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Dollar Shave Club's mission is to provide awesome men's grooming products that make life easier.
-2% employee growth in 12 months
Dollar Shave Club (DSC) is an online shaving subscription retail company and men's lifestyle brand that was bought by Unilever for $1 billion in 2016. As well as offering a shaving subscription for men, it sells DSC-branded shaving and skincare products, undercutting incumbents like Proctor & Gamble.
Established by a marketing professional with global brand experience, DSC is an example of how startups can flourish with the right marketing team and business model behind them. Now, with Unilever's backing, DSC is making the transition from an online shaving brand to an omnichannel men's lifestyle brand with a presence in drugstores and grocery retailers across the US.
While DSC was the first company to offer shaving subscriptions, it has since been joined by other top names in men's skincare including Gillette and Harry's. DSC now boasts over 4 million subscriptions worldwide, but now under the Unilever umbrella, it faces financial disarray, job cuts, and share price drops from its owners. Unilever is focussing on simplifying its business network, which could have knock-on effects for DSC in the long term.
Kirsty
Company Specialist at Welcome to the Jungle
Nov 2015
$90.7m
SERIES D
Jun 2015
$75m
SERIES D
This company has top investors
Jason Goldberger
(CEO, not founder)Has 20 years of experience in e-commerce general management, previously serving as CEO for Sur La Table and Blue Nile. Current Strategic Advisor for Contentsquare and Member of the Board Of Directors for Babylist. Became CEO of Dollar Shave Club in 2021.