⏰ TL;DR (Too Long; Didn't Read)

<aside> ☝ Cubist develops and distributes innovative beauty and skincare products. The company is now set to integrate proprietary AI personalization solutions with its products

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💡The Idea

• Cubist develops and internationally distributes innovative solutions for beauty and skincare under the brand name FaceFactory
• Existing products include:
  • Hardware devices, such as the electronic face masks, Z-Peeling machine, Rink Shot (skin firming device), and the Cell Liner (Electronic Skin Massager)
  • Cosmetics, such as creams, oils, and Serums
• Using specialized and proprietary AI developed from a large dermatological sample database, Cubist is creating a personalized aesthetics recommendation engine. This engine can advise people on which products to use and how to use them based on their specific skin type and condition.

🥇Benefits

• Professional-level cosmetic treatments in the comfort of your home
• Tried and tested methods for better results

💵Business Model

• In Korea - D2C of aesthetic hardware and cosmetics
• In USA - D2C through local channel partners and e-commerce stores

🌎Market data

• The global non-invasive aesthetic treatment market size was valued at $61.2 billion in 2022 and is projected to expand at an annual rate of 15.40%, reaching $190.5 billion by 2030. The US is the largest market with a 35.4% market share.

🚀Status

• 10+ number of products commercialized