After raising over $3M, popular VC-backed beauty brand Ami Colé is shuttering

After raising over $3M, popular VC-backed beauty brand Ami Colé is shuttering


A popular beauty brand known for its inclusive makeup products announced it will cease operations this fall. The company, which focused on creating cosmetics for deeper skin tones, gained rapid traction after its 2021 launch through major retail partnerships and celebrity endorsements but ultimately faced unsustainable market pressures.

Founded by an entrepreneur who became one of the few Black women to secure over $1 million in venture funding, the brand raised more than $3 million from notable investors. Despite initial success in national retailers and a dedicated customer base, challenges emerged around scaling operations while maintaining product quality and meeting investor expectations.

The founder recently revealed tensions between creative vision and financial demands, stating: “The pressure to prioritize rapid growth over sustainable practices created an impossible balancing act.” Market realities proved harsh for the niche brand, which struggled with inconsistent sales patterns and competition from established beauty conglomerates with greater resources for marketing and distribution.

This closure occurs amid a significant decline in venture funding for Black-founded startups and broader industry shifts away from diversity-focused initiatives. The founder emphasized the challenges of operating in a market where initial enthusiasm for inclusive brands often clashes with traditional retail economics and changing investor priorities.

In a reflective farewell message, the creator acknowledged the difficult decision while expressing optimism about future endeavors: “Our journey highlighted both the demand for authentic representation in beauty and the systemic hurdles facing mission-driven companies. While this chapter ends, the movement for inclusivity continues.”

Industry observers note this case illustrates the complex realities facing minority-led startups that achieve early success during social awareness peaks but must then navigate long-term viability in fluctuating market conditions. The brand’s legacy includes advancing conversations about representation in cosmetics while underscoring the need for more supportive infrastructure for diverse entrepreneurs.


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