The luxe skin care brand also revealed new hires, and former Sephora CEO Martin Brok joined its advisory board.
Luxe oxygenated skin care brand Element Eight has closed a $6 million funding round and announced a slew of new appointments, including former Sephora chief executive Martin Brok as a board member.
“With 45 percent of the round coming from surgeons, dermatologists, and PhD scientists, we have a strong validation of the scientific acumen of the brand. We were very pleased to also have participation from private family offices with experience in beauty investing, who accounted for 34 percent of the round,” said chairman and cofounder Bradley Patt. He added that it will proceed onto a new $6.25 million series A round to continue to accelerate the growth of the skin care products.
Since then, the brand has expanded to seven stock keeping units, including O2 Niacinamide Eight Active Serum and O2 Caffeine Eye Cream. As well as its own website, it’s also sold in Bergdorf Goodman and Neiman Marcus. At the same time, Brok joined the company’s Business Advisory Board and will participate in the series A financing.
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