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UVINION

Cosmetic brand

Russia, Kaluga region
Market: Another
Stage of the project: Operating business

Date of last change: 10.04.2020
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Idea

UVINION offers bloggers to create their own products
WBAF Angel Investment Fund is investing in the expansion of our project - UVINION into UK market! The first stage of due dil with the WBAF Fund we went through. We are looking for a co-investor.

Current Status

Seed stage.
Sales started September 2019.
Here are some numbers:
- First cosmetic line sales;
- Second line of products is ready for launch with the most influential makeup artist in Russia;
- 4 bloggers contacted us to create a cosmetic line in collaboration with them.
You can check our products on our website https://uvinion.ru/

Market

Russian market 8,8 bln USD/year

UK 12,1 bln USD/year
Germany 15,2 bln USD/year
China 53,9 bln USD/year

Problem or Opportunity

Bloggers are one of the main promotion channels (brand advertising budgets through the bloggers increases 15-20% per year). The main argument – the trust to the blogger from consumers.
Influencers are dreaming to make the own cosmetic brand.

Solution (product or service)

UVINION offers bloggers to create their own products, but UVINION also is going to help with:
Co-financing;
Market analysis and marketing;
Choosing a producer;
Operational activities

Blogger does what he truly loves:
discusses cosmetic products with followers

Do the products with
UVINION & blogger’s name

Competitors

Toni Ko
Bespoke Beauty Brands

Advantages or differentiators

The market responds positively to our business model, and in the next stage we plan to develop this proven model in the UK and then in Germany. To do this, we open our first round of investment with WBAF Angel Investment Fund.
We are ready to attach presentation about the project & to provide a financial model and answer all questions.

Finance

We have the finmodel.

Business model

Our business model of creation cosmetics together with influencers allows us to:
- Reduce promotion costs;
- Launch presales;
- Create a product more relative to the market;
- Implement in any market
These hypotheses were tested in practice, the project was implemented in conjunction with the portal www.beautyinsider.ru and its founders.

Money will be spent on

New Product producing. For new markets.

Offer for investor

WE NEED:
- 100, 000 USD (out of 300,000 USD required) for entering in European market
- Mentorship
- Lead the investments of WBAF Angel Investment Fund

WE BRING:
- Share of a project
- Commitment of one of the Investment Fund for the 2nd round investments to the project
- Support of women leadership and social impact
- Competence of Business Angels of WBAF Angel Investment Fund (smart money)

Team or Management

Risks

Ready to discuss

Won the competition and other awards

We are pleased to announce that the WBAF Angel Investment Fund is investing in the expansion of our project into UK's market!
The UVINION project won the 2020 World Business Angels Investment Forum (WBAF) among 1,456 startups from 92 countries, and we passed the first stage of due- diligence.

Photos

Photo 1 - Cosmetic brand
Photo 2 - Cosmetic brand
Photo 3 - Cosmetic brand
Photo 4 - Cosmetic brand
Photo 5 - Cosmetic brand

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video