![]() ![]() ![]() We look forward to supporting Jeremy and the team as they continue to expand and serve more customers." "Face Reality has experienced tremendous growth over the last two years, expanding its community of estheticians and tripling its revenue. "Face Reality's highly personalized, protocol-based approach sets them apart from others in the industry," said Sonya Brown, general partner at Norwest. "Our team has worked hard to provide life-changing skin care products to people with acne, and we are excited to partner with Sonya and the team at Norwest as we continue our journey." "Our partnership with Norwest allows us to increase support of our current channels, especially for our estheticians, and at the same time, continue to deliver the innovative new products our customers have come to love," said Jeremy Soine, CEO of Face Reality. She brings two decades of investment experience, including collaborations with MAËLYS and PCA Skin. Sonya Brown, Norwest general partner and co-head of the firm's equity growth team, will join the brand's board of directors. ( Face Reality works with licensed estheticians across the country, who receive training and become certified in the company's proven protocol for treating acne.) Details of the transaction were not disclosed. Ryan McDonald was promoted to principal on the healthcare team.Face Reality Skincare has received an investment from Norwest Venture Partners to accelerate growth, scale operations and boost product innovation for its personalized, prescription-free acne care solutions.Stew Campbell and Ran Ding have been promoted to partners on the growth equity team.Parker Barrile and Dror Nahumi each have been named co-sector heads of the consumer and enterprise teams, respectively. ![]() Prior to Norwest, Zilberman was managing director at Comcast Ventures, where he made notable investments in DocuSign, EdgeConneX and Slack.Īdditionally, several senior leaders have been promoted within the firm: Dave Zilberman, who joined the firm as the newest general partner on the enterprise team in 2020.Some of her notable investments include MDLIVE, Mirum Pharmaceuticals and Nkarta Therapeutics. Tiba Aynechi, who will join as a general partner on the healthcare team in January 2022, following 11 years at Novo Holdings A/S, where she focused on early- and mid-stage biotechnology, medtech and healthcare IT.The firm also announced several key hires and promotions, including: The firm has a long track record of working with visionary founders and CEOs – from companies such as Dave, Gong, Ritual, Swiggy, Udemy and Vuori. Sonya Brown, general partner, Norwest has invested in more than 650 companies and currently partners with more than 200 companies in its venture and growth equity portfolio. The fund invests globally, with offices in North America, India and Israel. Norwest will continue to employ a multi-stage, multi-sector approach to investing in leadership teams capable of building paradigm-shifting businesses across consumer, enterprise and healthcare sectors. The new fund, which brings the firm’s total capital under management to $12.5 billion, will target innovative companies with transformational businesses, empowering its portfolio leaders with the resources and connections to enhance their growth and create sustainable value. ![]() Norwest Venture Partners, a Palo Alto and San Francisco, CA-based venture capital and growth equity investment firm, closed a $3 billion fund, Norwest Venture Partners XVI, LP. ![]()
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