Goodiebox

Goodiebox

Subscription seller of cosmetics and beauty products.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

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€0.0

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Secondary
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2018201920202021202220232024
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Goodiebox
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Goodiebox operates as a direct-to-consumer company in the European beauty-tech market, centered around a monthly subscription service. It was founded in Copenhagen in 2012 by long-time friends Rasmus Schmiegelow and Nikolaj Leonhard-Hjorth. The founders identified an opportunity in the beauty and cosmetics sector, which they saw as being controlled by a few legacy players with a small digital sales footprint at the time. Nikolaj Leonhard-Hjorth brought entrepreneurial experience from co-founding a successful communication agency and a baby care company, focusing on brand building and customer experience.

The company's core business revolves around a monthly curated box containing 5-7 beauty products. This model serves as a marketing and relationship-building channel for both large international and smaller niche beauty brands, allowing them to connect directly with a targeted consumer base. Revenue is generated primarily through these monthly subscriptions. For consumers, the service provides a 'try before you buy' experience, which is not typically possible with online cosmetic sales. The company has expanded its operations from Denmark to several other European countries, including the Netherlands, Norway, Belgium, Germany, and others.

Goodiebox leverages data to enhance its service. The company gathers feedback from its members, analyzing product ratings and purchasing behavior to predict which products individual members will prefer. This data-driven approach to personalization is a key aspect of its strategy. Building on these member insights, Goodiebox has also ventured into product development, launching its own community-developed cosmetics and skincare brand, Comme Deux. This "Direct-with-Consumer" (DwC) model utilizes the extensive feedback from its community to create products tailored to their preferences. The company has secured significant funding to fuel its European expansion, having raised over $23 million across several funding rounds with investors like The Danish Growth Fund and InQvation.

Keywords: beauty subscription box, cosmetics, skincare, direct-to-consumer, e-commerce, beauty-tech, European startups, personalization, subscription model, data-driven marketing, community-developed products, Copenhagen, Rasmus Schmiegelow, Nikolaj Leonhard-Hjorth, Comme Deux, member feedback, product discovery, beauty sampling, online retail, customer data platform

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