HomeRetailDigital/E-commerceBirchbox Gets Much-needed Bridge FundingAug 1st, 2016Jeb Gleason-AlluredBirchbox has secured a bridge loan to pursue profitability. Following some deep cuts at Birchbox, the beauty box originator has secured $15 million in bridge financing from among its existing investors, according to a new report from WWD. The additional funds will be put toward making the struggling innovator profitable. Earlier this year the company cut 50 people as pressure mounted to turn a profit. Then, in June, Birchbox announced further staff reductions, of 30.