Waldencast is a holding company and investment vehicle founded by former L'Oréal Group president Michel Brousset in 2019. It creates, acquires, accelerates, and scales next-generation beauty and wellness brands, with portfolio companies including Obagi Skincare and Milk Makeup. The firm went public on NASDAQ (WALD) following a SPAC business combination in 2022.
67% of their portfolio is in Consumer. Their most common stage is seed (50% of deals). Average disclosed round size is $15.2M (across 5 rounds with reported amounts).
Portfolio
4
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
Top Co-Investors
Unilever Ventures3 shared
Visible Ventures2 shared
GISEV2 shared
Alpha Edison2 shared
Inovia Capital1 shared
Information Venture Partners1 shared
Operator Stack1 shared
NextWorld Capital1 shared
Cherry Ventures1 shared
GISEV Family Office1 shared
Sonoma Brands Capital1 shared
Seeder Fund1 shared
Felix Capital1 shared
CASSIUS1 shared
FJ Labs1 shared
Precursor Ventures1 shared
Verlinvest1 shared
Last updated: 27 September 2026