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MIRA BEAUTY Raises $9M in Funding from Unilever Ventures and 14W

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MIRA BEAUTY, the most comprehensive beauty shopping platform for everything makeup & skincare, has announced that they have raised $9 million in fresh funding.

The funding round was led by Unilever Ventures and 14W. The company plans to use the fresh capital injection in order to “take a verticalized approach to beauty shopping,” the company recently said in a statement. MIRA’s plans include phasing out the beta mobile app, redesigning their web site, and expanding user growth.

MIRA BEAUTY launched live online back in 2019 with a very distinct goal to really help increase engagement in e-commerce. Their beauty app is set up to guide users through a question-and-answer process that results in more personalized makeup & skincare product recommendations. Consumers can also access millions of real user ratings & reviews from people who look similar or have similar skin types so they can choose the beauty products that are likely best suited for their personal needs.

“Beauty consumers increasingly want to interact with brands and purchase products online in a way that feels authentic, frictionless and collaborative, and today’s specialty retailers, direct-to-consumer stores and marketplaces are ill-equipped to retrofit their businesses to this new reality,” said Mira cofounder and chief executive officer Jay Hack in a statement.

Ally Tam, who led the deal for 14W, compared MIRA BEAUTY to Netflix, noting that the service provides “exactly what you want to see.”

“We believe this new capital will help the company scale their services to meet the demands of a rapidly growing online audience,” she added.

MIRA BEAUTY is on a quest to capture and impart the knowledge, insights, and experiences of the worldwide beauty community. A resource where transparency and authenticity meet, MIRA empowers its members to learn more about beauty topics that are important to them and to find the right beauty solutions more quickly, easily, and inclusively than ever before.

MIRA BEAUTY is the world’s first universal beauty store and collaborative library for makeup and skincare – made up of over 100,000 products and counting, which then helps to translate over 10 million product pages, reviews, and videos into one clear, simple, and personalized shopping experience. Community members (professionals to novices) are able to add products, post reviews, and answer each other’s questions based on their own, unbiased experience, all while shopping for the best products for their unique features and approach to beauty.

For more information, please visit MiraBeauty.com

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

This Skincare Tech Startup Is Changing the Face of Beauty

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People want healthy skin to look and feel their best, which also means they want products that deliver visible results. Despite technological advancements, many consumers still grapple with common skin concerns like wrinkles, dark spots, and acne. The market is flooded with products promising miraculous results, yet few deliver. This is where Solawave comes in.

A leader in skincare technology, Solawave is redefining healthy skin by making advanced skincare accessible and effective. Solawave offers a transformative solution to common skin problems by combining cutting-edge technology with a sleek design. Their flagship product, the Radiant Renewal Red Light Therapy Wand, has taken the beauty industry by storm.

The Problem: Limited Access to Effective Skincare Solutions

Many topical treatments fail to deliver lasting results, and professional office treatments are often expensive and inaccessible. Solawave addresses this by offering high-quality, affordable skincare tools that provide spa-like results at home, ensuring professional care is available to everyone.

The Solution: Solawave’s Unique Approach

One example is the Solawave Wand, which integrates four potent technologies into one: red light therapy, galvanic current, therapeutic warmth, and massage to improve skin tone, texture, and overall appearance, merging professional-quality treatments with the convenience of at-home use for a modern, intuitive skincare experience. This revolutionary multi-modality tool offers a complete solution that saves time and money by addressing several skin issues simultaneously.

The Story Behind Solawave

Andrew Silberstein founded Solawave after battling severe acne his entire life. Andrew learned about the advantages of red light therapy after experimenting with a variety of therapies, including Accutane, which is often very harsh on the skin. However, he discovered that red light office treatments were expensive and other treatments like chemical peels were painful and inconvenient.

 

Andrew set out to find a solution that combined the comfort of at-home use with the success of expert treatments to make effective and affordable skincare more accessible.

Unique Products and Services

Solawave offers a wide range of skincare products, including at-home red light therapy, all of which are designed to address skin issues safely and effectively. Their Radiant Renewal Wand is a multiple award-winning tool that revitalizes the skin and supports healthy collagen while diminishing the appearance of wrinkles, dark spots, puffiness, and blemishes.

 

Solawave distinguishes itself from other skincare companies by embracing core values that drive its success, including:

Modern Technology: Proprietary technologies provide more thorough and structured skincare treatments by combining many modalities into a single device.

Accessibility: Solawave makes advanced skincare available to everyone by providing professional-grade equipment at a reasonable cost.

User-Friendly Design: Products are designed to be simple and comfortable, encouraging regular usage and improving outcomes.

Customer-Centric: Customer input is used to create and improve products on a consistent basis. According to Solawave reviews, it’s clear that customers feel heard and valued by the company.

Since its founding in 2020, Solawave has gained an excellent reputation in the skincare industry. The Radiant Renewal Wand is one of the most popular skincare tools on the market, and the brand has earned over 20 honors for its innovative and effective products.

Dermatologists and plastic surgeons who have endorsed Solawave products attest to the company’s success and dependability of its products. With more than 700,000 satisfied clients, the business has become a celebrity go-to for skincare, and prominent retailers, including Ulta Beauty, Nordstrom, Neiman Marcus, and Goop, are now carrying the company’s products.

The Future of Solawave

Solawave aims to make high-quality, affordable skincare equipment accessible to customers worldwide. In addition, they are committed to expanding their product line to include spa-quality at-home skincare solutions, such as body care items, that bring professional results into everyday routines.

Red light therapy devices are changing at-home skincare regimens, and Solawave is well-positioned to maintain its leadership position in skincare products because of its dedication to practical design, competitive pricing, and tangible outcomes. Their technology and equipment can help improve your skincare routine, regardless of whether you’re suffering from issues with your skin, a skincare fanatic, or looking for anti-aging therapies.

Visit the Solawave website today and embrace the future of skincare.

 

 

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