Lone Pine Capital, an American-based hedge fund, led a $80m funding round in Glossier, a direct-to-consumer beauty company, with participation from Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, and Thrive Capital. "When Glossier launched as a digitally native beauty company, we were an anomaly in our industry, which has been slow to innovate beyond brick and mortar. Now, nearly seven years into Glossier’s journey, our strategy and the expectations of beauty consumers everywhere are aligned: beauty discovery increasingly begins online as people look for inspiration from friends and strangers alike, and customers want to move fluidly between immersive and personalized e-commerce and retail experiences. This is the future we’ve always been building for,” Emily Weiss, Glossier Founder and CEO.