According to Fortune, Birchbox announced the closing of a $60 million Series B funding round led by Viking Global Investors, with the participation of First Round Capital, Accel Partners, Aspect Partners, Consigliere Brand Capital, Glynn Capital, Comcast Ventures, Sam Lessin, Slow Ventures, Red Swan Ventures and TriplePoint Venture Growth BDC Corp. According to sources familiar with the deal, the round gives Birchbox a pre-money valuation of $485 million.
Birchbox is the leading platform for discovery of trade We are redefining the retail process by offering consumers a unique and personalized way to discover, learn and shop for the best beauty, grooming and lifestyle products on the market.
Birchbox, headquartered in New York City, was launched in September 2010 and extended to men’s products by Birchbox Man in April 2012.
In September 2012, Birchbox acquired JolieBox, a company based in Paris, and acquired business units in France, the United Kingdom and Spain to take over the company globally and become an international market leader in discovery trade.
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