Bloomberg Reports: Exvin Achieves $50M Pre-Seed Valuation, Poised for Impact in Men's Grooming Industry
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Exvin, an innovative startup focused on luxury intimate care products for men, has announced a pre-seed valuation of $50 million, even before its official product launch. The company was founded by Jose Briceno and Oscar Hernandez and aims to revolutionize men's intimate care by offering high-quality, innovative, and luxury products. Their flagship product is an intimate fragrance for men designed to boost confidence and promote overall wellness. The impressive pre-launch valuation is attributed to the company's rigorous R&D efforts, the uniqueness of its products, and the existing gap in the market for luxury men's intimate care items. The official product launch is scheduled for June 30th, 2023. With a waiting list of around 3600 people and exclusive distributors for Latin America, Exvin is inviting potential investors and customers to join their mission to redefine intimate care standards for men. Read the complete article here