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Grace

7500 Grace Drive, Columbia, MD, 21044, United States

Overview

Grace is a Korean aggregator of international health and beauty brands led by founder Abraham Cho. The company is the largest supplier to Olive Young, Korea’s largest health and beauty retailer, and supplies online channels and more than 50,000 offline points of sale in Korea. Grace exports Korean brands to over 60 countries via B2B and D2C channels. Its core offering is distribution and aggregation services for international and Korean beauty and health brands across online and offline channels. Grace plans to use new funding to scale operations, hire personnel, and develop new service offerings to expand business in the region. The company raised a $5M Series B to support these growth initiatives.

Total raised
$5M
Funding rounds
1
Latest round
Series B
Latest activity
Apr 2023

Industries

  • Advanced Materials
  • Chemical
  • Hardware
  • Innovation Management
  • Manufacturing
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Recent funding

  1. Series B

    Apr 2023

    $5M

Team

  • Fred E. Festa

    Chairman & CEO

    LinkedIn
  • Keith Cole

    Chief Sustainability Officer

    LinkedIn
  • Mark Shelnitz

    Vice President, General Counsel and Secretary

    LinkedIn
  • Gregory E. Poling

    President & COO