This article originally appeared on PRNewswire on Oct. 22, 2019.
PORTOLA VALLEY, Calif., Oct. 22, 2019 /PRNewswire/ -- Sekhmet Ventures, a venture capital firm focusing on companies with science-based beauty and wellness products, today announced that it has partnered with ELSI Beauty to help the company develop a personalized product platform for consumers with sensitive skin. ELSI Beauty, founded by skin pharmacologist Dr. Elsa Jungman, develops skincare products that are clean and ultra-gentle with a specific focus on the microbiome. As part of its partnership with ELSI Beauty, Sekhmet Ventures has provided seed capital and strategic counsel to ensure ELSI's future platform services as many customers as possible.
ELSI Beauty's personalized product platform will assess data on a customer's skin profile, hormonal changes, and environment to create a tailored "subscription box" of products, including moisturizers and cleansers. Earlier this year, ELSI Beauty debuted its first hero product, Let's Start Over Super Moisturizing Serum, a three-ingredient moisturizing and soothing face oil for normal-dry skin types.
"ELSI Beauty understands that the future of skincare is grounded in robust science, and that large portions of the beauty market – in this instance, customers with sensitive skin – still harbor significant unmet needs," said Barbara Paldus, Founding Partner, Sekhmet Ventures. "We're excited to help ELSI Beauty build its flagship, personalized product platform and look forward to introducing customers to its superb product line."
"Barbara and the Sekhmet Ventures team quickly stood out as ideal partners in the wellness and skincare space, demonstrating a clear passion in the science and process behind ELSI's products," added Dr. Elsa Jungman. "Success in any market requires both capital, sound strategic counsel and a robust network of experts, and Sekhmet Ventures is a valued provider of all."
About Sekhmet Ventures Sekhmet Ventures focuses its investments on ultra-pure beauty and wellness products based on science. Sekhmet Ventures provides its portfolio companies with more than just capital. Sekhmet Ventures has assembled a team of experts who support its portfolio companies with expertise and extensive experience in marketing, sales, manufacturing, regulatory compliance and other commercial aspects of a beauty and wellness company. By providing these services, portfolio companies can accelerate growth without the additional time, capital and potential dilution that would be required to build the infrastructure required to perform these functions.
About ELSI Beauty
Driven by a desire to co-create the future of skincare and make product curation personal, ELSI Beauty is disrupting the way we interact with our skin for optimal health and glow. We envision a future with optimal skin health for every individual and our mission is to help millions of people who struggle with sensitive and reactive skin by offering them clean and super gentle skincare with a specific focus on the microbiome.
For more information, visit https://elsibeauty.com/
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SOURCE Sekhmet Ventures LLC