LICO Cosmetics

licocosmetics.com ↗ ·Sevilla ·Seed

LICO Cosmetics (from "Laboratorio de Ingeniería Cosmética") is a Seville-based, digital-native D2C skincare brand that formulates, manufactures and sells its own engineered cosmetic treatments — facial, body and hair care — exclusively through its e-commerce site. Founded and led by chemical engineer Estefanía Ferrer, a former Airbus materials-quality manager who went full-time on the business in 2020, it built an in-house R&D team of women engineers and grew 450% in 2022 before raising its first external round of €1M from Bewater Funds in July 2023 (Bewater took ~15%); it also passed through Juan Roig's Lanzadera accelerator. Reported revenue grew from ~€2M (2022) to ~€6M (2023), with roughly 40-45 employees and international expansion starting in Portugal.

Founded
2017
Founders
2
Total funds raised
€1M
Rounds
1
Investors
2
Last round
Jul 2023
SectorsConsumer, Beauty & Cosmetics, D2C, E-commerce Start-up MapConsumer › D2C beauty & wellness brands

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Founders

Estefanía Ferrer Puertas
Founder & CEO
Juan Sabaté Garrachón
Partner / Operations (joined 2021, co-owner with the founder)

Global models 4

Glossier
United States · www.glossier.com ↗
Digital-native beauty brand that grew by selling its own skincare mainly through its own e-commerce site, like LICO.
$266MComparable
Function of Beauty
Sells its own formulated hair, skin and body care straight to consumers online, the same D2C model as LICO's facial, body and hair lines.
$150MComparable
Mamaearth
Digital-first brand that formulates and sells its own skin, body and hair care, built mainly on its own online store.
$110MComparable
Beauty Pie
United Kingdom · www.beautypie.com ↗
Sells its own-label, lab-formulated skincare only through its own website, a vertically integrated D2C model close to LICO's.
$100MComparable

In the same niche 14 others

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Notes: Most funded first

Investors 2

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Funding rounds 1

·1 not counted
DateRoundAmountLead
Not counted (1)

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