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IT Cosmetics - About the company

IT Cosmetics is an acquired company based in Jersey City (United States), founded in 2008 by Jamie Kern Lima and Paulo Lima. It operates as an Anti-aging, colour infused cosmetics and skincare products company. IT Cosmetics has raised an undisclosed amount in funding. The company has 1223 active competitors, including 55 funded and 114 that have exited. Its top competitors include companies like Procter & Gamble, Douglas and L'Occitane.

Company Details

IT Cosmetics develops and sells anti-aging, colour infused cosmetics and skin care products. Products they sell include anti-aging concealer, skin cream, eyebrow pencil, makeup balm, foundation, lipstick, mascara, brushes and tools etc. Sells through TV shopping networks like QVC, The Shopping Channel, retailers like Ulta Beauty, through its online platform etc.Won the Cosmetic Innovator of the Year Award (2011) for "Most Innovative Company" by ICMAD. The company had recorded sales of $182 million in the financial year ending June 2016.
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Email ID
*****@itcosmetics.com
Key Metrics
Founded Year
2008
Location
Jersey City, United States
Stage
Acquired
Latest Funding Round
Ranked
Employee Count
591 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by L'Oréal (Jul 22, 2016)

IT Cosmetics's acquisition details

IT Cosmetics got acquired by L'Oréal on Jul 22, 2016 at an acquisition amount of $*****.
Click here to take a look at IT Cosmetics's acquisition in detail
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IT Cosmetics's funding and investors

IT Cosmetics has raised funding over 1 round. Its latest funding round was a PE round on Sep 10, 2013 for $*****. 1 investor participated in its latest round. IT Cosmetics has 1 institutional investor.

Here is the list of recent funding rounds of IT Cosmetics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 10, 2013
6699451
PE
1490101
1382375
7930344
6487829
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IT Cosmetics' founders and board of directors

Founder? Claim Profile
The founders of IT Cosmetics are Jamie Kern Lima and Paulo Lima.
Here are the details of IT Cosmetics' key team members:

IT Cosmetics' employee count trend

IT Cosmetics has 591 employees as of Jul 24. Here is IT Cosmetics's employee count trend over the years:
Employee count trend for IT Cosmetics
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IT Cosmetics's Competitors and alternates

Top competitors of IT Cosmetics include Procter & Gamble, Douglas and L'Occitane. Here is the list of Top 10 competitors of IT Cosmetics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Procter & Gamble
Procter & Gamble
1837, Cincinnati (United States), Public
Provider of FMCG conglomerate products
-
83/100
2nd
Logo for Douglas
Douglas
1910, Dusseldorf (Germany), Public
Retailer offering wide array of perfumes
$259M
74/100
3rd
Logo for L'Occitane
L'Occitane
1976, Paris (France), Public
Beauty and personal care brand
$10M
71/100
4th
Logo for L'Oréal
L'Oréal
1909, Paris (France), Public
Internet first brand of skin & hair care, and makeup products for men and women
-
69/100
5th
Logo for Glossier
Glossier
2005, New York City (United States), Series E
Internet first brand offering multicategory beauty products
$266M
69/100
6th
Logo for SUGAR Cosmetics
SUGAR Cosmetics
2012, Mumbai (India), Series D
Platform offering cosmetic and personal care products
$96.3M
65/100
7th
Logo for Sol de Janeiro
Sol de Janeiro
2015, New York City (United States), Acquired
Brand of body care products
$14.6M
-
61/100
8th
Logo for Beautycounter
Beautycounter
2012, Santa Monica (United States), Acquired
Internet-first brand of multi-category beauty products
$41.9M
61/100
9th
Logo for NYX Professional Makeup
NYX Professional Makeup
1999, El Segundo (United States), Acquired
Manufacturer of makeup products
$10.6M
60/100
10th
Logo for HUL
HUL
1933, Mumbai (India), Public
Producer of FMCG, packaged food, and consumer goods
-
60/100
16th
Logo for IT Cosmetics
IT Cosmetics
2008, Jersey City (United States), Acquired
Anti-aging, colour infused cosmetics and skincare products company
-
56/100
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IT Cosmetics's Investments and acquisitions

IT Cosmetics has made no investments or acquisitions yet.

Reports related to IT Cosmetics

Here is the latest report on IT Cosmetics's sector:

News related to IT Cosmetics

Media has covered IT Cosmetics for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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