10Beauty has acquired Nimble, a robotics company focused on nail care. The deal adds 47 granted patents and a large customer base. It follows 10Beauty's earlier acquisition of Clockwork.
Deal details
Nimble has shipped more than 6,000 manicure machines and 60,000 polish capsules since launch. Its CTO, CEO, and VP of R&D will join 10Beauty. It is the company's second major acquisition in under two years.
Company background
10Beauty is a Boston-based robotics company founded in 2019. It has raised more than $70 million from investors. Backers include Story Ventures, Karlie Kloss, Sara and Erin Foster, Bethenny Frankel, and Victoria Beckham.
How the system works
The company builds a full-service robotic manicure system. It combines computer vision, precision robotics, and a proprietary single-use pod system. The experience is designed to be consistent, convenient, and hygienic.
10Beauty is already live in Nordstrom and ULTA Beauty. It has agreements in place for approximately 850 machines across its first retail partners. Two more enterprise partners in the hotel and gym space are set to be announced soon.