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High School Sweethearts Rejected $400,000 'Shark Tank' Offer; Raised Over $4 Million for CurlMix With Community Support

(Image Credit: CurlMix)
CurlMix founders and high school sweethearts, Tim and Kim Lewis, turned down a $400,000 Shark Tank offer in 2019.
Last month, the couple launched an equity crowdfunding campaign for their haircare brand and raised over $1 million within four hours. In less than seven weeks, CurlMix has raised over $4.2 million.
Over 7,000 investors have contributed to the Wefunder campaign since it was launched on April 6th. According to the Wefunder campaign, the couple always knew they wanted to build a life and business. Now, they have a chance to create wealth in their community thanks to the Jumpstart Our Business Startups Act (JOBS) Act. ....

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Updated: All the Beauty M&A Deals of 2021

Updated: All the Beauty M&A Deals of 2021
Women s Wear Daily (WWD)
3 days ago
Allison Collins
More from WWD
Just a few weeks into 2021, there have already been multiple billion-dollar beauty M&A deals, including the Estée Lauder Cos. Inc.’s deal to acquire the rest of Deciem, parent company of The Ordinary, and Shiseido inking a deal to sell its personal care business to CVC Capital.
There have also been smaller deals, as venture capitalists continue to back beauty companies.
Here is a list of the beauty M&A transactions so far in 2021:
January
Paper Cosmetics, a direct-to-consumer natural and sustainable deodorant brand, closed a funding round. Terms were not disclosed. ....

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CurlMix Couple Turned Down $400,000 Shark Tank Offer; Raised Over $2 Million with Community Support

CurlMix Couple Turned Down $400,000 Shark Tank Offer; Raised Over $2 Million with Community Support
(Image Credit: CurlMix)
The Chicago couple known for turning down a Shark Tank deal a few years ago just raised over $2 million for CurlMix. The brand is part of the Listener Brands portfolio and has only been around since 2015.
What’s the secret to their rapid success? The company launched an equity crowdfunding campaign that was driven by a loyal community of followers.
“So far we have raised ~$2.3M in a little over 2 days,” shared the CurlMix team on the brand’s Instagram page. “But the number that stands out most to us is that it was raised by a little over ~3,800 investors which means the average investor is putting in about ~$600.” ....

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The Chicago Couple Behind Black-Owned Brand CurlMix Raises Over $1 Million Within 4 Hours

The Chicago Couple Behind Black-Owned Brand CurlMix Raises Over $1 Million Within 4 Hours
Black-owned brand CurlMix is breaking the internet with the launch of its equity crowdfunding campaign.
Listener Brands, the parent company of CurlMix and 4C ONLY, is allowing consumers to invest and unlock opportunities for generational wealth. Thousands of people have invested since the campaign launched on the morning of April 6th. In less than four hours, the company reached the million-dollar mark in funds raised.
“Many of us spend years supporting companies with our hard-earned dollars, but we see nothing for it when the brand eventually sells, transferring the wealth outside of our community,” says Listener Brands CEO and Co-Founder, Kim Lewis in a statement. “Our goal is to create opportunities for our community to increase their wealth. Our vision is to change the narrative of what ownership looks like. We aim to become the first Black-owned publicly-traded beauty c ....

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