Dcypher
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Dcypher - overview
Established
2015
Location
-, -, UK
Primary Industry
Consumer Products
About
Dcypher is a UK-based cosmetics company that specializes in personalized makeup solutions, utilizing AI technology to offer tailored products, including foundations and concealers that match individual skin tones. Founded in 2015 in the United Kingdom, Dcypher focuses on creating custom cosmetic products designed to meet the unique needs of consumers. The company has not reported any significant pivots in strategy or operations. Dcypher was recently acquired by Aurea Group in December 2022, with financial terms undisclosed.
DCYPHER Cosmetics specializes in personalized cosmetic products, with their core offerings centered around custom foundations, concealers, and drops. Each product is meticulously crafted to match an individual’s unique skin tone, type, and style, employing AI-powered technology to eliminate the guesswork often associated with finding the right makeup shade. The company's flagship product, My Custom Foundation, is available in various sizes, including 30ml, 15ml, and 8ml formats, catering to a diverse clientele that includes over 100,000 customers globally. The products are vegan, cruelty-free, non-comedogenic, and fragrance-free, targeting consumers who prioritize ethical and high-quality beauty solutions.
DCYPHER operates in multiple international markets, ensuring free global delivery, thus broadening its reach beyond its country of origin. DCYPHER Cosmetics generates revenue through direct-to-consumer sales facilitated via their online platform. Customers can purchase individual products or opt for bundled sets, which provide discounts on grouped purchases. For example, the Hero Set, which includes a foundation and concealer, is priced at USD 97, while the Ultimate Set, comprising foundations, drops, concealers, and brushes, is available for USD 185.
The pricing structure encourages consumers to consolidate their purchases, enhancing the overall transaction value. The company’s innovative approach to customization and commitment to quality fosters strong customer loyalty, which is reflected in their high ratings and positive customer reviews. This focus on personalized products and a seamless shopping experience positions DCYPHER as a compelling choice within the cosmetics market. Dcypher plans to expand its product line with new offerings, including innovative makeup solutions, set to launch in 2023.
The company also aims to penetrate new markets, particularly in North America and Asia, by the end of 2024. The recent acquisition by Aurea Group will support these initiatives by providing additional resources for product development and market entry.
Current Investors
Aurea Group
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene, Internet
Website
www.dcypher.me
Verticals
E-commerce, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Dcypher - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Dcypher | - |
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