This is an installment in a special series, Startup Year One, interviewing startup founders about the major lessons they learned in the immediate aftermath of their businesses’ first year of operation.
At 23-years-old, Olamide Olowe is purported to be the youngest Black woman to raise over $2 million in venture capital funding ($2.6 million to be exact). This year, she and cofounder Claudia Teng founded Topicals, a skincare brand with high-end beauty products intended to treat sensitive skin conditions at lesser price points.
As two young women of color, Olowe and Teng said they grew up settling for products that didn’t really serve them or represent their skin. With Topicals, they want to create an inclusive community around positive and authentic discussions about their skin. And as chronic skin conditions often lead to serious mental health issues as a result of