A+E Networks Invests in Beautycon Media

LOS ANGELES: Beautycon Media has raised $9 million in Series A funding, which included investments from A+E Networks, Main Street Advisors and Live Nation.

Beautycon Media is a global community for Gen Z and millennial content creators, celebrities, fans and brands. It is a leader in the digital fashion and beauty space. The funding will be used to further the company’s work in the beauty, fashion and lifestyle communities through its Beautycon Festivals, Beautycon Box and Beautycon Digital platforms.

“Beautycon has done an incredible job growing and evolving their business into a major player not only in the experiential marketplace but also the digital content and e-commerce businesses,” said Nancy Dubuc, the president and CEO of A+E Networks. “As a co-founder of Beautycon and a strong supporter of women, Moj has created a global movement for beauty and fashion enthusiasts. We are thrilled to partner with Beautycon, and look forward to exploring a number of synergies particularly with our Lifetime brand.”

“I am excited about the future and looking forward to continuing to develop and grow Beautycon Media to the next level,” said Moj Mahdara, CEO of Beautycon Media. “We will continue to be the go-to company for brands to be able to engage directly with their fans in the millennial and Gen Z space and we will continue to elevate the IRL experience for the consumer.”