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Topicals

Santa Monica, US · Founded 2018 · 11 known investors

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Topicals develops skincare products formulated with particular attention to efficacy on deeper skin tones, using clinically-backed ingredients in concentrated formulas. The company serves consumers seeking dermatologically-tested skincare solutions at accessible price points.

Also known as Topicals

Founders & leadership

Topicals was founded in 2018 by Olamide Olowe.

OO
Olamide OloweinFounderOlamide Olowe previously co-founded SheaGIRL, a skincare brand acquired by Unilever through Sundial Brands. She is the founder and CEO of Topicals, which develops skincare products formulated for deeper skin tones using clinically-backed ingredients.30 Under 30 2022

Board

JJ
Jenna JacksonBoard director
CSCaitlin Strandberg
Caitlin Strandbergin𝕏Board directorVenture Partner at Red Swan Ventures

Investors · 11

Also in the syndicate · 4

Bozoma Saint JohnHannah BronfmanIssa RaeYvonne Orji

Reported raises · per SEC filings

Form D private placements

$20M disclosed across 2 of 3 rounds · 2020–2024

$10MraisedMar 2024 · 1 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Jenna JacksonDirector
  • Caitlin StrandbergDirector
  • Olamide OloweExecutive Officer, Director
Offering amount
$10M
Amount sold
$10M
First sale
Feb 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedJan 2023 · 2 investors · Retailing
Rule 506(b)
Officers, directors & promoters on the filing
  • Jenna JacksonDirector
  • Caitlin StrandbergDirector
  • Olamide OloweExecutive Officer, Director
Offering amount
$12M
Amount sold
$10M
First sale
Oct 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Topicals is a skincare company that develops treatments for chronic skin conditions such as eczema, hyperpigmentation, acne and folliculitis. The brand positions its products as clinical-grade but accessibly priced multi-tasking formulas intended to shorten skincare routines, and states that every ingredient is supported by third-party, peer-reviewed research. Products are vegan and cruelty-free, and packaging includes recyclable formats such as aluminum tubes.

The catalog spans face, body and lip categories, including the Faded brightening and clearing serum line for dark spots and discoloration, Faded under-eye masks and dark spot patches, Faded brightening cleansing bars, Faded Dark Spot Peel Pads, Like Butter moisturizer for dry and eczema-prone skin, Slather exfoliating body serum and bars, High Roller ingrown tonic, Clearly acne mist and blemish mask, Sealed active primer, Slick Salve lip balms, plus accessories (drying dish, body buffer, tube key, travel soap tin), bundles, gift cards and branded apparel. Listed prices generally range from roughly $6 for accessories to $16-$38 for individual skincare items, with routines and bundles priced up to about $100.

A central positioning claim is inverted formulation: where the company says most brands formulate against the Fitzpatrick scale from 1 to 6, Topicals formulates from 6 to 1, testing on the deepest skin tones first. Its founders have also cited avoidance of ingredients such as hydroquinone, which they describe as potentially damaging to darker skin, and the company pairs its products with mental health advocacy, donating a percentage of proceeds to organizations including Therapy for Black Girls.

Founding story

Co-founder and CEO Olamide Olowe grew up with hyperpigmentation and post-barbae folliculitis and encountered dermatologists who said they did not know how to treat her darker skin. While at UCLA on a track scholarship she co-founded SheaGIRL, a younger-sister line to SheaMoisture, with Rechelle Dennis; parent company Sundial Brands was acquired by Unilever in 2017. After graduating in 2018 she began building Topicals. She met co-founder Claudia Teng, who had severe eczema as a child and worked as a dermatology clinical research assistant in high school and later in clinical research at Stanford's Department of Dermatology, where Teng observed a lack of Black patient enrollment in trials. In fall 2019 both abandoned plans to apply to medical school to build a skincare line for people of varying skin tones and conditions. Teng became chief product officer, developing and testing formulas with a team of experts including the head of pediatric dermatology at Stanford.

Business model

Consumer packaged goods brand selling skincare products directly through its own e-commerce site and through retail partners, with a subscription option offering 15% off the first three orders and free shipping on orders over $50.

Product sales of skincare items, bundles, accessories, apparel and gift cards at price points from about $6 to $100, sold direct-to-consumer online, via subscription, and through retailers including Nordstrom and Sephora.

Traction

Raised $2.6 million ahead of its August 2020 launch, which took place online and in select Nordstrom stores. Company-cited press states revenues increased threefold in 2021 and that one product was sold every minute in 2022, and describes Topicals as the fastest-growing skincare brand at Sephora.

Latest developments

The company's most recent product introduction is the Faded Dark Spot Peel Pads, described as its most intensive clinical-strength exfoliating treatment, priced at $20, alongside a Travel Cleansing Bar Set and a Limited Edition Birthday Set.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Entered a U.S. skincare market in which consumers spent $5.9 billion in 2019, within a $18.8 billion U.S. prestige beauty industry, positioning itself as an inclusivity-driven challenger comparable to what Fenty Beauty did for cosmetics. The company's site cites press describing it as the fastest-growing skincare brand at Sephora.

Formulation and testing prioritized for the deepest skin tones first, consolidation of multiple actives into fewer steps, clinical-grade efficacy at lower price points, colorful non-clinical packaging that reframes treatment as self-care rather than correction, and mental health advocacy tied to chronic skin conditions.

Technology

Multi-ingredient formulations combining several active ingredients into single products, using actives such as AHAs, BHAs, retinol, hyaluronic acid and rice bran wax; formulas are clinically tested and validated first on the deepest skin tones (Fitzpatrick 6 to 1), with ingredient selection tied to third-party peer-reviewed research and avoidance of hydroquinone.

Go-to-market

Direct-to-consumer e-commerce combined with retail distribution (launch in select Nordstrom stores; later presence at Sephora), social-first marketing on TikTok and Instagram, distinctive packaging, influencer and celebrity campaigns, and mental health advocacy including donations to nonprofit organizations. The company has said more than 50% of launch revenue came through a single channel.

Consumers with chronic or stigmatized skin conditions including eczema, hyperpigmentation, acne, ingrowns and keratosis pilaris; the brand emphasizes deeper skin tones and skews toward Gen Z buyers reached through social platforms.

Geography

United States-focused operations, with the founders originally working between Los Angeles and Palo Alto before relocating together to Los Angeles in 2020; the website serves a U.S. storefront.

History

Olowe began raising money for Topicals roughly two years before its launch. The brand's 2020 debut was delayed twice, first in March 2020 when the COVID-19 pandemic disrupted its supply chain, and again following the uprisings after the police killing of George Floyd in May 2020. Topicals launched on August 7, 2020, online and in select Nordstrom stores, having raised $2.6 million by that point. The company's own press citation describes it as the fastest-growing skincare brand at Sephora, with revenue tripling in 2021 and one product sold every minute in 2022.

Risks & controversies

The founders have highlighted safety and cultural concerns with skin-lightening ingredients such as hydroquinone, which they say can cause permanent skin cell death in severe cases and perpetuates harmful beauty ideals; the company's 2020 launch was twice delayed by pandemic-driven supply chain disruption and social unrest. Many products on the site are shown as out of stock with restock notifications.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Funding raised as of launchAug 2020$2.6M
US prestige beauty industry sales (market size)Jan 2019$18.8B
US skincare consumer spending (market size)Jan 2019$5.9B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
Allure1779 shared keywordsAllure is a beauty journalism publication that provides product reviews, trend reporting, and expert guidance on makeup, hair, skincare, and wellness. The publication serves beauty consumers and industry professionals through its website, social channels, and subscription service.
Ulta Salon Cosmetics Fragrance1587 shared keywordsUlta Beauty is an international specialty beauty retailer offering cosmetics, fragrance, skin care, wellness, hair care products, and salon services from over 600 brands across more than 1,500 locations primarily in the U.S., with additional operations in the U.K., Ireland, Mexico, and the Middle East.
Elle902 shared keywordsHearst Magazines operates a portfolio of fashion, lifestyle, food, home, health, and wellness media brands. The company offers advertising solutions across digital, social, video, print, OTT, and experiential platforms.
Shopmy869 shared keywordsShopMy operates a creator commerce platform linking premium brands, curators and shoppers via storefronts and affiliate tools.
Womenshealthmag865 shared keywordsWomen's Health is a media brand publishing articles, guides, podcasts, and video series on fitness, nutrition, beauty, and health topics aimed at women. It also offers subscription-based (WH+) workout and nutrition plans covering strength training, muscle building, and longevity.
Dermstore798 shared keywordsDermstore is an online retailer selling skincare, hair care, makeup, fragrance, sunscreen, and beauty tools from a wide range of brands directly to consumers. It offers subscription beauty boxes, HSA/FSA-eligible products, gift cards, and expert consultation services.

Companies competing with Topicals for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Jan 2025
Faded Dark Spot Peel Pads released

Exfoliating peel pads described as the brand's most intensive clinical-strength treatment, listed at $20.

$20 source ↗

Aug 2020
Topicals brand launch online and in select Nordstrom stores

The brand officially debuted on August 7, 2020, selling online and in select Nordstrom locations after two delays to its 2020 launch plans.

source ↗

Aug 2020
Topicals says it has secured $2.6 million in funding

Ahead of its launch, Topicals said it had raised $2.6 million from investors including Netflix CMO Bozoma Saint John, entrepreneur and DJ Hannah Bronfman, and actors Issa Rae and Yvonne Orji.

$2.6M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Topicals do?
Topicals is a direct-to-consumer skincare brand making clinically tested products for chronic skin conditions across all skin tones.
Who founded Topicals?
Topicals was founded by Olamide Olowe in 2018.
Who are Topicals's investors?
Topicals's investors include Dorm Room, Dream VC, Good Friends, Habitat Partners, Lerer Hippeau, New Voices, CAVU Consumer Partners.
How much funding has Topicals raised?
Topicals has disclosed $20M raised across 2 of its 3 known rounds.
Where is Topicals headquartered?
Topicals is headquartered in Santa Monica, US.