Cocunat

cocunat.com ↗ ·Barcelona ·Series A

Cocunat is a Barcelona-based cosmetics brand that develops and sells toxic-free, vegan and sustainable skincare, haircare and makeup products formulated to deliver results comparable to aesthetic treatments. The company started as a direct-to-consumer e-commerce brand and has since moved to a multichannel model, selling in its own stores in Spain and through beauty retailers such as Druni and Perfumería Júlia. International markets such as Italy, Germany, Mexico, the United States, France and the United Kingdom generate a majority of its sales. Cocunat was founded in 2013 by Sara Werner and Ignasi Faus and reported revenue of about €32 million in 2020. Its first funding came in 2014 from business angels and Cabiedes & Partners. In February 2024 it raised a €6 million round from family offices and venture investors that included CDTI's Innvierte and Grupo Álea, to fund international expansion and a plan for up to twenty own stores by 2027.

Founded
2013
Founders
2
Total funds raised
€9.4M
Rounds
6
Investors
9
Last round
Jun 2025
SectorsConsumer, Beauty & Cosmetics, E-commerce, D2C Start-up MapConsumer › D2C beauty & wellness brands

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Founders

Ignasi Faus
Co-founder
Sara Werner
Co-founder & CEO

Global models 5

The Honest Company
United States · www.honest.com ↗
A clean, non-toxic beauty and personal-care brand that began selling direct to consumers online and later grew into a multichannel business sold through big retailers, much like Cocunat's move from DTC to beauty chains.
$500MComparable
Glossier
United States · www.glossier.com ↗
A digitally native skincare and makeup brand that started as DTC e-commerce and moved to its own flagship stores plus wholesale through Sephora, the same path Cocunat took into its own stores and Druni/Júlia.
$266MComparable
Function of Beauty
A vegan, cruelty-free haircare and skincare brand that built itself on DTC e-commerce and then expanded into mass retail, matching Cocunat's vegan formulation and DTC-to-retail model.
$150MComparable
Honasa Consumer
A 'toxin-free' skincare and haircare brand that started online direct to consumers and scaled into omnichannel distribution across retail and marketplaces, closely mirroring Cocunat's toxic-free positioning and channel mix.
$110MComparable
SUGAR Cosmetics
A cruelty-free makeup and skincare brand that grew from DTC e-commerce into its own branded stores and third-party beauty retailers, matching Cocunat's multichannel model.
$85MComparable

In the same niche 14 others

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Notes: Most funded first

Investors 9

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Cabiedes & Partners
www.cabiedesandpartners.com
3 rounds, led 2 · 2014–24 Spain
Centro para el Desarrollo Tecnológico y la Innovación
cdti.es
Round 2025 Spain
IESE Business Angels Network
www.iese.edu/entrepreneurship/iese-business-angels-network
Seed 2014 Spain
PDG Invest
Led Seed 2015 Spain
Elena Gómez de Pozuelo
Pre-seed 2014 Spain
Grupo Álea
Round 2025 Spain
Guillermo Gaspart
Pre-seed 2014 Spain
Juanjo Azcárate
Pre-seed 2014 Spain
Meridia Capital
Investor Spain

Funding rounds 6

DateRoundAmountLead
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