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ODDITY Tech Priced, Nasdaq: ODD

Israel-based direct-to-consumer cosmetics and personal care products provider.

Industry: Consumer Staples

Latest Trade: $44.12 +1.00 (+2.3%)

First Day Return: +35.8%

Return from IPO: +23.2%

Industry: Consumer Staples

We are a consumer tech platform that is built to transform the global beauty and wellness market. Our commitment to innovation through our proprietary technology is matched only by our commitment to developing empowering products of the highest quality. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. ODDITY, powered by our first brand IL MAKIAGE, has been the fastest growing global beauty direct-to-consumer platform from 2020 through 2022, according to Women’s Wear Daily. Our first brand, IL MAKIAGE, was also the fastest growing digital, direct-to-consumer beauty brand in the United States through 2021, which is the latest available data from Digital Commerce 360. Our second brand, SpoiledChild, launched in 2022 with the goal of disrupting the wellness category online, and is scaling even faster than IL MAKIAGE. Our success is based on our outsider approach. We are a technology company seeking to reinvent every aspect of a massive industry. Our tech team is the largest team within our company today and comprises over 40% of our headcount. We invest heavily in data science, machine learning, and computer vision, and we have an evergreen commitment to exploring and investing in emerging technologies. Our technology innovations, when combined with our world-class physical product range and compelling brands built to win online, aim to eliminate significant friction for customers and support a seamless end-to-end user experience.
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IPO Data
IPO File Date 06/23/2023
Offer Price $35.00
Price Range $32.00 - $34.00
Offer Shares (mm) 12.1
Deal Size ($mm) $424
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/18/2023
Offer Price $35.00
Price Range $32.00 - $34.00
Offer Shares (mm) 12.1
Deal Size ($mm) $424
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Morgan Stanley
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Company Data
Headquarters Tel Aviv, Israel
Founded 2013
Employees at IPO 265
Website oddity.com

ODDITY Tech (ODD) Performance