Skincare brand Caldera + Lab raises $9.2m

Caldera + Lab, a premium men’s skincare brand known for high-performance, sustainable products, has successfully closed a US$6 million ($9.2 million) Series A funding round. The investment comes from HIPstr, the early-stage arm of HighPost Capital. This funding is intended to support the brand’s growth, expand its retail presence, and fuel research and development initiatives.

Transaction snapshot

Deal value: US$6m ($9.2m)
Deal multiples: N/A
Deal type: Series A funding
Investors: HIPstr (HighPost Capital’s early-stage investment arm)

Founded in 2019 by Jared Pobre, Caldera + Lab combines science with potent natural ingredients to offer men a simplified skincare routine focused on effective, clean, and sustainably sourced products. The brand, headquartered in the United States, has built a reputation for face serums, moisturisers, and cleansers tailored to men’s grooming needs.

With the men's skincare market valued at approximately US$16 billion globally and projected to grow at 6.4% CAGR, Caldera + Lab aims to capitalise on this expanding segment. Pobre highlighted the brand's mission to simplify skincare for men, meeting a need that has often been overlooked. He stated that the partnership with HIPstr, given its consumer market expertise, will enhance the company’s ability to deliver superior customer experiences and further invest in its business.

HighPost Capital’s Chairman and CEO, David Moross, commented on Caldera + Lab’s growth potential, emphasising its position as one of the fastest-growing, digitally native men’s skincare brands with a strong commitment to sustainability. He noted that HIPstr’s investment in Caldera + Lab marks its first move into the grooming space, attracted by the brand’s innovative products and promising market trajectory.

This investment represents HIPstr’s seventh overall, aligning with its strategy to back early-stage, consumer-focused brands with growth potential in rapidly evolving markets.