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Purplle Secures $180M in Series F Funding Round

  • Omnichannel beauty platform Purplle closes Series F funding at $180 million.
  • Round led by a subsidiary of the Abu Dhabi Investment Authority with significant contributions from existing investors.
  • New investors like Sharrp Ventures also joined this round.
  • Funding to support Purplle's mission to make beauty accessible to everyone, leveraging technology to enhance consumer discovery and purchase.
  • Purplle operates with two models: a marketplace and its own brands, reaching over 10 million consumers monthly.

Source: Entrackr

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