Merit Closes $20M Series A Funding Round

15 Sep, 2021

Merit Closes $20M Series A Funding Round
Photo by Goran Ivos on Unsplash

– Merit is a Los Angeles, CA-based minimalist beauty brand.
– Company raised $20m in Series A funding.
– The round was led by the Growth Fund of L Catterton, with participation from Marcy Venture Partners and Sonoma Brands.
– The new investment will be used to expand the company’s color cosmetics collection and expand into new categories.

Cosmetics North America
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