Tags
HardwareAISoftwareDermatologyAesthetics
Website
Team size
18
Capital raised
n/r
Revenues 2023
Founding year
2017
Contact Name
Wonchang Kim (Patrick), General Manager
Contact email
⏰ TL;DR (Too Long; Didn't Read)
Cubist develops and distributes innovative beauty and skincare products. The company is now set to integrate proprietary AI personalization solutions with its products
💡The Idea
- Cubist develops and internationally distributes innovative solutions for beauty and skincare under the brand name FaceFactory
- Existing products include:
- Hardware devices, such as the electronic face masks, Z-Peeling machine, Rink Shot (skin firming device), and the Cell Liner (Electronic Skin Massager)
- Cosmetics, such as creams, oils, and Serums
- Using specialized and proprietary AI developed from a large dermatological sample database, Cubist is creating a personalized aesthetics recommendation engine. This engine can advise people on which products to use and how to use them based on their specific skin type and condition.
🥇Benefits
- Professional-level cosmetic treatments in the comfort of your home
- Tried and tested methods for better results
💵Business Model
- In Korea - D2C of aesthetic hardware and cosmetics
- In USA - D2C through local channel partners and e-commerce stores
🌎Market data
- The global non-invasive aesthetic treatment market size was valued at $61.2 billion in 2022 and is projected to expand at an annual rate of 15.40%, reaching $190.5 billion by 2030. The US is the largest market with a 35.4% market share.
🚀Status
- 10+ number of products commercialized
- Over 3 million units sold in the past seven years
- Selling in South Korea and additional countries
📋Regulation
- Not relevant