RALEIGH – Virtue Labs, maker of products that utilize the proprietary hair-healing protein Alpha Keratin 60ku®, could raise as much as $12 million in additional equity funding, according to an SEC filing.
And the company has already closed $3,661,481 from three investors, according to the filing, made late last week.
The company last raised $28.6 million from 26 investors, closing the round in 2020. Previously, the company had raised nearly $22.8 million in 2018.
The company also received a boost from the actress Jennifer Garner in 2019. Garner said in a statement in 2019 that she “was introduced to Virtue hair care products a couple of years ago by my long-time friend and hairstylist, Adir Abergel, who is the Creative Director of the brand.”
The company could not be reached for comment.