×

Vaultier7, a new fund devoted to beauty start-ups

Translated by
Nicola Mira
Published
today Sep 22, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Vaultier7 (V7) is a new investment fund focusing on start-up companies in the cosmetics, wellness and lifestyle sectors. The London-based fund is backed by a number of investors, amongst them the Puig family (also in charge of the eponymous cosmetics group).


Anna Sweeting and Montse Suárez head the Vaultier7 investment fund - DR


Vaultier7 is managed by Montse Suárez and Anna Sweeting, and by the end of the year it plans to acquire equity in four companies. The new fund is targeting start-ups with a proven revenue of between GBP3 and GBP15 million (€3.7 to €16.6 million), that are doing business in the UK and the rest of Europe and seek funding worth between GBP2 and GBP10 million. In other words, companies that are dynamic, innovative - especially in the digital domain - and are capable of winning market share from the industry's giants.

"The companies in which we are investing play an increasingly important role in the daily lives of consumers, whose desire to live in a healthy, holistic and proactive way keeps on growing," said Montse Suárez, who has notably worked for US investment bank Morgan Stanley. As for Anna Sweeting, she was the CEO of British bespoke furniture and interior decoration company Linley and of the Beulah London fashion label.

Copyright © 2020 FashionNetwork.com All rights reserved.