At DRVE, we love working with brands able to explore shifts in the way we live (AXIS, Heima), the way we consume (HIP, Stojo), and the way we take care of ourselves (Allies of Skin, PSA, Sahajan, Exertier, Fairytabs, Skinnies). Our approach to growth involves playing the long game and being ready to provide strategic support to accelerate businesses.
As a result, we are thrilled to announce that DRVE’s CEO Oliver Mauss is joining the board of ALLIES to support the beauty company’s continued growth. It’s an exciting new milestone in our long-term journey with Allies of Skin and PSA!
Mauss, entrepreneur-turned-investor, founded DRVE in 2018 to back unique ecommerce brands and help them scale their online sales. As he puts it: “We are proud to invest and work with great companies like ALLIES because they are a great example of a brand putting consumers at the center of what they do. With ALLIES, customers can definitely zero in on the right products and optimize their skincare routine with clinically proven treatments.”
ALLIES is designed for busy go-getters and was launched by Nicolas Travis with a simple goal in mind: to create smart, effective products for the modern-day professional.
“We are thrilled to welcome Oliver as both an investor and a board member. Oliver’s analytical prowess and advice have steered us to growth and DTC conversion rates that we could not have achieved ourselves as a resource-limited young start-up. We are excited to continue our growth path with Oliver and DRVE’s guidance as we enter new markets and territories”, said Travis.
ALLIES & DRVE
The clinical skincare company started working with DRVE in November 2019. Before this, ALLIES had tried to boost their online growth with limited success and was looking for an investment and growth partner to operate its online sales channels.
During the holiday season of 2019 DRVE worked on how to improve the brand’s paid growth efforts and drive more online sales. The results were outstanding and they led the brand to achieve its highest online revenue in the history of the business until that moment. Fast forward a year and ALLIES had grown its revenue 100x and continued to increase its global scale reach.
As an investment firm and growth partner, we are constantly in the search for ambitious founders launching innovative products and services that capture cultural shifts, and ALLIES encapsulates all this. In addition, their team is uniquely positioned and on a clear mission to deliver high-quality products to consumers that want a great shopping experience.