IVP and Index Ventures have co-led a round for WME-backed skincare brand Glossier, increasing its overall funding to $86m.

Glossier, a US-based skincare and beauty brand backed by talent agency William Morris Endeavor (WME), raised $52m in a series C round yesterday.

The round, which took Glossier’s total funding to $86m, was co-led by venture capital firms Institutional Venture Partners (IVP) and Index Ventures. It followed a $24m series B round in 2016 that was led by IVP with participation from Index Ventures.

Glossier produces a range of skincare and make-up products as well as fragrances and body washes,…

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