Fundraising Fox

True Beauty Ventures

Venture capital

Palm Beach Gardens · Seed–Series B · 11 people tracked

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Investment thesis

True Beauty Ventures backs beauty and wellness founders with insider expertise as a key competitive advantage. The firm combines early-stage capital with deep industry knowledge, operational support, and curated access to networks within the beauty and wellness ecosystem. Their investment thesis emphasizes partnering with founders who have true potential in breakout brands, leveraging the team's expertise across beauty, wellness, investing, and operations to help portfolio companies scale.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Series B
HQ
Palm Beach Gardens, US
Instruments
Equity
Tracked investments
1

Team · 11 people

from the firm's website
Cristina Nuñez· Co-Founder & General Partner

Consumer investor and operator with 18+ years in beauty and wellness investing and brand building. Previously held private equity and investment banking roles at Tengram Capital Partners, L Catterton, and UBS Investment Bank, and served as General Manager and Chief Operating Officer at Clark's Botanicals and in executive roles at Laura Geller Beauty.

Rich Gersten· Co-Founder & Managing Partner

Experienced consumer and beauty investor with over 30 years in private equity and growth equity roles at firms including Tengram Capital Partners, L Catterton, and North Castle Partners. Founded True Beauty Ventures to provide capital and deep sector expertise to emerging beauty and wellness brands.

Caroline Weintraub· Vice President

Leads sourcing, evaluation, and due diligence of new investments while supporting portfolio strategy and brand growth. Previously worked at Accenture as a management consultant on prestige beauty strategy and operations projects. Holds an MBA from Columbia Business School and undergraduate degree from Northwestern University.

Aaron Mizrahi· Amazon Partner

Seasoned Amazon leader with 10+ years driving growth for beauty and wellness brands on the platform. Previously led Amazon Sales & Marketing at Hero Cosmetics during its $660M acquisition by Church & Dwight. Founded Amiz, a consultancy focused on helping beauty brands scale on Amazon.

Caroline Phipps· Senior Associate

Supports investment sourcing, evaluation, and execution with focus on market research and financial analysis. Previously worked at Perella Weinberg Partners in the Consumer & Retail group advising on M&A transactions and strategic initiatives in beauty and personal care. Graduated Summa Cum Laude from University of Southern California.

Cassie Cowman· Retail Strategy Partner

Brings 18+ years in luxury fragrance and beauty retail strategy, including roles at Sephora developing brand strategies, VP of Strategic Marketing at Briogeo, and co-founding retail consulting firm View from 32. Specializes in merchant strategy and brand development.

Colleen Walsh· Human Resources and Talent Partner

Seasoned HR executive with 15+ years in both global CPG and founder-led beauty brands, specializing in talent management, organizational culture, and strategic HR initiatives. Provides support to portfolio companies on talent planning, succession planning, and performance evaluation frameworks.

Gabriella Giron· Retail Strategy Partner

Brings 15+ years in beauty retail with extensive experience at Sephora advancing from assistant to buyer in skincare, direct work with brands including Farmacy and Youth to the People, and leadership of Clean Beauty category expansion. Later served as Digital Lead for Estée Lauder Companies in Paris.

Lindsay Ullman· Retail Strategy Partner

Experienced retail and e-commerce executive with 15+ years spanning buyer roles at Bloomingdale's, senior positions at Sephora and MAC, and The INKEY List. Expertise spans digital strategy, online consumer experience, and e-commerce technology for beauty brands.

Maclean Liotta· Senior Associate

Supports the investment lifecycle from sourcing through diligence and financial analysis, working closely with portfolio companies on strategic initiatives and growth planning. Previously held roles at CHANEL in fragrance and beauty strategy and finance, and began career at UBS Investment Bank in Consumer & Retail.

Marcel Lopez· Supply Chain and Operations Partner

Beauty supply chain executive with 20+ years driving operational excellence and cost savings across growth stages. Previously held senior roles at Josie Maran and Rare Beauty building infrastructure for rapid scaling. Founded Propel Beauty consultancy providing sourcing and operations expertise to beauty brands.

Investments · 1 tracked

founders shown can be your intro path
BeautyStatbeautystat.com

Board seats · per SEC filings · 2

what is this? ⓘ
Crown Affair, Inc.SEC filing

$5M raise · filed May 2026 · via Cristina Nunez, Richard Gersten

Iris&Romeo, Inc.SEC filing

$3M raise · filed Nov 2023 · via Cristina Nunez

Inferred from directors named on each company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does True Beauty Ventures invest at?
True Beauty Ventures invests at the Seed, Series A, Series B stages.
What sectors does True Beauty Ventures focus on?
True Beauty Ventures focuses on Consumer, Wellness & Fitness.
Where is True Beauty Ventures located?
True Beauty Ventures is headquartered in Palm Beach Gardens, US.

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