Beauty Industry

Glossier Secures $45 Million in Funding 

CEO Colin Walsh says this new funding will help grow the brand and create meaningful experiences for customers.

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By: Rachel Klemovitch

Assistant Editor

Glossier has secured a $45 million revolving credit line from Tiger Finance. This will support Glossier’s strategic reset and growth under CEO Colin Walsh.

Glossier traces its roots to “Into The Gloss,” a beauty-dedicated editorial site created by Glossier founder Emily Weiss. 

Celebrating individuality and freedom, Glossier offers a curated selection of skincare, makeup, body care, and fragrance products that are intuitive, effective, and easy to use. 

Colin Walsh, CEO of Glossier since September 2025, commented:

“Throughout this process, Tiger Finance demonstrated a strong understanding of our business and long-term ambitions. This financing supports the next chapter of Glossier’s growth, enabling us to deepen our connection with customers and continue creating meaningful experiences that inspire lasting brand love around the world.”

Financing arrives during a broader overhaul for Glossier. After years of expansion, Walsh has moved to simplify the business.

Glossier announced job cuts, slowed its product pipeline, and announced plans to close nine of its 12 stores over the next two and a half years. 

Glossier also moved further into wholesale through Sephora.

A credit line shows Glossier’s goal of keeping products in the right channels without letting growth outrun its cash.

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