Caldera + Lab, a premium skincare brand focused on providing clean and sustainable products for men, announced it has raised $6 million for its Series A funding round from HIPstr (the early-stage investment arm of HighPost Capital, a leading private investment firm focused on visionary companies at the forefront of consumer behavior and product, service, sports, media, and technology sectors).
Caldera + Lab plans to use the proceeds from Series A to accelerate growth, increase its market share and marketing efforts, fuel its retail expansion strategy, drive R&D, and add talent throughout the organization.
Founded in 2019 by Jared Pobre (an experienced entrepreneur who previously founded and scaled multiple startups), Caldera + Lab creates high-performance men’s skincare products by integrating innovative science, nature’s purest and most potent ingredients, and sustainable business practices. Caldera + Lab products include face serums, moisturizers, and cleansers that cater to modern men’s grooming needs.
Caldera + Lab is HIPstr’s seventh investment to date.
KEY QUOTES:
“For far too long, men’s premium skincare needs have been ignored or dismissed. Caldera + Lab was created with a simple goal, to help inspire people to be their best self without the hindrances of a complicated routine. We’re thrilled to partner with HIPstr, whose deep consumer expertise and industry relationships will enable us to deliver the best experience possible to our customers and further invest in our business.”
-Jared Pobre, Founder and CEO of Caldera + Lab
“Caldera + Lab has all the characteristics of a young consumer company in which HIPstr seeks to invest – an established brand in an industry with attractive growth characteristics and long-term tailwinds, and a hungry entrepreneurial leader. In just a few short years, Caldera + Lab has broken through to become one of the fastest growing digitally native skincare brands catering to men with a line of innovative, scientifically-crafted products that delivers clinically-verified results and a commitment to sustainable and ethical sourcing and business practices. We look forward to partnering with Jared and his impressive team to support the company’s growth objectives.”
-David Moross, Chairman and Chief Executive Officer of HighPost
