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Agenda-setting intelligence, analysis and advice for the global fashion community.

How to Raise Money as a Black Beauty Brand

Black founders carry a markedly higher burden when it comes to educating investors on the value and viability of their business ideas — but there is an art and science behind knowing when your brand is ready and what kind of investors will be the best fit.
Black founders in the U.S. raised 0.48 percent of all venture dollars allocated last year, according to the latest data from Crunchbase — marking the third straight year of declines.
Black founders in the U.S. raised 0.48 percent of all venture dollars allocated last year, according to the latest data from Crunchbase — marking the third straight year of declines. (BoF Team)

This is the final part of a three-part series by The Business of Beauty, which explores how Black founders built, launched and scaled their businesses.

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Further Reading

How to Scale a Black Beauty Brand

Landing a retail partnership is often seen as a major milestone for beauty founders — but it brings a bevy of new challenges, from the logistical complexities to setting a marketing budget. Black entrepreneurs, who typically have far less capital to work with, often face tough choices.

About the author
Sheena Butler-Young
Sheena Butler-Young

Sheena Butler-Young is Senior Correspondent at The Business of Fashion. She is based in New York and covers workplace, talent and issues surrounding diversity and inclusion.

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