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Home»Spotlight»Olamide Olowe: Nigerian-American Businesswoman Making Waves In The Beauty Industry
Spotlight

Olamide Olowe: Nigerian-American Businesswoman Making Waves In The Beauty Industry

Olowofela AdebanjiBy Olowofela AdebanjiFebruary 28, 2024Updated:April 25, 2024No Comments4 Mins Read
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Olamide Olowe: Nigerian-American Businesswoman Making Waves In The Beauty Industry
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Nigerian-American Olamide Ayomikun Olowe got in the spotlight after she became the youngest black woman to raise a whopping $10 million funding for her business, Topicals, which she co-founded with Claudia Teng, before its launching.

Led by CAVU Consumer Partners, the Series A round also included investments from Jay-Z’s Marcy Venture Partners, Kelly Rowland, Gabrielle Union, Yvonne Orji, Bozoma Saint John, and Hannah Bronfman, per a press release.

Claudia Teng and Olamide Olowe
Teng and Olowe

She raised total of $14.8 million for her business by age 26.

Born on October 27, 1997, Olamide Olowe is a dynamic and accomplished lady known for her contributions in the beauty world. Her journey to success is marked by determination, resilience, and a passion for entrepreneurship.

Olamide Olowe Career

Olamide Olowe worked in operations of SheaGIRL Beauty, Sundial, which was later acquired by Unilever, from November 2015 to November 2017. She also worked as a Venture Capital Analyst intern at JUMP Investors from March 2017 to May 2017.

She was a Student-Athlete Mentor at the University of California from October 2015 to October 2017 as well as an athlete between August 2014 and June 2018. She founded Athletes in Management and served as its President from June 2017 to June 2018.

She obtained a Bachelor of Arts degree in Political Science and Entrepreneurship (Pre-Medical Track) at the University of California in 2018. Prior to that, she obtained a Certificate of Completion, Summer Venture in Management, from the Harvard Business School in 2017.

She had a stint as an Advisor at Serve Your Truth.

Olamide Olowe is the Chief Executive Officer and co-founder of Topicals, a cosmetic outfit founded in September 2018.

With a keen eye for innovation, she played a pivotal role in the success of Topicals at Sephora. Her commitment to excellence not only earned her the respect of her peers but also positioned her as a role model for aspiring professionals in her field. Her business sold one product every minute in 2022.

Following her own challenges dealing with acne, Olowe’s aim in founding Topicals was to support people who struggle with skin conditions such as hyperpigmentation and dark spots.

“Storytelling is the heartbeat of what we do at Topicals,” Olowe says.

“It starts with media, it starts with mental health, it starts with all of us believing that we don’t have to subscribe to certain beauty standards.

“Beyond disrupting the ointment category, Topicals helps people accept and embrace flare-ups and have fun taking care of themselves. As someone who grew up with chronic skin conditions, it’s so rewarding to see people talking about their skin journeys in a positive way.”

Forbes named her on the 30 Under 30 – Retail & E-Commerce in 2022.

Olamide Olowe Net Worth

Olamide Olowe is the youngest black woman to raise over $10 million. However, very little is known about her net worth.

Olamide Olowe Achievements

Olamide Olowe

Olamide Olowe’s list of achievements is extensive and diverse. She has been honored with 30 Under 30 – Retail & E-Commerce place in 2022, showcasing her impact and influence in her industry. Her ability to navigate challenges and turn them into opportunities has been a key factor in her success story, helping her to raise a total of $14.8 million for her business by age 26.

Olamide Olowe family

Details about her family life are unknown, reflecting her commitment to keeping personal matters away from the public eye. However, her dad is Joseph Olowe, Chief Executive Officer of DoktorConnect.

ALSO READ: Ayo Edebiri: Get to know American-Nigerian actress who won 2023 Golden Globe Award

Olamide Olowe age

As of February 2024, Olamide Olowe is 26 years old. Her youthful energy and forward-thinking mindset continue to drive her towards new heights in her professional life.

Olamide Olowe Instagram

For a glimpse into Olamide Olowe’s professional and personal life, her Instagram account @OlamideaOlowe serves as a platform where she shares updates, insights, and moments from her journey. Followers can stay connected with her latest ventures, thoughts, and experiences through this social media channel.

Conclusion

This biography captures the essence of Olamide Olowe’s remarkable life, showcasing her achievements, values, and the impact she has made in her career and beyond.

Olowofela Adebanji

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