Althea
Latest round
- Series B
Last raised
- Oct 2017
Total raised
- $11M
Investors
- 9
About Althea
Althea Inc.Founded in 2015, Althea Inc. operates as a direct-to-consumer platform, distributing a range of Korean beauty products from brands such as Laneige and COSRX. The company is headquartered in Seoul, South Korea. Christopher Cynn is the CEO and founder, driving the company’s growth and outreach.Althea Korea specializes in distributing a diverse range of Korean beauty and cosmetics products, focusing on skincare, makeup, and body care essentials. The company’s offerings include popular brands such as Laneige, Innisfree, Etude, and COSRX, addressing various skin types and concerns like acne and hydration.Althea operates a direct-to-consumer business model, generating revenue primarily through online sales on its e-commerce platform. Customers can purchase individual items or benefit from promotional offers. The company maintains competitive pricing strategies, featuring discounts on flagship products and exclusive collections. This will involve introducing new product lines and strengthening its presence in existing markets, with a focus on key regions such as North America and Southeast Asia. The company intends to implement these strategies in the near future, aiming to solidify its international market position and meet the growing demand for K-beauty products.
Who invested in Althea
9 investors across 3 rounds
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Questions about Althea
Who invested in Althea?
Althea has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Althea raised?
Althea has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Althea last raise money?
Althea's most recent round on record is a Series B, in Oct 2017.
What does Althea do?
Althea is a consumer products company.
Where is Althea headquartered?
Althea is headquartered in Seoul, South Korea.
Which VCs invest in companies like Althea?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at Althea's stage. Their profiles are linked below.
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