naturium
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The Beauty Lab That Builds Brands, Then Lets Them Go
Ben Bennett's West Hollywood accelerator spots gaps on the shelf, hands them to founders with real equity, and points each new brand toward an exit - Naturium sold to e.l.f. Beauty for $355 million.
e.l.f. Beauty
e.l.f. Beauty is an Oakland-based, publicly traded cosmetics company (NYSE: ELF) built on a simple disruptive idea: prestige-quality makeup and skincare that almost everyone can afford. Founded in 2004 as e.l.f. (Eyes Lips Face) and reshaped under CEO Tarang Amin since 2014, it has grown into a multi-brand house spanning e.l.f. Cosmetics, e.l.f. SKIN, Well People, Keys Soulcare, Naturium, and Hailey Bieber's rhode. Every product is vegan and cruelty-free, most cost under $20, and the company has become a case study in social-first, community-driven brand building.