COMPANY INFO
Sephora SA is a French multinational retailer founded in 1969 by Dominique Mandonnaud, specializing in cosmetics and beauty products. With around 52,000 employees worldwide, Sephora offers a wide range of personal care items including skincare, fragrance, and hair care through its unique open-sell environment and extensive brand assortment, including its own Sephora Collection, accessible via its website sephora.com.
Sephora SA is a French multinational retailer founded in 1969 by Dominique Mandonnaud. Operating in the cosmetics industry, Sephora employs approximately 52,000 people worldwide and is known for its innovative open-sell environment and extensive offerings, which include skincare, fragrance, hair care, and personal care products. With a global presence and an expanding e-commerce platform, Sephora serves millions of customers both online and in stores through partnerships, including its popular Sephora Collection.
Sephora SA funding history is relatively unique among large-scale cosmetics retailers. To date, the company has raised a reported total of $5,150 through a single grant round awarded in June 2017. The funding round, while modest in size, marked an official engagement with external funding, specifically prize money from a prestigious public institution. As a subsidiary of LVMH, Sephora’s overall funding strategy has traditionally leaned on internal investments and strategic parent company backing, rather than frequent venture capital fundraising rounds. The company’s funding profile therefore reflects its established market position and the strength of its parent-company ecosystem over external venture capital involvement.
Sephora SA received grant funding from the European Union in the form of prize money. This grant was intended to recognize innovation or achievement, rather than serving as primary capital for expansion or operational scaling.
The European Union provided grant funding to Sephora SA. While not a traditional venture capital investor, the EU’s grant recognizes Sephora’s innovation or contribution within the European market, playing a role in public sector support for industry excellence.
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