Industry landscapes
The companies, capital and talent shaping direct-to-consumer beauty brands in the United States. Find the leaders. Understand the segments. See where the activity is.
An industry ecosystem,
measured in context.
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗
Recently founded means a recorded 2023–2026 founding year and no recorded parent, acquirer or public-company status. These companies are not labelled startups without that separate classification.
Explore classified startups in Radar ↗A few useful ratios bring the size of this ecosystem into perspective.
96 of 2,382 tracked companies have open roles.
322 of 2,382 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 426 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 24.3% of disclosed capital, while 86.5% of tracked companies have no recorded funding round.
Explore the segments →Recorded company formation and disclosed funding across the complete annual series shown.
Sum of recorded funding rounds · USD
| Year | Funding (USD) | Founded | Raising |
|---|---|---|---|
| 2016 | $265.56M | 141 | 28 |
| 2017 | $200.16M | 157 | 32 |
| 2018 | $669.6M | 184 | 40 |
| 2019 | $385.91M | 200 | 42 |
| 2020 | $734.66M | 218 | 46 |
| 2021 | $544.76M | 204 | 48 |
| 2022 | $589.27M | 124 | 56 |
| 2023 | $194.74M | 105 | 43 |
| 2024 | $163.81M | 122 | 20 |
| 2025 | $115.96M | 8 | 18 |
Share of all disclosed company funding.
538 recorded rounds since 2016
Recorded participation in direct-to-consumer beauty brands company rounds since 2016.
Backed by .
Backed by Stride Consumer.
Backed by American Pacific Group.
Backed by BOLD.
Backed by Hssaspokane.
Backed by Asto Consumer Partners and Align Ventures.
Backed by .
Backed by Morgan Stanley and L’ATTITUDE Ventures and others.
Backed by The Carlyle Group.
Backed by Bain Capital and Macquarie Capital.
Backed by L Catterton and CircleUp and others.
Backed by Shan Lyn Ma and Mark Clouse and others.
Backed by Cowen.
Backed by Tiger Global Management and Thrive Capital and others.
Backed by ACG and Temasek and others.
Backed by Asto Consumer Partners and Align Ventures.
Backed by Sequoia Capital and Spark Capital and others.
Backed by ACME and TPG.
Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.
Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.
FY2025 · company accounts; aggregate reporting threshold not met · 1 reporting entities from 1 eligible matches.
Sum of reporting-entity revenue; not the United States market sales.
Combined result for the same cohort.
Combined net income ÷ combined revenue.
The middle covered reporting entity.
None of 1 covered entities.
Share of covered revenue from the five largest entities.
Reported cohort totals by year; coverage is stated for every period.
Bar height shows revenue. Changes in coverage can affect totals.
FY2025 · 1 reporting entities
Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.
| Company / reporting entity | Revenue | Net profit / loss | Net margin | Revenue growth | Total assets |
|---|---|---|---|---|---|
| E.L.F Cosmetics ↗1600033 | $1,313.5m | $112.1m | +8.5% | — | — |
Explore full company accounts and filings.
Choose “View accounts” to inspect an available company preview.
Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.
| Industry | Covered / eligible | Revenue total | Median revenue | Net profit / loss | Aggregate margin | Profitable share | Overlap |
|---|
Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.
Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.
The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.
Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.
How the the United States companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
114 of the 2,382 companies on this page carry a measured traffic record (4.8%); these are the largest of those, by monthly visits. The median among them is 258,582 visits.
| Company | Monthly visits | Authority | Mobile |
|---|---|---|---|
| Ipsyipsy.com | 17,815,469 | 55 | 97.8% |
| Scentbirdscentbird.com | 16,146,693 | 59 | 97.8% |
| FragranceNet.comfragrancenet.com | 13,671,868 | 65 | 83.4% |
| hersforhers.com | 7,114,881 | 65 | 92.1% |
| Maëlysmaelyscosmetics.com | 4,824,005 | 43 | 99.3% |
| DermStoredermstore.com | 3,057,105 | 53 | 82.1% |
| Dr. Squatch Soap Co.drsquatch.com | 2,830,594 | 51 | 87% |
| doTERRAdoterra.com | 2,649,486 | 62 | 58.7% |
| IL Makiageilmakiage.com | 2,511,919 | 51 | 92.5% |
| E.L.F Cosmeticselfcosmetics.com | 2,417,905 | 64 | 81.7% |
Visits and authority are third-party web estimates, not company-reported figures.
55 of these companies (2.3%) publish at least one Android app — 61 apps in all, carrying 5.6M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| e.l.f. Cosmetics and SkincareE.L.F Cosmetics | 1.2M | 4.6 | Beauty |
| Scentbird Monthly Perfume BoxScentbird | 1.2M | 4.7 | Beauty |
| Chula - Belleza sin límitesChula | 976.7K | 4.2 | Beauty |
| FragranceNetFragranceNet.com | 936K | 3.9 | Shopping |
| Dermstore: Shop Pro Skin CareDermStore | 296.3K | 4.9 | Shopping |
| Madison Reed AppMadison Reed | 136.2K | 3.8 | Beauty |
| MEMEBOX：最潮韓國美妝Memebox | 90.6K | 1.7 | Shopping |
| doTERRA ShopdoTERRA | 68.1K | 2.8 | Lifestyle |
| Compras dōTERRAdoTERRA | 68K | — | Lifestyle |
| doTERRA Mobile CatalogdoTERRA | 67.5K | — | Shopping |
Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.
New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.
Darker bars are new releases, lighter bars apps updated. 61 of 61 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.
Explore the segments behind the headline numbers.
Rank segments by scale, hiring or disclosed funding.
Companies can sit in several segments. Counts and funding overlap.
The largest measured segment in this report snapshot.
94 companies hiring · $5.51B disclosed funding
Explore in RadarCommon revenue models; a company can use more than one.
Recorded corporate activity linked to companies in this landscape.
Fenn Wright has acquired Henry Rose, an independent sales and lettings agency in Ipswich, as part of a wider expansion strategy led by its newly appointed head of estate agency, Ian Fry.
The private equity firm recently invested $70 million for a minority stake in sun care brand Vacation, which sources say carried a roughly $210 million valuation.
OffCourt has joined the portfolio of Alopeke, according to the holding company’s site.
Nopalera, a San Antonio-based beauty and lifestyle brand, has raised $4 million in funding to accelerate its retail expansion and product development.
Sidley is representing Salt & Stone, a Los Angeles-based premium body care brand, in its majority acquisition by global private equity investor Advent.
Skyline Beauty Group has acquired LilyAna Naturals, with plans to unlock the skincare brand’s next stage of growth through its shared back-office infrastructure and operational expertise.
Fara Homidi – $4M Beauty & Consumer Fara Homidi, a luxury direct-to-consumer beauty brand, has raised $4M in funding according to a recent SEC filing.
On Sunday, January 25, the company submitted an emergency motion seeking a loan of more than $1 million to pay critical vendors.
Ceremonia, a Latinx hair care brand, has raised $3.5M in funding according to a recent SEC filing.
The capital market infrastructure provider Axiology has received seed financing of EUR 5 million to introduce new tokenized investment services under the EU DLT pilot regime.
Top 10 categories among 175 recorded events in the 24-month window.
26 tracked people moves
Appointment Chief Marketing Officer
Appointment Head of Business
Resignation Chief Creative Officer
Appointment President and Chief Operating Officer
Appointment Global President
Resignation Previously Chief Executive Officer
Appointment Chief Executive Officer
Appointment Chief Executive Officer
Products, platforms and features in the recorded window
Beauty
Digital Service
Hair Care
Shoppable Livestream
1 recorded customer wins
Customer: myerBeauty
3 companies with reported reductions
54 rolescost reduction
40 rolescost reduction
Scale not stated rolesbusiness downturn
3 tracked suits
misappropriation of company funds, fraud and breach of fiduciary dutyCivil · Ongoing
patent infringementCivil · Verdict
Reported company results in the recorded window.
Median across 12 reported growth observations; companies may contribute multiple periods.
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| E.l.f.→NATURIUM ↗ | Announced | 2026-04-29 | $355.0M |
| fenn wright→Henry Rose ↗ | Completed | 2026-04-21 | Not stated in snapshot |
| Violet Grey→cos bar | Rumored | 2026-04-17 | Not stated in snapshot |
| vmg partners→Vacation ↗ | Announced | 2026-04-09 | $70.0M |
| Alopeke→OffCourt ↗ | Completed | 2026-04-07 | Not stated in snapshot |
| advent international→Salt & Stone ↗ | 2026-04-07 | Not stated in snapshot |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
1,660 postings in the preceding 12 months. The full 2,962-posting snapshot covers 128 employers.
46 tracked postings mention remote work.
796 postings specify a level.
Top skills across 2,962 tracked postings in the available jobs snapshot.
Median across 213 postings with pay data, expressed in USD.
Advertised posting medians do not describe all employees or roles.
| Company | Open roles |
|---|---|
| Fenty Beauty ↗ | 11 |
| Anastasia Beverly Hills ↗ | 10 |
| E.L.F Cosmetics ↗ | 10 |
| Hattori Hanzo Shears ↗ | 10 |
| Amada ↗ | 10 |
| Barr ↗ | 8 |
| DIME Beauty ↗ | 7 |
| doTERRA ↗ | 7 |
| Company | Employees |
|---|---|
| doTERRA ↗ | 2,697 |
| PAT McGRATH LABS ↗ | 1,800 |
| Function of Beauty ↗ | 335 |
| Ipsy ↗ | 300 |
| Madison Reed ↗ | 247 |
| Innovative skincare ↗ | 233 |
| Prose ↗ | 233 |
| Goop ↗ | 210 |
1,210 founders and chief executives across 975 companies.
Ex-Cole Haan. Harvard Business School MBA, Georgetown University BA
Wild Salmon Center, ex-The Bay School Of San Francisco, ex-Common Sense Media, University of Pennsylvania - The Wharton School, 1988
Yucaipa High School 1992
Ex-Zotos International, Cosmetic Laboratories, Mana Products. University of Houston 2007, Fairleigh Dickinson University 2010
Next Innovation Plus.
Ex-CEO-Dinner Lab, Hudson's Bay Company · The University of Georgia BA 2007
Ex-Bare Escentuals, Goldman Sachs, Lehman Brothers. Duke University BA, Stanford University Graduate School of Business MBA
Co-Founder Exposition Productions UK, ex-Marula by John Paul Selects, AKHASSA BATH & BEAUTY, Vioclicks. Georgetown University
500 Startups, ex-Founder Groop Swoop. UC Berkeley BSc 2006, UC Davis 2006
Ex-Sigong Tech. Kyung Hee University 2004
Ex-GardaWorld, Goldman Sachs, Co-Founder SchedulingDirect. McGill University BCom
Wonderskin, York University
123 profiles with education records.
25 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
Compare demand signals in the United States’s newsflow with the direct-to-consumer beauty brands categories mapped to each signal.
Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.
The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.
Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.
Swipe horizontally to compare all columns →
| Signal family | Signal percentile | Supply percentile | Relative gap | Gap (points) | Signal share vs prior year |
|---|---|---|---|---|---|
| Layoffs & income shocks ↗Spending Pressure | 85.0 | 22.2 | +62.8 | +57.7% | |
| Highways & expressways ↗Connectivity Build-Out | 45.0 | 0.0 | +45.0 | +23.5% | |
| Consumer grievances & trust ↗Trust Friction | 75.0 | 44.4 | +30.6 | +92.6% | |
| Tourism footfall ↗Demand Driver | 55.0 | 33.3 | +21.7 | +35.3% | |
| Airports & air links ↗Connectivity Build-Out | 15.0 | 11.1 | +3.9 | +23.9% | |
| Housing & urban expansion ↗Demand Driver | 55.0 | 66.7 | -11.7 | +49.2% | |
| Inflation & spending pressure ↗Spending Pressure | 55.0 | 66.7 | -11.7 | +18.9% | |
| Rail & metro connectivity ↗Connectivity Build-Out | 35.0 | 66.7 | -31.7 | +36.8% | |
| E-commerce & quick delivery ↗Channel Shift | 55.0 | 94.4 | -39.4 | +67.2% | |
| Industrial parks & warehousing ↗Investment Build-Out | 35.0 | 94.4 | -59.4 | +28.1% | |
| Congestion & traffic friction ↗Access Friction | 40.0 | — | No matching category | — | +2.5% |
Showing all 11 signals. Select a family for its history and mapped categories.
All 12 city readings for these demand families in the comparison geography. the United States is highlighted.
Each city’s reading is a share of its own coverage.
Congestion & traffic friction · Layoffs & income shocks · Highways & expressways
Inflation & spending pressure · Layoffs & income shocks · Congestion & traffic friction
Congestion & traffic friction · Layoffs & income shocks · Consumer grievances & trust
Congestion & traffic friction · Highways & expressways · Layoffs & income shocks
Congestion & traffic friction · Layoffs & income shocks · Inflation & spending pressure
Inflation & spending pressure · Layoffs & income shocks · Congestion & traffic friction
Congestion & traffic friction · Highways & expressways · Layoffs & income shocks
Congestion & traffic friction · Highways & expressways · Layoffs & income shocks
Layoffs & income shocks · Congestion & traffic friction · Inflation & spending pressure
Congestion & traffic friction · Highways & expressways · Housing & urban expansion
Congestion & traffic friction · Layoffs & income shocks · Highways & expressways
Congestion & traffic friction · Layoffs & income shocks · Inflation & spending pressure
Layoff cycles can pull discretionary spend back toward value offerings.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 2692 | 15.79 |
| 2024Q4 | 2657 | 14.98 |
| 2025Q1 | 3457 | 13.81 |
| 2025Q2 | 3055 | 19.17 |
| 2025Q3 | 6687 | 24.54 |
| 2025Q4 | 3761 | 31.16 |
| 2026Q1 | 2843 | 19.69 |
| 2026Q2 | 1885 | 24.49 |
Corridor build-out can collapse travel time, widening every catchment.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 1087 | 6.38 |
| 2024Q4 | 1071 | 6.04 |
| 2025Q1 | 1090 | 4.36 |
| 2025Q2 | 923 | 5.79 |
| 2025Q3 | 1985 | 7.28 |
| 2025Q4 | 631 | 5.23 |
| 2026Q1 | 965 | 6.68 |
| 2026Q2 | 597 | 7.76 |
Trust friction can reward whoever fixes service, complaints and fraud handling.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 700 | 4.11 |
| 2024Q4 | 575 | 3.24 |
| 2025Q1 | 674 | 2.69 |
| 2025Q2 | 566 | 3.55 |
| 2025Q3 | 1058 | 3.88 |
| 2025Q4 | 636 | 5.27 |
| 2026Q1 | 1740 | 12.05 |
| 2026Q2 | 496 | 6.44 |
Visitor flows can convert into discretionary spend where they land.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 889 | 5.22 |
| 2024Q4 | 884 | 4.98 |
| 2025Q1 | 930 | 3.72 |
| 2025Q2 | 1039 | 6.52 |
| 2025Q3 | 1801 | 6.61 |
| 2025Q4 | 934 | 7.74 |
| 2026Q1 | 722 | 5.0 |
| 2026Q2 | 650 | 8.44 |
If new terminals and routes pull business and tourist inflow, demand tends to follow the passenger.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 106 | 0.62 |
| 2024Q4 | 109 | 0.61 |
| 2025Q1 | 150 | 0.6 |
| 2025Q2 | 162 | 1.02 |
| 2025Q3 | 202 | 0.74 |
| 2025Q4 | 132 | 1.09 |
| 2026Q1 | 122 | 0.85 |
| 2026Q2 | 74 | 0.96 |
New residential catchments can pull everyday demand with them.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 513 | 3.01 |
| 2024Q4 | 557 | 3.14 |
| 2025Q1 | 752 | 3.01 |
| 2025Q2 | 759 | 4.76 |
| 2025Q3 | 1345 | 4.94 |
| 2025Q4 | 681 | 5.64 |
| 2026Q1 | 745 | 5.16 |
| 2026Q2 | 354 | 4.6 |
Sustained price pressure can shift spending toward value formats.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 4668 | 27.39 |
| 2024Q4 | 4283 | 24.15 |
| 2025Q1 | 5369 | 21.46 |
| 2025Q2 | 7757 | 48.67 |
| 2025Q3 | 8074 | 29.63 |
| 2025Q4 | 6012 | 49.81 |
| 2026Q1 | 4421 | 30.63 |
| 2026Q2 | 2791 | 36.26 |
Where rail and metro build out, station-area demand can follow the footfall.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 221 | 1.3 |
| 2024Q4 | 185 | 1.04 |
| 2025Q1 | 279 | 1.11 |
| 2025Q2 | 218 | 1.37 |
| 2025Q3 | 491 | 1.8 |
| 2025Q4 | 183 | 1.52 |
| 2026Q1 | 202 | 1.4 |
| 2026Q2 | 126 | 1.64 |
Online and quick-commerce adoption can migrate spend across channels faster than networks adapt.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 160 | 0.94 |
| 2024Q4 | 235 | 1.33 |
| 2025Q1 | 183 | 0.73 |
| 2025Q2 | 212 | 1.33 |
| 2025Q3 | 439 | 1.61 |
| 2025Q4 | 294 | 2.44 |
| 2026Q1 | 228 | 1.58 |
| 2026Q2 | 111 | 1.44 |
Parks and warehousing can add the jobs and fulfilment capacity that reach depends on.
Companies can appear in multiple categories; these counts are not a unique-company total.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 291 | 1.71 |
| 2024Q4 | 291 | 1.64 |
| 2025Q1 | 430 | 1.72 |
| 2025Q2 | 278 | 1.74 |
| 2025Q3 | 457 | 1.68 |
| 2025Q4 | 294 | 2.44 |
| 2026Q1 | 424 | 2.94 |
| 2026Q2 | 166 | 2.16 |
Congestion friction can push footfall toward nearby formats and toward delivery.
This signal has no matching category in the page’s direct-to-consumer beauty brands market map, so no supply percentile or gap is assigned.
Mentions per 10,000 articles · zero baseline
| Quarter | Mentions | Per 10,000 articles |
|---|---|---|
| 2024Q3 | 2790 | 16.37 |
| 2024Q4 | 3697 | 20.85 |
| 2025Q1 | 3562 | 14.23 |
| 2025Q2 | 2881 | 18.08 |
| 2025Q3 | 4705 | 17.27 |
| 2025Q4 | 2433 | 20.16 |
| 2026Q1 | 1860 | 12.88 |
| 2026Q2 | 1751 | 22.75 |
the United States direct-to-consumer beauty brands coverage
The Quarterly Journal of Economics
391 citations in the snapshot
The Quarterly Journal of Economics
241 citations in the snapshot
Energies
81 citations in the snapshot
The Review of Economics and Statistics
71 citations in the snapshot
the United States coverage of this page's demand families
| Keyword | Recent articles | Prior articles | Share change |
|---|---|---|---|
| patent infringement | 394 | 24 | 1923.3% |
| cyber liability | 254 | 25 | 1152.2% |
| privacy policies | 207 | 24 | 963.0% |
| arbitration clause | 170 | 22 | 852.3% |
| ip litigation | 547 | 72 | 836.3% |
| antitrust investigations | 635 | 87 | 799.5% |
Share changes describe coverage in the stated comparison periods, not search demand or market size.
Company counts, hiring and disclosed funding across the recorded hubs.
36.7% across the displayed hubs
20 companies hiring · $2.4B disclosed funding
Explore companies in New York City ↗26.6% across the displayed hubs
14 companies hiring · $513.1M disclosed funding
Explore companies in Los Angeles ↗11.1% across the displayed hubs
6 companies hiring · $758.7M disclosed funding
Explore companies in San Francisco ↗
8.2% across the displayed hubs
1 companies hiring · $11.5M disclosed funding
Explore companies in Miami ↗
5.9% across the displayed hubs
4 companies hiring · $13.9M disclosed funding
Explore companies in Chicago ↗
4.3% across the displayed hubs
3 companies hiring · $46.7M disclosed funding
Explore companies in Brooklyn ↗
3.7% across the displayed hubs
1 companies hiring · $22.3M disclosed funding
Explore companies in Atlanta ↗3.6% across the displayed hubs
1 companies hiring · $64.1M disclosed funding
Explore companies in San Diego ↗Clear definitions for making better comparisons.
It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.
No. A company can belong to several segments, so segment counts and funding can overlap.
A dash or unavailable panel means the current reviewed source snapshot does not support that figure.
Company ecosystem snapshot: 30 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.
Canonical landscape ↗