The Endeavor-backed cosmetics brand raised its latest funding at a $1.8bn valuation, increasing its overall funding to $266m.
Glossier, a US-based cosmetics retailer backed by talent and media agency Endeavor, secured $80m yesterday in a series E round led by hedge fund manager Lone Pine Capital.
The round included venture capital and growth equity firm IVP as well as VC firms Forerunner Ventures, Index Ventures, Sequoia Capital and Thrive Capital. It valued the company at $1.8bn, according to Business of Fashion.
Founded in 2014, Glossier sells a range of skincare, makeup and fragrance products through online channels as…
