Caldera + Lab, a premium skincare brand dedicated to providing high-performance, clean, and sustainable products for men, has raised $6 million in Series A funding. The investment, led by HIPstr, the early-stage investment arm of HighPost Capital, LLC, will help fuel the brand’s growth and expansion. HighPost Capital is a leading private investment firm known for backing visionary companies at the forefront of consumer behavior, technology, and innovation.
Men’s Skincare Brand Caldera + Lab Secures $6 Million in Funding to Drive Expansion.
The men’s skincare market, valued at $16 billion globally, is expected to grow at a 6.4% compound annual growth rate (CAGR), according to Precedence Research. Caldera + Lab plans to use the Series A proceeds to accelerate its growth, increase marketing efforts, expand its retail presence, and advance its research and development initiatives. The funding will also enable the brand to hire top talent across the organization, further driving its mission to become a leading player in the men’s skincare space.
Founded in 2019 by entrepreneur Jared Pobre, who previously founded and scaled multiple startups, Caldera + Lab combines cutting-edge science with nature’s purest and most potent ingredients to create effective skincare solutions. The brand offers a range of premium products, including face serums, moisturizers, and cleansers, designed to meet the grooming needs of the modern man while maintaining a strong commitment to sustainability.
“For far too long, men’s premium skincare needs have been ignored or dismissed,” said Jared Pobre, Founder and CEO of Caldera + Lab. “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.”
David Moross, Chairman and CEO of HighPost, praised the brand’s rapid growth and potential. “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.”
Men’s Skincare Brand Caldera + Lab Secures $6 Million in Funding to Drive Expansion.
With the infusion of capital, Caldera + Lab is well-positioned to build on its success and continue innovating within the men’s skincare market. The brand’s commitment to creating high-quality, effective, and sustainable products has garnered a loyal following among consumers, and with this new funding, Caldera + Lab plans to further establish itself as a leader in the category. The company’s strategic focus on R&D, sustainability, and customer experience promises to drive significant growth in the years to come.
