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Essence Ventures LLC

Essence Ventures LLC

  • New York, New York, United States

  • New York, New York

Stage

  • Early Stage, Seed

Type

  • Venture Capital

Description

Essence Ventures is an independent African-American owned company that focuses on merging content, community, and commerce to meet the evolving cultural and lifestyle needs of women of color. The company began in 2017 and is chaired by its founder – entrepreneur, investor and philanthropist Richelieu Dennis.

Mission

The mission of Essence Ventures is to merge content, community, and commerce to address the evolving cultural and lifestyle needs of women of color.

Beauty Investments #

  • 1

Primary Sector

  • Beauty

Beauty Exits #

  • 0

Last Beauty Invest

  • Nov, 2018-Mayvenn -$76M

BEAUTY PORTFOLIO

How to Apply?

esscustserv@cdsfulfillment.com

Criteria
Resources Breakdown Funding Terms
  • $1.8M to $6M

Education
  • Yes
Accelerator
  • Type-Off-Site
  • Duration-Yes
Network
  • 2
1:1
  • Yes

IMPERATIVE: CULTURE & VALUES

TBD

TBD

TBD

TBD

TBD

TBD

BEAUTY FUNDER FIT SCORE

Resources

Education

Accelerator

Network

1:1

3.85/10

*This score calculates the likelihood of any beauty brand getting funded by the investor. The score gives weights to number of beauty investments, recency of beauty investment, number of beauty exits, inclusivity inclination, resources offered, etc.

Inclusivity Investments %
  • 100%
Beauty Investments #
  • 1

Beauty Exits #
  • 0
Last Beauty Invest
  • Nov, 2018-Mayvenn -$76M

LEAD DETAILS

Lead Contact

Caroline Wanga

Title

CEO

Twitter Handle

Essence Ventures LLC

Contact

essence@wrightsmedia.com

1(682)278-9000

JUMP CONCLUSION

Essence Ventures LLC’s acquisition of Refinery29 signifies strategic expansion and growth, enhancing its portfolio and market influence. This move likely aims to leverage Refinery29’s assets and audience to strengthen Essence Ventures’ position in the market, reflecting a proactive strategy for enhancing its media and digital presence.

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