DRA Family Office recently announced that it has closed a seed funding round with Nicole Bryl Skincare, which is an early-stage cosmetics venture founded by Nicole Bryl, a former celebrity makeup artist – who is bringing her proprietary formulations to the public for the first time.
With more than ten years of experience in financial services, DRA Partner Rose Vitale has flipped conventional wisdom about investing in women-owned businesses. For example, she built the largest network of Cricket Wireless stores in California’s Central Valley before establishing herself in the male-dominated family office space. She anticipates utilizing some of her hard-earned skills in scaling up businesses to help Nicole Bryl Skincare achieve growth.
Bryl started her professional career as a makeup artist working with woman at the age of 14. And over the proceeding 38 years, much of her time has been spent supporting outstanding, powerful woman and their dreams, wishes, and hopes in a broad range of philanthropic capacities. Her clientele includes some of the most famous women in the world.
Nicole Bryl Skincare launched at the high end of the skincare market. And tThe company plans to expand into the consumer segment as it grows.
KEY QUOTES:
“Nicole really stood out to us as a founder. Her venture combines the potential for brand differentiation and breakout growth in a large, but very competitive market. We’re excited to be partnering with Nicole Bryl Skincare for success.”
– DRA Partner Rose Vitale
“I came to realize pretty quickly that Rose Vitale’s mission and mine were 100% aligned. Her mission is to empower woman by shifting and changing the flow of capital to woman-founded businesses, since typically 98% of the time those funds are allocated directly to men. Rose’s vision is that, as woman, we are our greatest assets to each other—and if we keep generating the flow of one woman uplifting and supporting another woman through business, entire ecosystems will begin to flourish.”
– Nicole Bryl
