After Raising over $3M, Popular VC-Backed Beauty Brand Ami Colé Is Shuttering
HARLEM, NEW YORK, JUL 17 – Ami Colé raised over $3 million in venture capital but closed due to market challenges, inconsistent sales, and declining funding for Black founders amid shifting diversity priorities.
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After raising over $3M, popular VC-backed beauty brand Ami Colé is shuttering
Diarrha N'Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, announced on Thursday the closure of her award-winning beauty startup Ami Colé.
·United States
Read Full ArticleDiarrha N'Diaye-Mbaye Opens Up About Closing Down Ami Colé
By India Espy-Jones ·Updated July 17, 2025 Getting your Trinity Audio player ready… On her brand’s 4th anniversary, founder of Ami Colé Diarrha N’Diaye-Mbaye sat down with ESSENCE for a conversation about how she got her start. Now, a few months later, the beauty brand is officially closing its doors.This morning, the founder announced she’s closing her brand down this September in an article she authored for The Cut. “My beauty brand offered Bl…
Coverage Details
Total News Sources7
Leaning Left5Leaning Right0Center1Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
C 17%
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