Description
Prisma Ventures is Ulta Beauty's strategic venture capital arm, focused on identifying and partnering with companies and technologies in four primary areas: personalized & data-driven technology, tech-powered beauty products & services, AR/VR & metaverse, and new commerce. Beyond capital, the fund offers portfolio companies access to Ulta Beauty's market position, an extensive base of over 40 million active loyalty members and associated customer data, a network of industry experts and innovators, and opportunities for joint in-market experimentation and testing. The team consists of technologists, innovators, entrepreneurs, and financial experts, and it works with startups seeking a strategic investor in the beauty and retail technology space.