“Topicals” is such a genius brand providing us with creams, ointments, and lotions for the skin made with ingredients and herbs proven by a third party. Board certified dermatologist tested, science backed formulas, made for every shade. “They’ve sold one product every “minute” this year at Sephora“. Did you hear me…every minute!
Olamide Olowe, Founder and CEO of Topicals, shares the importance of great skin and mental health through their products. Mental health can be associated with ones appearance and also effect it. Topicals advocates for the mental health and well being of others specifically in marganlized communities by donating over $50,000 to combate the stigmatization.
This 26 year young, entrepreneur has raised more than $2 million in funding since the brands conseption in 2020. But not only that announced earlier this week $10 million in financing by the highly respected CAVU Consumer Partners. CAVU have partnered with successful brands such as Beyond Meat, Oatly, Noom, BAI, Health-Ade and a host of others.
With the backing of Kelly Rowland, Gabrielle Union, Yvonne Orji, Hannah Bronfman, Bozoma Saint John, and Marcy Venture Partners, Topicals is certain to made a bigger statement in the beauty sector.
“I love CAVU’s focus on mission driven brands and from the first conversation with their team, it was clear that they shared our vision of disrupting the ointment category. They’re very hands on with their portfolio brands, which was the biggest differentiator. At this stage of growth, it’s crucial for us to have an investment partner who can provide value outside of capital, and with CAVU we have a team of experts ready to roll their sleeves up and do the hard work of taking this brand to the next level.” said Olamide Olowe, Founder & CEO of Topicals.
“Through Topicals, we believe Olamide has set a new standard in beauty – not only by formulating and marketing effective over-the-counter replacement products for skincare – but also by destigmatizing the way consumers speak about their skin conditions,” said Jenna Jackson, Principal of Growth at CAVU Consumer Partners. “Topicals is truly a category creator in that regard and truly aligns with CAVU’s philosophy of investing in and building brands creating better-for-you products. I’m thrilled to partner with Olamide and this boundary-pushing beauty company.“
SHOP TOPICALS
About Topicals
Topicals is transforming the way you feel about skin through effective science-backed products and mental health advocacy. We believe in the philosophy of less frequent, less painful flare-ups or like we like to call it–funner flare-ups. Perfect skin doesn’t exist yet skin conditions can be painful. People with chronic skin conditions live this duality and our mission is to remind you that you make skin look good–not the other way around. For more, mytopicals.com or @topicals on Instagram and Twitter.
About CAVU Consumer Partners
Founded in 2015 by Brett Thomas and Rohan Oza, CAVU Consumer Partners is a consumer-focused investment firm seeking to democratize healthy living for all by sourcing and scaling the brands of tomorrow. We are partners first, investors second. With offices in New York and Los Angeles, our focus is on better-for-you branded consumer products companies in Food and Beverage, Pet, Beauty, Wellness and Human Performance, among others. With total flexibility in stage and structure, CAVU can tailor investment solutions requiring a thoughtful approach, deep sector knowledge and a clear understanding of the company’s and other shareholders’ needs. For more information on CAVU Consumer Partners, please visit https://www.cavuconsumer.com/.
SOURCE: Topicals
