Beauty and wellness company Oddity Tech revealed it was set to launch two new brands under its portfolio following what it said was a “record” full year net revenue totaling 509 million dollars, representing a 57 percent growth. This came above the company’s initial guidance of 53 percent, akin to its gross margin of 70.4 percent for the period,...
8 Mar 2024
Oddity, the technology platform and beauty group, has announced the appointment of Gil Efrati as the chief executive officer of one of its brands, SpoiledChild. In the position, Efrati, who will report to Oddity’s CEO and co-founder Oran Holtzman, has been tasked with building on the brand’s multicategory growth. He joins the company from...
25 Aug 2023
Oddity, a consumer-tech company that builds and scales digital-first brands, has surpassed expectations at its IPO. The Israel-based company initially set a goal to sell shares at a price of between 27 dolls and 30 dollars. However, the company, which owns beauty brands Il Makiage and SpoiledChild, said Wednesday its offering was heavily...
21 Jul 2023
Israel-based tech platform Oddity has announced the official launch of its initial public offering. The firm, which owns beauty brands Il Makiage and SpoiledChild, launched onto the US stock market with over 10.5 million Class A ordinary shares, while seeking a valuation of up to 1.7 billion dollars. The company said it is expecting the price of...
11 Jul 2023
Oddity, a consumer tech platform for beauty and wellness, has announced that it has filed to register a proposed initial public offering (IPO) of its Class A ordinary shares. The Israeli company, which owns the likes of Spoiled Child and Il Makiage, filed with the US Securities and Exchange Commission to enter the Nasdaq Global Select Market...
27 Jun 2023
Beauty consumer tech platform Oddity has announced the acquisition of biotechnology start-up Revela for a staggering 76 million dollars. Founded in 2021, the young firm is centred around artificial intelligence-based molecule discovery for the beauty and wellness industry, and boasts patent-pending ingredients as well as “hundreds” also in the...
28 Apr 2023