# Atviras veidas, UAB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atviras-veidas-uab

- Industry: Software
- Headquarters: Vilnius, Lithuania
- Website: www.openface.io
- Total disclosed funding: $0.3M
- Latest round: Seed (Mar 15, 2022)
- Investors on record: 2

## About

Atviras veidas, UAB develops and sells innovative skincare and body products, focusing on custom solutions for skin clarity and balance, ensuring high-quality formulations for health-conscious consumers.Founded in 2019 and headquartered in Vilnius, Lithuania, Atviras veidas, UAB specializes in skincare solutions. The company has conducted 7 deals, with the most recent deal occurring on March 15, 2022, during a SEED round, where they raised USD 0.310 mn from investors D2 Digital Ventures and Pitchdrive. The firm is led by CEO Kris Farber, who has a background in skincare innovation.Openface specializes in custom-made skincare and body products designed for targeted solutions, including the Acne Body Wash, Exfoliating Body Cream, and Acne Body Duo. These products, crafted with high-performance ingredients from reputable laboratories, are aimed at addressing acne and skin texture issues while meeting GMP-certified standards. The company's offerings are primarily marketed to consumers in the European Union and the United Kingdom.In 2022, Openface generated revenue of USD 27,434.60, with an EBITDA of USD -82,304.90. The company sells its skincare products directly to consumers, with flagship offerings priced at USD 35 for the Acne Body Wash, USD 19 for the Exfoliating Body Cream, and USD 51 for the Acne Body Duo, promoting customer loyalty through value bundling and free shipping on orders over EUR 40.Following a SEED funding round in March 2022, where Atviras veidas, UAB raised USD 0.305 mn, the company intends to use the funding to innovate its platform and enhance its machine learning capabilities. Future initiatives include the development and launch of new products aimed at expanding their market presence, particularly in regions beyond Europe by 2023.

## Funding rounds

- Seed, Mar 15, 2022, $0.3M — Pitchdrive, D2 Digital Ventures

## Investors

- Pitchdrive (https://capitalatlas.ai/funds/pitchdrive) — Seed
- D2 Digital Ventures (https://capitalatlas.ai/funds/d2-digital-ventures) — Seed
