What is Thirteen Lune?
Thirteen Lune is an innovative e-commerce platform established in 2020 and headquartered in California. The company is dedicated to curating and promoting beauty brands founded by Black and Brown entrepreneurs, aiming to foster discovery and inclusivity within the beauty industry for consumers of all backgrounds. Its mission centers on providing a vital marketplace that amplifies underrepresented voices and products.
How much funding has Thirteen Lune raised?
Thirteen Lune has raised a total of $12M across 3 funding rounds:
Angel/Seed
$1M
Unspecified
$3M
Angel/Seed
$8M
Angel/Seed (2021): $1M with participation from Sean Combs, Naomi Watts, and Gwyneth Paltrow
Unspecified (2021): $3M led by Fearless Fund
Angel/Seed (2023): $8M, investors not publicly disclosed
Key Investors in Thirteen Lune
Sean Combs
Sean Combs is a prominent figure in the entertainment and business world, known for his ventures in music, fashion, and media. His investment in Thirteen Lune suggests a strategic interest in the burgeoning inclusive beauty market and supporting minority-led businesses.
Fearless Fund
Fearless Fund is an investment firm focused on empowering underrepresented entrepreneurs, particularly in the Black community. Their participation in Thirteen Lune's funding round aligns with their mission to provide capital and support to businesses that drive economic change and foster diversity.
Gwyneth Paltrow
Gwyneth Paltrow is an acclaimed actress and entrepreneur, founder of the lifestyle brand Goop. Her investment in Thirteen Lune indicates a belief in the company's mission and market potential, potentially bringing valuable insights into consumer trends and brand building within the wellness and beauty space.
What's next for Thirteen Lune?
The recent major strategic investment signifies a pivotal moment for Thirteen Lune, likely enabling the company to scale its operations, expand its product catalog, and enhance its marketing efforts. This infusion of capital is expected to accelerate its growth, allowing it to further solidify its position as a leader in inclusive beauty e-commerce and potentially explore new market segments or technological advancements to improve customer experience and brand partnerships.
See full Thirteen Lune company page
