History
The company was founded in July 2012 by Andy Katz-Mayfield and Jeff Raider, who met at Bain & Co.[7] It launched its direct-to-consumer subscription service in March 2013.[12]
The original products were designed by Prime Studio Inc., and the branding was developed by the creative agency Partners & Spade (now known as Mythology), who collaborated to create the company's initial range of launch products and packaging.[13][14]
In January 2014, Harry's acquired the German razor blade manufacturer Feintechnik for $100 million,[15][8] in an effort to provide control over the entire process of manufacturing their products.[16][17]
In 2015, the company received a third-round financing of US$75.6 million.[18][19] In an interview published in July 2016, Katz-Mayfield said Harry's had two million customers.[20]
By January 2017, its shaving products were also available at Target and Walmart stores.[21] In late June, it started selling its products in the United Kingdom.[22]
In February 2018, Harry's raised $112 million in Series D funding co-led by Alliance Consumer Growth and Temasek co-led, with participation from Tao Capital Partners.[23] In October, Harry's launched Flamingo, a women's skin care brand.[24]
In May 2019, Edgewell Personal Care, the owner of the Schick brand of shaving products, announced plans to purchase Harry's for $1.4 billion.[9][10][25] The merger was intended to finalise by the end of the first quarter of 2020.[10]
On February 3, 2020, the Federal Trade Commission sued Edgewell to block the merger, stating that bringing Schick and Harry's together could hurt competition[11] and Edgewell backed away from the deal.[26]
In March 2021, Forbes reported that Harry's had raised a Series E round at a $1.7 billion valuation.[27] In December, Harry's announced it would acquire deodorant brand Lumē for an undisclosed price.[28]
By 2023 the product line generated $300 million out of a total $750 million in annual revenue for the company.[29] In 2025, a year after Reuters reported that Harry's had filed to go public in an IPO,[30] the firm unveiled its first major rebrand since launching in 2013, updating its logo, packaging, website, and visual identity.[31]