Glossier was founded in 2014 by Emily Weiss. She has expressed her willingness to pursue an IPO in the future, saying that her primary goal was to build "a massive, stand-alone business,” adding that “if an IPO is the best way for us to get there, then we’ll do that.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Glossier is a digitally-native beauty brand that sells its products directly to consumers. The company is notable for having developed its own point-of-sale system and API software. Glossier was one of the first beauty companies to prioritize an online presence, and was an early pioneer of social media marketing. In 2018, the company acquired Dynamo, a design firm. Glossier has raised more than $265 million in venture capital funding from investors including Lone Pine Capital, Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, and Thrive Capital. The company has been valued at $1.8 billion.