Feeligreen SA

Feeligreen SA is a French company that develops innovative devices to enhance the absorption of active ingredients through the skin. Their proprietary iontophoresis technology offers advanced solutions for cosmetics, healthcare, and sports applications. Founded in 2012 in France, Feeligreen SA specializes in the development of devices that improve the skin's permeability to active ingredients. The company has not undergone any significant pivots or changes in business strategy since inception.

Feeligreen operates globally with its headquarters located in France. The company was co-founded by Kaori Ikeda, who has a history of entrepreneurial ventures in related fields. In August 2017, Feeligreen raised EUR 3. 40 million in a funding round led by Innovacom, with participation from Cemag Invest and SEB Alliance.

This funding brought the total amount raised to EUR 3. 40 million, with a current company valuation of EUR 7. 22 million. Feeligreen specializes in innovative devices that enhance the absorption of active ingredients through the skin barrier, primarily through their proprietary iontophoresis technology.

This technology utilizes micro-currents combined with specifically selected ionizable active ingredients, improving skin permeability. The company's offerings cater to various sectors including cosmetics, sports, and healthcare, targeting diverse pathologies and enhancing treatment efficacy. Their products are designed for a wide range of users, including cosmetic brands, healthcare providers, and athletes seeking advanced skin therapy solutions. Feeligreen markets its products across Europe and North America, where demand for enhanced skincare and therapeutic technologies is growing.

In the most recent financial year of 2018, Feeligreen reported revenue of EUR 63,212, with an EBITDA loss of EUR 1,696,012. The company generates revenue through direct sales of its patented devices and technologies to B2B clients, including partnerships with cosmetic manufacturers and healthcare providers. Their pricing structure is based on the complexity of their devices and the specific applications, with flagship products commanding premium pricing. Ongoing collaborations and potential subscriptions for product support contribute to their revenue model, ensuring sustained engagement with clients.

Feeligreen plans to leverage its recent funding of EUR 3. 40 million to explore new product designs and expand into emerging markets. The company aims to introduce new devices that further enhance its iontophoresis technology. Specific markets targeted for expansion include Asia and Latin America by 2025.

This strategic growth will be supported by the funding received in August 2017, allowing for increased research and development initiatives.