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Venture Capital News: BoldHue Inks $3.37M Oversubscribed Seed

2024-07-02
BOISE, ID, BoldHue has successfully closed a $3.37 million oversubscribed seed round, raising nearly $5.2 million in funding to date.
BoldHue, the female-founded technology company revolutionizing the beauty-tech industry with its personalized foundation device, has successfully closed an oversubscribed seed round, raising nearly $5.2 million in funding to date. The round was led by Lucas Venture Group with participation from Capital Eleven, Backstage Capital, Tacoma Ventures, Mark Cuban, and Kevin Huvane.

BoldHue is a technology company with a beauty vertical, known for its groundbreaking device that formulates foundation on-demand in the comfort of your home. Founded in 2020 by Rachel Wilson and Karin Layton, BoldHue aims to revolutionize the beauty industry by providing personalized and convenient beauty solutions.
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