Align Ventures closes $125M Fund II for beauty and wellness bets
What's the deal? Align VenturesDealroom has a profile for this one. Try Dealroom → has closed an oversubscribed $125 million Fund II, its second early-stage vehicle, surpassing a $100 million target. The fund backs beauty, wellness, and consumer-innovation startups at their earliest stages.
Who's behind it? The Miami-based firm was founded by managing partner Ben Bryce and drew a mix of returning Fund I investors and new LPs. Its portfolio spans consumer brands including Touchland, Coterie, Olipop, Starface, and Billie, and it recently led California NaturalsDealroom has a profile for this one. Try Dealroom →' Series B.
What's the endgame? Align positions itself as a hands-on backer, taking board seats and leaning on an LP base of consumer operators. Fund II gives it fresh capital to keep writing early checks into brands reshaping beauty and wellness.
The signal: An oversubscribed close above target is a rare vote of confidence in the consumer category, where fundraising has otherwise been selective. Investor appetite is landing on brands with proven pull rather than the platforms carrying them.
Read more: Business Wire · WWD
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