10.29.24
Caldera + Lab, a premium skincare brand focusing on providing high-performance, clean, and sustainable products for men, has raised $6 million for its Series A funding round from HIPstr, the early-stage investment arm of HighPost Capital, LLC, a leading private investment firm.
Caldera + Lab intends to use proceeds from Series A to accelerate growth, increase its market share and marketing efforts, fuel its retail expansion strategy, drive R&D, and add talent throughout the organization.
The brand was launched in 2019 by Jared Pobre, an entrepreneur who previously founded and scaled multiple startups.
Pobre commented,
“For far too long, men’s premium skincare needs have been ignored or dismissed. 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.”
Caldera + Lab combines innovative science, nature’s purest and potent ingredients, and sustainable business practices to create men’s skincare products. Products include face serums, moisturizers, and cleansers.
David Moross, Chairman and Chief Executive Officer of HighPost, said,
“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.”
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Caldera + Lab intends to use proceeds from Series A to accelerate growth, increase its market share and marketing efforts, fuel its retail expansion strategy, drive R&D, and add talent throughout the organization.
The brand was launched in 2019 by Jared Pobre, an entrepreneur who previously founded and scaled multiple startups.
Pobre commented,
“For far too long, men’s premium skincare needs have been ignored or dismissed. 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.”
Caldera + Lab combines innovative science, nature’s purest and potent ingredients, and sustainable business practices to create men’s skincare products. Products include face serums, moisturizers, and cleansers.
David Moross, Chairman and Chief Executive Officer of HighPost, said,
“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.”
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