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Faace

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We're on a mission to simplify skincare routines with our award-winning, ethical products for every face.

109%
 - 
Funded 6 Feb 2023
£150,002 target
£165,969 from 256 investors
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Business overview

Location Brighton, United Kingdom
Social media
Website www.wearefaace.com/
Sectors Home & Personal Mixed Digital/Non-Digital Mixed B2B/B2C
Company number 11782441
Incorporation date 23 Jan 2019
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Investment summary

Type Equity
Valuation (pre-money) £1.3M
Equity offered 11.24%
Share price £6.33
Tax relief

EIS

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Business highlights

  • Sold in 23 countries, 59 retailers like Harrods & LookFantastic
  • Over £400K sales in just over 2.5 years, 40K+ products sold
  • 1000s press & influencer mentions, 9 awards (Elle, Marie Claire)
  • 17K sanitary pads (89K carrier bags worth) saved from landfill
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Key features

  • Secondary Market
  • Nominee investment min. £12.66 +
  • Direct investment min. £10,000.00 +
  • Idea
  • Investor Perks
  • Team
  • Updates
  • Investors 256
  • Discussion
  • Documents

Idea

Introduction

We are on a mission to simplify skincare routines. We understand that when you’re tired, been working out or on your period you might not have the time or energy to do a full skincare routine, even if you know you should. So, we’ve created a range of results-driven, easy to use and understand products that can be applied with minimum fuss.

Our widely accessible products are natural and organic, vegan, ethically sourced and environmentally safe. We also want to open-up conversation and destigmatise topics like periods and menopause and give back to period poverty and menopause organisations.

Made for period, tired, sweaty, dull and menopausal skin, each tube contains specific proven active ingredients to help skin at those times. So our customer doesn’t have to think about a thing.

Substantial accomplishments to date

- Our products have been awarded the ‘best’ for period, menopause, oily skin, or face masks in general by 9 leading publications including Telegraph, Woman & Home, Elle and Marie Clare.

- We’re available to buy in 59 retailers including Harrods, LookFantastic, Beauty Bay, Boots and Douglas across 23 countries.

- Built an engaged community of over 54K across email, Instagram and Tiktok.

- Achieved over £400k sales in just over 2.5 years.

- Created by a team of beauty experts – journalists, skin experts, aromatherapists, designers – Faace founder Jasmine has worked in beauty for 16 years and was recently awarded ‘Who’s Who of Natural Beauty’ 2022 alongside brands like Weleda and Neal’s Yard.

- Over 1M sheet masks are thrown away each day. Faace’s ‘no sheet, sheet mask’ tubes gives people what we believe to be a more sustainable option.

- Vegan, cruelty free, natural, organic and ethically sourced ingredients, housed in 60% recycled and recyclable tubes.

- Faace has saved 17,907 sanitary pads (equivalent of 89,573 carrier bags) from landfill with a buy one give one initiative with period poverty social enterprise Hey Girls.

- Donated for every purchase of Menopause Faace to The Menopause Charity.

Monetisation strategy

As well as having a baseline of key retailers who re-order from us each quarter, in December we have launched into Selfridges.

Zalando across the EU is due to go live soon.

We have new distribution agreements in place for countries including Lithuania, South Africa, Taiwan, as well as the whole of the GCC, all set to launch the brand in 23. We have travel retail with airlines on the horizon too.

Stress Faace, our first ever moisturiser is about to go on sale, with 4 other new products in the pipeline for 23.

Use of proceeds

We are raising to fuel the growth we have achieved to date. We want to be able to produce those newly developed products for retail (30%), support all key retailers and countries with digital marketing, increasing our brand awareness, and driving more sales (40%), continue to grow our social media and invest in our content strategy for Instagram as well as TikTok (12%) and also work with relevant influencers to also help drive awareness around the brand (18%).

Investor Perks

Please note that any discounts, rewards and/or offers listed by a company in its campaign are subject to the terms and conditions applied by that company. It is the company’s responsibility to honour such discounts, rewards and/or offers and Seedrs does not take any responsibility for them.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

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Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Faace has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 23 December 2022 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £1,300,783

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Seedrs.

Pitch type

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Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

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Nominee investment

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Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

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Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

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