The Full List of 11 Beauty Unicorn Startups (2026)
The global beauty industry has 11 unicorn startups. These companies are building their business from the United States to China and India.
China's Ruipeng Pet Healthcare, a pet medical operator, leads the group with a $4B valuation. Other startups include direct-to-consumer brand Glossier, valued at $2B, and the salon software platform Vagaro.
Below is the full list of 11 Beauty unicorn startups at this time.
Top 10 Most Valuable Beauty Unicorns
Ruipeng Pet Healthcare operates a large network of pet hospitals offering both advanced medical treatments and professional grooming services. Their facilities serve as a one-stop shop for pet owners, providing a full spectrum of care from routine check-ups to complex surgeries.
| Valuation | $4B |
| Headquarters | Shenzhen, Guangdong, China |
| Year Founded | 2013 |
| Founders | Yonghe Peng |
| Funding Amount | $37M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Tencent, CICC, Fortune Venture Capital, Hillhouse Investment, OrbiMed |
Glossier develops a range of skincare and makeup products centered on a "skin first, makeup second" ethos. They pioneered a direct-to-consumer approach that fostered a powerful community through content and a distinct minimalist brand.
| Valuation | $2B (Joined March 2019) |
| Headquarters | New York, New York, United States |
| Year Founded | 2010 |
| Founders | Emily Weiss |
| Funding Amount | $266.4M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | BoxGroup, Spark Capital, Sequoia Capital, IVP, Index Ventures |
Purplle operates a comprehensive online marketplace for beauty and personal care products. Their platform offers a wide assortment of cosmetics, skincare, and wellness goods to customers across India.
| Valuation | $1.3B (Joined June 2022) |
| Headquarters | Mumbai, Maharashtra, India |
| Year Founded | 2012 |
| Founders | Manish Taneja, Rahul Dash |
| Funding Amount | $476.1M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | IvyCap Ventures, Goldman Sachs, Kedaara Capital, Peak XV Partners, Sequoia Capital |
The Good Glamm Group operates a content-to-commerce conglomerate focused on beauty and personal care brands. They acquire customers for their direct-to-consumer products by using a proprietary network of digital media companies and creator platforms.
| Valuation | $1.2B (Joined November 2021) |
| Headquarters | New Delhi, Delhi, India |
| Year Founded | 2015 |
| Founders | Naiyya Saggi |
| Funding Amount | $213.9M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Warburg Pincus, Bessemer Venture Partners, Accel, Amazon, Alteria Capital |
L&P Cosmetic creates cosmeceutical products through its globally recognized skincare brand, Mediheal. They are best known for an extensive line of sheet masks formulated to address specific skin concerns with dermatologically tested ingredients.
| Valuation | $1.19B (Joined January 2016) |
| Headquarters | Seoul, Seoul-t'ukpyolsi, South Korea |
| Year Founded | 2009 |
| Founders | Kwon Oh-sub |
| Funding Amount | ₩40B |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Credit Suisse, CDIB Capital |
Pharmapacks grew into a leading e-commerce partner for health and beauty brands selling on marketplaces. They developed a proprietary technology platform to manage everything from logistics and fulfillment to marketing and sales.
| Valuation | $1.1B (Joined November 2020) |
| Headquarters | Hauppauge, New York, United States |
| Year Founded | 2010 |
| Founders | Adam Berkowitz, Andrew Vagenas, Bradley Tramunti, Jonathan Webb |
| Funding Amount | $472.5M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | Reckitt, McKesson Ventures, JP Morgan Chase, The Carlyle Group, Sealed Air |
Vagaro builds business management software for salons, spas, and fitness studios to handle scheduling and payments. Their platform also serves as a marketplace for consumers to discover and book appointments for local beauty and wellness services.
| Valuation | $1B (Joined November 2021) |
| Headquarters | Dublin, California, United States |
| Year Founded | 2009 |
| Founders | Fred Helou |
| Funding Amount | $163M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | FTV Capital |
KKW Beauty launched a direct-to-consumer cosmetics brand that made professional makeup techniques accessible. The brand is best known for popularizing contouring with its signature kits and nude lipsticks.
| Valuation | $1B |
| Headquarters | Woodland Hills, California, United States |
| Year Founded | 2017 |
| Founders | Kim Kardashian |
| Funding Amount | $200M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Corporate Round |
| Top Investors | Coty |
Moody develops a brand of disposable colored contact lenses for the beauty and fashion market. They position their products as a cosmetic accessory, allowing users to change their eye color as a form of self-expression.
| Valuation | $1B |
| Headquarters | Shanghai, Shanghai, China |
| Year Founded | 2019 |
| Founders | Donghao (Herman) Lin, Ran Ci |
| Funding Amount | $215.2M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Kohlberg Kravis Roberts, Plum Ventures, Hillhouse Investment, Source Code Capital, Matrix Partners China |
GP Club manufactures and distributes a range of cosmetic products, including creams, lipsticks, and cleansers. They are best known for their global beauty brand, JMSOLUTION, which has achieved an international presence.
| Valuation | $1B |
| Headquarters | Seoul, Seoul-t'ukpyolsi, South Korea |
| Year Founded | 2003 |
| Founders | Jung-Woong Kim |
| Funding Amount | $67M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Undisclosed |
| Top Investors | Goldman Sachs |
The Remaining Beauty Unicorn
The top ten companies get most of the attention, but they don't tell the whole story. Another founder has also built a billion-dollar business in the beauty space.
Here’s a look at the final startup that makes up the 2026 list.
| Unicorn Startup | Country | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
 Haydon | China | 2020 | $100M | $1B |
