Kopari Beauty is a premium coconut-powered lifestyle-beauty brand founded in 2015 and headquartered in San Diego, California. The company combines pure, nutrient-rich coconut oil with high-performance ingredients to produce natural-born luxury skin and hair products, sustainably manufactured in Southern California. Kopari sources its coconut oil from small family farms in the Philippines; its small-batch coconuts are handpicked, never exposed to extreme temperatures and cold-pressed. Products are sold direct-to-consumer and through retailers across the United States, Canada, Southeast Asia and Australia, including Sephora, Ulta, Nordstrom, Urban Outfitters, Riley Rose, Bloomingdale’s, Anthropologie, and online at KopariBeauty.com, Amazon, and Revolve. The company intends to use the funding to enhance product R&D focused on coconut formulations, fuel retail and international expansion, and improve e-commerce UX/UI and its subscription platform. Kopari was launched by Kiana Cabell, Bryce and Gigi Goldman, and James Brennan. Kopari Beauty is a San Diego–based brand that makes organic, coconut-oil–based products. Founded in 2015 by Bryce Goldman, the company began as an online-only seller and later expanded into brick-and-mortar through partnerships with retailers such as Sephora. The brand operates under parent company Koco Life LLC and is part of the portfolio overseen by James Brennan's Enlightened Brand Ventures. A recent SEC filing shows Kopari has raised $4.6M in debt financing, its first debt financing recorded with the SEC. The filing notes the financing round on offer totaled $5.0M, leaving $400,000 remaining to be sold, and that seven investors have participated to date. Previously the company reported raising more than $15M in equity, with 2016 investors including L Catterton and celebrity backers Ashton Kutcher, Mila Kunis and Hilary Duff. Kopari Beauty is a San Diego–based, digitally native direct-to-consumer beauty brand launched in late 2015 by Bryce and Gigi Goldman, Kiana Cabell and James Brennan. The company makes personal-care and body-care products built around 100% organic coconut oil, sustainably sourced from the Philippine Islands and manufactured in Southern California. Current SKUs include a multitasking Coconut Sheer Oil, Coconut Body Glow, Coconut Balm and Organic Coconut Melt, plus a body-care line with Coconut Crush Scrub, Coconut Body Milk and Coconut Body Oil. Kopari launched on Sephora’s website in October 2016 and plans national brick-and-mortar expansion in January 2017, alongside international expansion. The company intends to use new capital to drive R&D and product innovation and to invest in marketing and inventory to support its retail partnership. New product launches and additional innovation were planned for 2017.

Total raised

$25M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2019