Consumer Startup Nutrafol Secures a Round of Funding

Consumer startup Nutrafol just closed a round of Series A financing. Two investors, Unilever and CircleUp, participated in the round.

Nutrafol is a nutraceutical that addresses hair loss. The company uses clinically-tested and standardized botanical ingredients to create a daily solution that helps people retain hair.

The company revealed that investment proceeds will be used for scientific research and product development and to drive growth in the medical, salon, and e-commerce channels.