Black-owned beauty-tech company Myavana is using AI to provide personalized insights and hair regimens that work for women of color. Myavana is the brainchild of computer scientist Candace Mitchell Harris. Her natural hair journey led her to seek data-driven, intelligent hair care solutions everywhere, from the lab to the Metaverse. The Science of Hair Data reveals that Black consumers drive the global hair-care market, spending nine times more on hair-care products than other racial groups. Black women, in particular, spend about $1.7 billion annually on hair-care products. While studying computer
Toye Onikoyi, Kelechi Agwunobi, Etebom Samuel, and Larry Adigun are the brains behind The Muse Mirror – also known as the mirror of the future – a one-of-kind virtual mirror that aims to shake up the beauty industry. Who is Toye Onikoyi? Rhode Island entrepreneur, Toye Onikoyi, is an experienced software engineer with an impressive tech portfolio that spans many years. After graduating from The University of Rhode Island in 2016, Onikoyi spent the first few years of his career working his way up from a Research Engineer to a Software
Black-owned digital app, ShearShare, has raised $2.3M in a seed funding round led by Fearless Fund. The round also included Level Up Ventures, New York Ventures, Gaingels, Chloe Capital, Portfolia, Pipline Angels, Bacon Family Trust, and ACV Auctions co-founder Jack Greco. The additional funding brings ShearShare’s total funding amount to $6.2M. Known to many as the “HairBnB,” ShearShare has created an easily accessible mobile app that provides licensed beauty and barbering professionals with flexible and affordable spaces to rent. In addition, entrepreneurs can use these spaces with no-term leases or commission fees.
Founder of Beauty Concepts, Cydnie Lunsford, has filed a lawsuit against Kim Kardashian after alleging that the business owner stole the name of her salon service named SKKN+. Black-owned beauty business, SKNN+ was founded by Cyndie Lunsford almost four years ago and offers women a wide range of aesthetic body products. The brand provides a hands-on transformative experience to all clients and helps them embrace new and healthier skincare habits. In 2018, Lunsford trademarked the name of her business just two days before Kim Kardashian made it to the trademark
