THE WHAT? Shavelogic has closed US$100 million in growth capital from Jeffries, with Aon’s Intellectual Property Solutions having played an important role in helping to secure key Collateral Protection Insurance to support the financing.
THE DETAILS Aon used its proprietary intellectual property (IP) valuation platform to value Shavelogic’s IP portfolio, before arranging for IP Collateral Protection Insurance for Jefferies, collateralized by Shavelogic’s IP portfolio and company assets.
The company has also launched its new SL5 razor.
THE WHY? The financial injection has given the company the “opportunity now to introduce our shaving system to consumers who simply don’t know what they’re missing while continuing to improve our product and business to meet our own high standards,” according to CEO, Rob Wilson.
Shavelogic Co-Founder Duwayne Miller said, “Breaking through in an industry like ours takes dedication and teamwork, so having a capital partner like Jefferies is an essential benefit that will help us accelerate market share growth and drive stakeholder value.”
Aesthetic medicine products are developed and regulated to meet stringent safety and efficacy standards. They are typically administered by trained healthcare professionals such as dermatologists, plastic surgeons, and specialized nurses in clinical settings. These products aim to provide effective solutions for cosmetic enhancement, skin rejuvenation, and overall aesthetic improvement, contributing to both physical appearance and self-confidence.
Key categories of aesthetic medicine products include:
-
Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.
-
Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.
-
Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.
-
Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.
-
Body Contouring and Fat Reduction: Devices and products used for non-surgical body sculpting, such as cryolipolysis (cool sculpting) devices and injectable lipolytics.
-
Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.
-
Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.
