Adigica Health, Inc.
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Adigica Health, Inc. - overview
Established
2016
Location
San Diego, CA-California, US
Primary Industry
Consumer Products
About
Adigica Health, Inc. is a company specializing in plant-based, vegan skincare products aimed at addressing skin concerns. It offers innovative solutions for users seeking healthier skin through its range of effective, natural products. Adigica Health, Inc.
focuses on the skincare sector, providing plant-based products for skin health. Founded in 2016 in San Diego, US, the company has completed one deal, raising USD 13 mn in a funding round on May 15, 2019, led by Prolog Ventures. bioClarity specializes in plant-based, vegan skincare products designed to address various skin concerns such as acne, hydration, and overall skin health. The company's core offerings include a range of cleansers, treatments, and hydrating products, such as the Clear Skin Acne Routine and Essentials Routine.
These products utilize innovative natural ingredients, including their proprietary Floralux, aimed at providing effective yet gentle solutions for users seeking clearer, glowing skin. Targeted towards a diverse clientele, including teenagers and adults facing skin challenges, bioClarity’s products are marketed primarily in the United States, with a growing presence in international markets focused on clean beauty solutions. bioClarity generates revenue through a direct-to-consumer model, characterized by subscription-based services and one-time purchases from its online platform. Customers have the option to subscribe for regular deliveries, ensuring they receive essential products without interruption.
The pricing structure for bioClarity's products ranges from individual items to bundled routines, with flagship offerings such as the Clear Skin Acne Routine priced at USD 39. 95, emphasizing value on skin health. The company's commitment to vegan and cruelty-free products resonates with a growing consumer base seeking ethical and effective skincare solutions. Revenue streams are bolstered by customer loyalty initiatives, which encourage repeat purchases through promotional offers such as discounts on first orders and flexible subscription management.
The recent funding round raised on May 15, 2019, totaling USD 13 mn led by Prolog Ventures, will support Adigica Health's initiatives for future growth. Plans include expanding its product line with new skincare offerings aimed at specific skin issues, along with targeted expansion into international markets by 2024. The company aims to enhance its online presence and customer engagement strategies to drive sales and brand recognition.
Current Investors
Prolog Ventures
Primary Industry
Consumer Products
Sub Industries
Consumer Products
Website
www.bioclarity.com
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Adigica Health, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Adigica Health, Inc. | - |
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Adigica Health, Inc. - employee data
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