Hero Cosmetics
Offers customizable acne toolkits to handle any pimple challenge.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | $15.4m | Late VC | |
| Total Funding | 000k | ||
Hero Cosmetics has established a significant presence in the skincare market, specifically within the acne treatment segment, through its targeted, hydrocolloid-based products. The company was co-founded in 2017 by Ju Rhyu, Dwight Lee, and Andrew Lee. Rhyu's personal experience with acne and her discovery of hydrocolloid patches while living in Korea as an expatriate served as the primary catalyst for the business. Recognizing a gap in the U.S. market for this type of gentle and effective blemish treatment, she leveraged her background from Kraft and Johnson & Johnson to launch the brand.
The company's flagship product is the Mighty Patch, a hydrocolloid sticker that absorbs pus and fluid from pimples, creating a moist environment to accelerate healing while protecting the blemish from external bacteria and picking. This core product line has expanded to include various shapes and sizes, such as 'Invisible+' for daytime use and 'Surface' for larger breakout areas. The business operates on a direct-to-consumer and retail model, initially launching on Amazon before expanding into major retailers like Target, Ulta, and CVS. This multi-channel strategy targets a broad consumer base, primarily millennials and Gen Z, who are seeking non-irritating and effective skincare solutions.
Hero Cosmetics' revenue is generated through the sale of its expanding product portfolio, which now includes post-blemish recovery creams, dark spot treatments, and daily skincare items like cleansers and toners under the brand extensions Rescue Balm, Lightning Wand, and Force Shield. The company's growth trajectory culminated in its acquisition by Church & Dwight, a major consumer goods company, in 2022 for $630 million. This acquisition underscores the brand's successful market penetration and validation of its product-focused strategy. Ju Rhyu has continued to lead the brand post-acquisition, maintaining its foundational ethos of creating gentle yet powerful skincare solutions.
Keywords: acne care, hydrocolloid patch, skincare, direct-to-consumer, retail beauty, blemish treatment, consumer goods, beauty brand, Mighty Patch, cosmetic dermatology