Skin Inc Supplement Bar, a leader in premium custom skin-tech products and devices, has announced a new round of investment from Singapore-based Mistletoe to boost its global expansion and tech-enabled custom innovations.
 
Both Mistletoe and Skin Inc have a common objective to form strong sustainable communities leveraging technology to improve lives. Mistletoe’s mission is to re-create a sustainable human-centric future using technology and provides beneficial investment opportunities to help create a collective community with big impact. Founded by Sabrina Tan, Skin Inc celebrates the uniqueness that makes you ‘you’ via a one-size-fits-me approach blending technology, data and skincare.
 
Skin Inc Supplement Bar’s latest round of funding brings the total funding to date from Mistletoe to $7 million. Skin Inc will use the new funding to continue reinventing the wellness and beauty industry with:
 

• Setting up of Skin Inc Cloud Data & AI Infrastructure: The funding will help Skin Inc set up the right data infrastructure to boost its product innovation pipeline and increase its ability to deliver customized products to the market. This will be achieved by continuing to leverage the power of over a million Skin ID Check profiles. The Skin ID Check is a proprietary science-based application to determine the necessary ingredients to address the specific skin needs of each person. Since its inception 12 years ago, Skin Inc has sent millions of customized serums to customers in more than 178 cities worldwide
• Product Innovation: The Skin ID check and other internal data sources, has provided valuable live data on what customers need, which has allowed the company to launch customized technology such as Optimizer Voyage Tri-Light++, Optimizer Voyage Tri-Light Glasses for Bright Eyes. In addition, the company has been able to launch five products in 2020 alone to specifically address consumers’ needs.
• Global Expansion: Skin Inc will continue to expand its ecommerce offering as well as further expand its omnichannel distribution worldwide
• Marketing: Skin Inc will continue to use its data to sharpen its customer experience and expand its personalized marketing initiatives worldwide

 
Head of Mistletoe Singapore Atsushi Taira commented, “We are broadly pursuing the future of people's wellbeing and wellness. Beauty powered with technology is one of our interests. Skin Inc has been creatively thriving in this direction since its inception and we find that Sabrina is a like-minded founder to work together to achieve our goals.”
 
“This investment is coming at the right time as Skin Inc continues to thrive globally and grow rapidly. The funds will be utilized for Skin Inc Cloud (Big Data, AI), e-commerce & omni-channel global expansion. It will also fuel the tech-led innovation that will set us apart and propel the beauty & wellness industry forward by bringing to life the brand promise of ‘customize, don’t compromise’ and providing ‘one-size-fits-me’ solutions,” added Sabrina Tan, founder & CEO of Skin Inc.
 
William Gaultier Joins Skin Inc as COO
 
In addition to the funding, Skin Inc has appointed William Gaultier as global chief commercial officer. Gaultier will be driving all global sales and marketing activities for the company and help Sabrina Tan deliver on the aggressive growth plans of the company. Gaultier brings more than 29 years in sales, and marketing experience.
 
Most recently, Gaultier was leading the ecommerce P&L and entire marketing organization at Sephora APAC & Oceania in 8 markets. Prior to that, he was leading branding, social media, government & media relations for Alibaba’s Southeast Asia ecommerce division, Lazada Group. Prior to that, he founded three companies with a global footprint.