NEW YORK — Moira Cosmetics is valued more than $2 billion and will go public in the next few weeks, the company announced Monday.
The company, which made cosmetics for the famous Queen and Queen Elizabeth, has raised $1.9 billion in venture capital, according to a company press release.
The announcement comes as Moira Cosmetics is trying to find its footing after losing its $8.6 billion IPO in 2014.
Moira is now valued at more than a billion dollars, with its $1 billion valuation being more than double what it was in 2015.
Moira will go into public trading on the New York Stock Exchange at 4 p.m.
“I’m very excited to share Moira with you,” Moira founder and CEO Elizabeth Moira said in a statement.
“We are extremely grateful to the investor community for their continued support, and our team of talented and committed investors will continue to drive our future growth.”
Moira is the largest beauty brand in the world, with more than 15,000 stores across the United States, Canada and the U.K. Moiras products include Moira Botanicals, Moira Lip and Moira Eye Brushes, Moirabox, Moire Beauty and Moire Face Brushes.