CosmicTaco

Purplle Secures $180M in Series F Funding Round

CosmicTaco · 2024-10-15T08:28:58.218177+05:30

- Omnichannel beauty platform **Purplle** closes Series F funding at **$180 million**. - Round led by a subsidiary of the **Abu Dhabi Investment Authority** with significant contributions from existing investors. - New investors like **Sharrp Ventures** also joined this round. - Funding to support Purplle's mission to make beauty accessible to everyone, leveraging technology to enhance consumer discovery and purchase. - Purplle operates with two models: a marketplace and its own brands, reaching over **10 million consumers** monthly. Source: [Entrackr](https://entrackr.com/2024/10/purplle-closes-series-f-round-at-180-mn/)

Omnichannel beauty platform Purplle closes Series F funding at $180 million.
Round led by a subsidiary of the Abu Dhabi Investment Authority with significant contributions from existing investors.
New investors like Sharrp Ventures also joined this round.
Funding to support Purplle's mission to make beauty accessible to everyone, leveraging technology to enhance consumer discovery and purchase.
Purplle operates with two models: a marketplace and its own brands, reaching over 10 million consumers monthly.

Source: Entrackr