Whom You Know: BEAUTYCON MEDIA RAISES $9 MILLION AND CLOSES ‘SERIES A’ FUNDING Funding Included Investments by A+E Networks® and Main Street Advisors

Monday, April 3, 2017

BEAUTYCON MEDIA RAISES $9 MILLION AND CLOSES ‘SERIES A’ FUNDING Funding Included Investments by A+E Networks® and Main Street Advisors

Beautycon Media has closed its “Series A” funding, raising 9 million dollars. The announcement was made today by Moj Mahdara, CEO of Beautycon Media. The investment round included funding from A+E Networks, Main Street Advisors, and Live Nation.

Beautycon Media, the leading global community for Gen Z and millennial content creators, celebrities, fans, and brands, is one of the most influential digital media leaders in the fashion and beauty space. The “Series A” Round funding will be used to continue their work making connections for the beauty, fashion, and lifestyle communities through their Beautycon Festivals, Beautycon Box, and Beautycon Digital platforms, with the goal of redefining beauty.

“Beautycon has done an incredible job growing and evolving their business into a major player not only in the experiential marketplace, but also the digital content and ecommerce businesses,” said Nancy Dubuc, President and CEO, A+E Networks. “As a co-founder of Beautycon and a strong supporter of women, Moj has created a global movement for beauty and fashion enthusiasts. We are thrilled to partner with Beautycon, and look forward to exploring a number of synergies particularly with our Lifetime brand.”

“I am excited about the future and looking forward to continuing to develop and grow Beautycon Media to the next level,” said Moj Mahdara, CEO of Beautycon Media. “We will continue to be the go to company for brands to be able to engage directly with their fans in the millennial and Gen Z space and we will continue to elevate the IRL experience for the consumer.”

Additional current investors include: BBG Ventures (AOL’s Venture Fund), Hearst Media, Superfly, MACRO, Third Wave Digital, Troy Carter, Heather Parry, Guy Oseary, James Lassiter, Peter Morton, Tyra Banks, Rachel Zoe, Fullscreen, QueensBridge Venture Partners, Gleam Futures, Storm Models, Bethany Mota, Creative Artists Agency, and more.

About Beautycon Media:

Beautycon Media is THE global community for content creators, celebrities, fans, and brands to come together to celebrate all things fashion, beauty, style, and lifestyle -- the passion points of Gen Z and Millennials. We create meaningful connections for these communities through our Beautycon Festivals, Beautycon Box, and Beautycon Digital, with the goal of redefining beauty and challenging the status quo, while creating a “style” destination for all.

Beautycon Media has been lauded in leading consumer, business, and trade press outlets such as: Wired Magazine, The New York Times, Mashable, Fast Company, Digiday, MTV, and Bustle, as well as spotlighted on platforms like Instagram and Twitter for its focus on diversity and inclusion.

 Moj Mahdara is the Co-Founder and CEO of Beautycon Media, headquartered in Los Angeles.

For more information visit Beautycon.com

About A+E Networks:

A+E Networks®, LLC. is an award-winning, global media content company offering consumers a diverse communications environment ranging from linear channels to websites, gaming, watch apps and educational software. A+E Networks is comprised of A&E®, Lifetime®, History®, LMN®, FYI™, VICELAND, H2™, A+E Studios™, History en Espaňol™, Crime + Investigation™, Military History™, Lifetime Real Women®, A&E IndieFilms®, A+E Networks International®, A+E Networks Digital®, 45th & Dean™, and A+E Networks Consumer Products™. A+E Networks’ channels and branded programming reach more than 335 million households in over 200 territories. A+E Networks, LLC. is a joint venture of Disney-ABC Television Group and Hearst. Follow us on Twitter at twitter.com/aenetworks and Facebook at facebook.com/AENetworks/.

About Main Street Advisors:

Main Street Advisors, Inc. (MSA), based in Santa Monica, CA, is a boutique investment management and advisory firm serving high-profile clients from the media, entertainment, music and sports industries as well as entrepreneurs and other professional investors. Through its investment fund, MSA Enterprises LP, MSA invested in Beautycon Media, Inc. and otherwise invests in emerging growth companies generally in the entertainment, media, sports, consumer, retail and technology fields, where its investors can enhance the exposure and value of portfolio companies through strategic partnerships, endorsements, promotion, marketing and branding. In addition to investing client capital, MSA works closely with its clients and portfolio companies on their businesses, providing strategic advice and helping with the execution of their business plans. MSA has been involved in transactions ranging from the acquisition of the Boston Red Sox and Liverpool Football Club, to the development and sale of Beats by Dr Dre to Apple, to the Beverly Hilton and Waldorf hotel projects in Los Angeles, and the development and expansion of Blaze Pizza.

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