Cocunat has raised $6.0M in total across 1 funding round.
Cocunat's investors include Conexo Ventures, Cusp Capital Partners, Pareto Holdings, Thomson Reuters Ventures, Michael Benabou.
Cocunat is not a technology company—it is a cosmetics and beauty brand that specializes in toxic-free, vegan, and sustainable skincare and haircare products[1][3].
Cocunat is a premium cosmetics brand founded in 2013 and based in Barcelona, Spain[1]. The company manufactures and sells skincare, haircare, and makeup products designed to eliminate harmful substances while delivering clinical results. Rather than following beauty trends, Cocunat positions itself as a science-driven brand that combines aesthetic medicine principles with cosmetic formulations, supported by independent clinical testing and dermatologist endorsement[3]. The company has grown significantly—its sales reached €32 million in 2020, representing an eightfold increase during the pandemic period, supported by backing from the Spanish investment fund Cabiedes & Partners[1].
Cocunat serves consumers seeking effective, safe beauty solutions without toxic ingredients. The brand has built substantial market presence with over 300,000 Instagram followers and operates as an e-commerce-focused business[2]. With 81 employees and reported revenue under $5 million (though this figure appears outdated given the €32 million 2020 sales figure), the company is currently in Series B funding stage with $850K raised[1][2].
Cocunat emerged during a period of growing consumer demand for clean beauty and transparency in cosmetics. The brand capitalized on pandemic-driven e-commerce adoption and the shift toward ingredient consciousness among consumers. By emphasizing clinical validation and removing toxic substances, Cocunat positioned itself within the broader "clean beauty" movement while differentiating through scientific rigor rather than wellness marketing alone. The company's growth trajectory reflects broader market trends favoring sustainable, transparent, and efficacy-driven beauty brands over traditional cosmetics.
Cocunat's trajectory suggests a maturing beauty brand transitioning from growth-stage startup to established player in the premium clean cosmetics segment. The company's focus on clinical validation and dermatologist partnerships positions it well in an increasingly competitive clean beauty market where consumers demand proof of efficacy. Future growth likely depends on international expansion beyond Spain, scaling e-commerce operations, and maintaining the scientific credibility that differentiates it from competitors. The brand's emphasis on "ageless beauty" and longevity science aligns with emerging consumer interests in preventative skincare and evidence-based beauty solutions.
Cocunat has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in February 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2021 | $6.0M Seed | Conexo Ventures, Cusp Capital Partners, Pareto Holdings, Thomson Reuters Ventures, Michael Benabou |
