Peace Out Skincare has received a $20 million investment from 5th Century Partners, which will be used to fund expansion domestically and internationally, roll out new products, ramp up operations and marketing spending, and makes key hires.
This marks Peace Out Skincare's first outside investment.
Catie Bennett, managing director at 5th Century Partners, said, "Our collaboration with Peace Out is driven by our shared passion to create positive impact for communities as well as Peace Out's emphasis on inclusion, which aligns with 5th Century Partners' belief that diversity is a core tenant of financial success. Peace Out is a rapidly growing business that delivers superior products, and we look forward to partnering with the team to expand on the incredible momentum they have built over the last five years."