The financing put a value on the company of $1 billion. As of August 2014, the company's products were available at retail stores in the United States and Canada. Honest raised $70 million from venture capitalists in the summer of 2014 in preparation for an initial public offering. In 2013, The Honest Company's sales reached $50 million. The company was launched in 2012 with 17 products. History Jessica Alba, co-founder of The Honest CompanyĬompany co-founder Jessica Alba was inspired by the 2008 birth of her first child and her own history of childhood illnesses to create a company that provided an alternative to baby products with ingredients such as petrochemicals and synthetic fragrances. Honest serves the United States, China, Canada, and Europe. The Honest Company has raised multiple rounds of venture capital, and went public via initial public offering in May 2021, generating over $100 million in capital. Chief Executive Officer Carla Vernón is one of the first Afro-Latina CEO of a U.S.
The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee.