Divi Scalp & Hair Health (Divi), a Dallas, TX-based hair model, has secured a minority funding from Norwest.
The quantity of the deal was not disclosed. Sonya Brown, Norwest normal accomplice and co-head of the agency’s Progress Fairness staff, will be a part of the Board of Administrators.
The corporate intends to make use of the funds for its worldwide enlargement, home scale in key metro areas, and deepen the model’s established relationships with key retailers, together with Ulta Magnificence, Ulta Magnificence at Goal, and Amazon.
Based by Dani Austin, Divi gives a variety of scalp-first merchandise, together with shampoos and conditioners, a remedy masks, and a dry shampoo. The model launched at Ulta Magnificence in late 2022. In July 2024, the model deepened that relationship, increasing its distribution to incorporate all Ulta Magnificence at Goal doorways.
Dani Austin and her husband, Jordan Joseph Ramirez, who served as CEO and now holds the function of chairman, each plan to stay actively concerned within the subsequent chapter of the Divi story because the model scales to a family identify.
FinSMEs
13/11/202
