Function of Beauty

Overview
News
Beauty Tech?
Product stageSegments
Expansion
?
Personalized skincare, Personalized haircare and other beauty products
?

Function of Beauty is a developer of custom hair care, skincare, and body care products. The company initially focused on hair care and subsequently expanded its focus to skin and body care products in July 2020. Function of Beauty formulates custom products based on an online quiz using an algorithm capable of offering 12 billion custom combinations developed by the company’s founders—a group of MIT engineers and data scientists including Zahir Dossa and Joshua Maciejewski.

The company’s products are vegan, cruelty-free, sulphate-free, gluten-free, and paraben-free. Its hair care products have a patented Adaptive f3 Bonding Complex. Function of Beauty’s customized products include shampoo and conditioner (starting at USD 20 as of January 2024), body wash and body lotion (starting at USD 21 as of January 2024) and moisturizer (starting at USD 45 as of January 2024).

Function of Beauty carries out product designing, development, manufacturing, and packaging in-house with occasional consultant feedback. Function of Beauty uses automated processes, including a robotic system for order dispensing. The system can use 20–50 ingredients per bottle. As of January 2024, the company shipped to over 48 countries including the US, the UK, Canada, EU countries, and several Asian countries.

In August 2021, Function of Beauty acquired Atolla, a custom skincare product developer to combine its proprietary formulations with Atolla's patented skincare technology to offer advanced custom skincare products.

Key customers and partnerships

In September 2022, the company partnered with Canadian retailer Shoppers Drug Mart to launch its personalized hair care products in Canada. In August 2023, Function of Beauty launched a new Function of Beauty PRO hair care range in 300 Sephora locations across North America and online. It also has a wholesale partnership with Amazon (June 2024) to offer hair care products through Amazon’s e-commerce platform.


HQ location:
355 W Broadway, The Penthouse New York NY USA
Founded year:
2015
Employees:
251-500
IPO status:
Private
Total funding:
USD 247.9 mn
Last Funding:
-
Last valuation:
-
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