Meaningful Partners Invests in Allies of Skin to Accelerate US Market Expansion

Meaningful Partners has announced an investment in Allies of Skin, which will be used to fuel Allies of Skin's entrance into the United States across the digital and retail landscapes, including furthering marketing efforts, driving cutting-edge new product research and development and strategically building a US-based team. The terms of the investment have not been disclosed.

Previously: Vendis Capital Invests in Skins Cosmetics

Allies of Skin is currently available in 36 countries across 40 retail partners, including Space NK, MECCA, Sephora, Dermstore and Cult Beauty and 800+ retail stores globally.

Nicolas Travis, founder and CEO of the company, said, "The last eight years have been an exhilarating journey, from an unknown brand to becoming Singapore's most global skincare brand. I cannot be more thrilled to welcome Meaningful Partners as new allies to help us in the next phase of our global expansion. We had an energetic connection from the very first meeting. Their focus on mission-driven brands and their hands-on approach make them the perfect partners for us."

Jake Capps, managing partner at Meaningful Partners, said, "We are thrilled to be partnering with Nicolas and the Allies of Skin team to continue to empower positive purpose and capitalize on the strong tailwinds in the science-backed, efficacy-driven skin care segment. After earning a fanatical customer base through their supercharged formulations and cutting-edge new product development, we look forward to supporting the company alongside our talented bench of beauty operating expert members as they continue to focus on the expansive US market. With a lineup of clinically-backed new product launches, operational excellence and a strong team, Allies of Skin is positioned for success in the U.S. during this exciting next phase of growth."