Black Enterprise

Black Women Beauty Company Co-Founders Score $1 Million in Funding

The two Harvard Business School grads launched the business in March of this year. They were inspired after they could not find makeup suitable for their complexions.

Back in March, the pair started the business by hand-making their own samples and spending about $10,000-$15,000 of their own money, they told Black Enterprise in an interview.

After testing their products around the country with consumers and makeup artists, they realized the potential of Mented (which is short for pigmented, by the way). They were able to subsequently raise a pre-seed round of capital totaling $400,000.

The latest round of funding, from a mix of VC firms and angel investors including iSeed Ventures; Built by Girls; Corazon Capital; Outbound Ventures; BAM Ventures; and Blue Seed Collective.

Read more here.

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