Birchbox Nabs $10M

New York-based Birchbox, a membership site that sends samples of beauty products by mail, has raised $10.5 million in a Series A financing, according to VentureWire. The round was led by Accel Partners, and included contributions from Consigliere, First Round Capital, Forerunner Ventures, Harrison Metal, Lerer Ventures, Stanford University Endowment, and others. Birchbox was founded in 2010 by Harvard Business School grads Katia Beauchamp and Haley Barna, who raised $1.4 million in seed funding.

Author: Arlene Weintraub

Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.