Rhode (Acquisition)
Funding Details
- Awarder
- RSS - techfundingnews.com
- Date Award
- May 01, 2025
- Vertical
- Beauty
- Funding URL
- View Funding Page
- Funding Amount:
- $1,000,000,000
Company Info
- Founding Year
- 2022
- Traction
- Rhode generated $212 million in revenue in the 12 months ended March 31, 2025, doubling its customer base over the past year. The brand's Peptide Lip Treatment became a viral sensation, and it is on track to generate $100 million in revenue this year.
- Revenue Amount
- $212,000,000
- Founders
- Hailey Bieber
- Company Description
- Rhode is a skincare brand founded by Hailey Bieber in 2022, known for its minimalist aesthetic, science-backed formulations, and strong social media strategy. The brand has quickly established itself as a cult favorite and is positioned for global expansion under e.l.f. Beauty.
- Market
- Skincare
- Location
- USA