# Simpcare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simpcare

- Industry: Consumer Products
- Headquarters: Guangzhou, China
- Website: www.simpcare.com
- Total disclosed funding: $48M
- Latest round: Series C (Aug 19, 2021)
- Investors on record: 6

## About

Based in Guangzhou, China and established in 2019, Simpcare is a beauty brands in the Internet age. Products are sold by Internet platforms, including Tmall and Douyin. At the beginning of 2020, the first year sales have exceeded 100 million yuan. TikTok official reports, Simpcare is the top one in domestic skin care brand. The founder Jeffrey used to be the brand director of P&G and the co-founder TED has 26 years of research and development experience in the field of functional skin care.

Products focus on sensitive skin care. It include five product lines, camellia series, cherry blossom series, CBS radiant light series, and anti-aging series, oily sensitive skin series. The total stock keeping unit has sixty.

## Funding rounds

- Series C, Aug 19, 2021, $46M — Coatue Management, H Capital, Cygnus Equity
- Series B, Jan 22, 2021 — Hony Capital, Coatue Management
- Series A, Sep 15, 2020, $1.5M — Hony Capital, Coatue Management, ZhenFund, Snow Lake Capital

## Investors

- Hony Capital (https://capitalatlas.ai/funds/hony-capital) — Series A, Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A, Series B, Series C
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A
- Snow Lake Capital — Series A
- H Capital (https://capitalatlas.ai/funds/h-capital) — Series C
- Cygnus Equity (https://capitalatlas.ai/funds/cygnus-equity) — Series C