Living Proof, a US-based beauty products company whose owners include actress Jennifer Aniston, has raised $30m in its series C round from a consortium including merchant bank Leerink Swann and the Pohlad Family Capital Fund, a corporate venturing unit of the eponymous conglomerate. Venture capital firm Polaris Venture Partners filled out the round.
Six co-founders, including Jon Flint, co-founder and general partner at Polaris, and inventor Robert Langer, professor and serial entrepreneur at MIT’s Langer Labs Living Proof, launched Living Proof in 2004 to change how hair behaves using patented new molecules.
In March 2011, Living Proof, formerly known as Andora, raised $16m in its B round following a $9m A round in 2009, according to its regulatory filing.