Pat McGrath Labs, the eponymous cosmetics company launched by the legendary makeup artist back in 2016, has just hit a major financial milestone. On Monday, New York City-based investment firm Eurazeo Brands announced that it had struck a $60 million deal to become a minority shareholder in the company.
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Pat McGrath. 385,044 likes · 3,240 talking about this. Makeup Artist.
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Makeup artist McGrath (@patmcgrathreal) launched her brand in 2016. Two-years later the company has reached an estimated $1 billion valuation.
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
Shop Pat McGrath Labs’ Mothership I Eyeshadow Palette - Subliminal at Sephora. A wardrobe of textures and hues in a couture color palette.
The 48-year-old Brit's eponymous brand, Pat McGrath Labs, secured a $60 million investment earlier this month from New York-based Eurazeo Brands.
From backstage to a billion-dollar company, her bootstraps are beyond snapped.
