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Omy Laboratoires

Omy Laboratories is an operator of an e-commerce platform intended to offer skincare and beauty enhancement products.
2018
Nov-50
11-50
Quebec, Canada
  • Cosmetics Ingredients
  • Haircare
  • Make-up
  • Skincare

Innovation

Industry Problem

Fixed formulas may not match individual skin type, sensitivity, climate and personal preferences

R&D Focus

AI-enabled personalization, natural formulations and made-to-order dermocosmetics

Innovative Solution

SkinAI/SkinIA analyzes skin needs and configures personalized creams and serums from thousands of possible formulas

Solution Effectiveness

The company reported more than 8,000 formula combinations and entry into 400 Jean Coutu and Brunet points of sale

Investment Funding

Last Funding Stage

Early Stage VC

Total Funding Amount

$11.1M

Last Funding Amount

$11.1M

Last Funding Date

04-11-2023

Startup Stage

Growth Stage

Lead Investors

Crédit Mutuel Equity, Fondaction, BDC Capital's Thrive Venture Fund, Accelia Capital

People

Founders

CEO

About

Omy Laboratories is an operator of an e-commerce platform intended to offer skincare and beauty enhancement products.

Products

Product

Personalized face cream, serum and related dermocosmetics; customer reviews are available on company and retail channels

Star Product

Personalized face cream, the main made-to-order product linked to SkinAI

Demo Product or Complete Product?

Complete commercial personalized skincare service with online and retail distribution

Future Plan

Market Expansion

An $11M financing round announced in April 2023 was specifically intended to support U.S. and North American expansion

Investment Funding

$11M financing round announced April 11, 2023, backed by Fondaction, BDC Capital, Accelia Capital and Crédit Mutuel Capital

Awards and Recognitions

Certifications

B Corp certification is reported by company press materials; current status should be checked in the B Lab directory

M&A and Collabs

Collab

Government of Canada support for AI, production and business growth

Collab

Jean Coutu and Brunet retail rollout across Quebec, reaching about 400 points of sale in 2024

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