What is Ogee?
Founded in 2014 and headquartered in Burlington, VT, Ogee operates within the beauty industry, distinguishing itself through a commitment to certified-organic, high-performance skincare and makeup products. The brand emphasizes the use of sustainable ingredients, aiming to lead a revolution in the beauty market by offering products that meet stringent standards for transparency, safety, and regulatory compliance, while also demonstrating proven efficacy. Ogee's focus on combining organic formulations with high-performance results positions it as a key player in the growing demand for conscious consumerism within the beauty space.
How much funding has Ogee raised?
Ogee has raised a total of $8.8M across 3 funding rounds:
Private Equity
$1.6M
Debt
$150K
Series A
$7M
Private Equity (2017): $1.6M with participation from FreshTracks Capital
Debt (2020): $150K led by PPP
Series A (2022): $7M supported by Coastal Ventures, FreshTracks Capital, and Birchview Capital LP
Key Investors in Ogee
Coastal Ventures
Coastal Ventures is an investment firm focused on elevating businesses through innovative strategies and creative solutions, catering to entrepreneurs and investors seeking experienced advisors. They aim to foster meaningful connections and collaborations, valuing eccentricity and authenticity in the business landscape.
FreshTracks Capital
FreshTracks Capital is a Vermont-based venture capital firm that invests in seed and early-stage entrepreneurial companies in Northern New England, supporting innovative businesses through multiple rounds of financing.
Birchview Capital LP
Undisclosed investor participating in the funding round.
What's next for Ogee?
The recent major strategic investment signifies Ogee's transition into a growth phase, likely aimed at expanding product lines, enhancing manufacturing capabilities, and broadening its distribution channels. With a substantial total funding amount, the company is well-positioned to further innovate in sustainable beauty and solidify its market share. Future developments may include strategic partnerships, increased marketing efforts to reach a wider consumer base, and continued investment in research and development to maintain its edge in organic and high-performance beauty solutions.
See full Ogee company page