The Grace Beauty-backed razor blade subscription service has received new funding in a round featuring Temasek and Alliance Consumer Growth.
Harry’s, the US-based razor retailer backed by beauty product distributor Grace Beauty, has secured $112m in funding from investors including Singaporean state-owned investment firm Temasek, the New York Times has reported.
Private equity firm Alliance Consumer Growth also took part in the round, as did undisclosed existing investors, according to the Times, though CNBC identified Tiger Global Management and Wellington Management as participants.
Harry’s sells razors and accessories through an online-based subscription model that mails products to a user’s home,…
