L’Oréal Inclusive Beauty Fund Recipient: MATTEO PARFUMS

JUNE 30, 2024 — It’s with great pride and gratitude to share that MATTEO PARFUMS is a winner of the prestigious L’Oréal Groupe’s (Global brand entities which include L’Oréal USA, L’Oréal Paris, L’Oréal Luxe, and L’Oréal Dermatological Beauty, and their portfolio brands) 2024 Inclusive Beauty Fund Grant.

Awarded to select beauty brands this year for our industry excellence, community engagement, and inclusive mission to innovate, MATTEO PARFUMS is honored to be among these esteemed brands (and the only AI/Fragrance company awarded). The L’Oréal Inclusive Beauty Fund is administered in collaboration with the NAACP’s Economic Empowerment Fund and Hispanic Federation, respectively, through L’Oréal’s partnership with GlobalGiving. A comprehensive list of the winners are found on the L’Oréal Press Release.

Chief Diversity, Equity & Inclusion Officer of L’Oréal Groupe, Liliahn Majeed comments, “L’Oréal USA is thrilled to celebrate the extraordinary entrepreneurs recognized by this year’s Inclusive Beauty Fund. They are shaping a more inclusive future for the beauty industry, and their commitment to bringing products, services, and education to communities across the nation such that more people feel seen and considered is truly inspiring…To this year’s winners: You are all forces! Congratulations on your selection. Your passion and dedication are critical in our efforts to leave the world better than we found it, and L’Oréal USA is honored to support your journey towards a more inclusive beauty experience for all.”

L’Oréal recognizes the importance of continuing to support beauty entrepreneurs and the true changemakers as this demographic is still facing economic hurdles and headwinds following COVID-19. These challenges limit our potential to scale our businesses and provide essential beauty services to consumers worldwide. This newfound capital and mentorship helps us overcome these roadblocks. For this, MATTEO PARFUMS is grateful and excited! We are ecstatic to be part of the L’Oréal community and backed by a leading beauty company that sees our work and our vision.

About MATTEO PARFUMS

MATTEO PARFUMS is a green science, fine fragrance company. Rooted in neuroscience research, green chemistry, and imaginative inclusivity, we produce happier, healthier, multicultural and personal scent products and technologies. MATTEO PARFUMS is a multiple award-winning, clean niche luxury fragrance brand on a mission to improve our health and well-being. Carried internationally, MATTEO PARFUMS is obsessed with innovating in AI and Olfaction (the sense of smell), thanks to our Founder & Perfumer, Matthew J. Sánchez, whose background in mathematics, AI, chemistry, perfumery, product, and beauty, happily joins these domains for true Founder-Market Fit.

About L’Oréal USA

L’Oréal USA is the largest subsidiary of the L’Oréal Groupe, the world’s leading beauty company. Through its management of over 35 iconic beauty brands, L’Oréal USA has generated more than $10 billion in sales annually. Products are available across all distribution channels including hair salons, department stores, mass market, pharmacies, medi-spas, e-commerce and more. L’Oréal USA’s commitment to growth is generated through sustainable innovation and driven by the company’s L’Oréal for the Future ambition which demonstrates sustainable development across the Groupe’s value chain. The company is headquartered in New York City, employs more than 12,000 people, and operates administrative, research, manufacturing and distribution facilities across 16 states.