#USA #San Francisco #OneSkin #Prairie Growth #Skin Longevity

Prelude Growth Partners Invests in OneSkin

In a remarkable development for the evolving skincare industry, OneSkin, a trailblazer in skin longevity, has received a substantial investment of $20 million from Prelude Growth Partners. This investment marks a significant milestone in OneSkin's journey and aims to fuel its mission of extending the health and vitality of skin.

A Strategic Move

The investment was not part of an ongoing fundraising effort—rather, Prelude Growth Partners approached OneSkin with an offer that the brand opted to embrace. By doing so, OneSkin aimed to replace an earlier seed stage investor with a partner better suited to assist them in their next growth phase. This partnership emphasizes Prelude's confidence in the burgeoning field of skin longevity and in OneSkin's leadership within that realm.

Founded entirely by a group of female PhD scientists, OneSkin is unique in its focus on extending skinspan—the period during which skin remains youthful and functional. Their approach goes beyond merely improving the appearance of skin; it centers on combating the underlying mechanisms of aging. By targeting senescent cells, or aging cells that accumulate in skin and contribute to visible aging signs, OneSkin employs top-notch scientific research to foster healthier skin. Their proprietary peptide, known as OS-01, works to alleviate the effects of these aging cells, helping the skin to appear and function more like youthful skin.

A Dream Team

According to Carolina Reis Oliveira, Ph.D., Co-Founder and CEO of OneSkin, the partnership with Prelude Growth Partners represents an invaluable collaboration. Oliveira expressed her pride in welcoming Prelude into the OneSkin family, highlighting the firm's expertise in building contemporary consumer brands and aligning with OneSkin's science-based mission. Impressively, when Prelude approached OneSkin, the brand wasn't actively searching for new investment, yet the alignment in vision and values prompted them to seize this opportunity.

Alicia Sontag, Co-Founder and Managing Partner of Prelude Growth, affirmed the uniqueness of OneSkin's scientific efforts and their compelling brand presence within the skin longevity category. She expressed excitement about partnering with OneSkin, acknowledging the collaborative potential to establish a prominent and enduring brand in this space.

The Community Impact

OneSkin's product assortment, including its popular offerings—OS-01 FACE, BODY, and EYE, along with the newly launched OS-01 LIP and HAIR—has cultivated a devoted customer following. Notably, high-profile figures such as Jennifer Aniston, Camila Alves McConaughey, and Katy Perry have championed the brand, further enhancing its appeal. Previous financial backers included Selva Ventures, Unilever Ventures, and others, illustrating a strong foundation of support.

OneSkin’s commitment to harnessing scientific research for skincare innovation is likely to drive the brand’s expansion and deepen its impact on the skincare market. As they prepare to utilize the new funding, the focus remains on creating products that elevate skin health at a cellular level, promoting not only a more youthful appearance but holistic wellness.

About OneSkin

Founded by four talented female PhD scientists specializing in stem cell biology, bioinformatics, and tissue engineering, OneSkin is dedicated to transforming skincare into a movement for skin longevity. Their scientific approach aims to counteract signs of aging while enhancing overall skin health.

For additional details on OneSkin's offerings and its mission, visit www.oneskin.co.

About Prelude Growth Partners

Prelude Growth Partners is a prominent growth equity firm keen on investing in brands that cater to modern consumer needs. By collaborating with entrepreneurs and CEOs, the firm offers extensive operational support and insights to help scale promising consumer brands. Prelude actively pursues investments between $15 million and $75 million across a diverse array of consumer-focused sectors, reinforcing its commitment to nurturing the brands of the future.

For more insights about Prelude Growth Partners, explore www.preludegrowth.com.