Rich Gersten

Co-Founder and Managing Partner, True Beauty Ventures
Rich Gersten is a multi-decade beauty and personal-care specialist who backs category-defining brands, runs a concentrated, high-conviction portfolio, and advises founders on exits, M&A, and company building.
How to contact Rich Gersten
Stages their fund invests in
N/A
Avg Check
$100K - $5M
N/A
Does their fund Lead?
No
N/A
Geos their fund invests in
USA
Rich Gersten
Stages their fund invests in
N/A
Sectors their fund invests in
Consumer
CPG / D2C
Health
Under-represented founders
Ecommerce
N/A
Avg Check
$100K - $5M
N/A
Leads?
No
N/A
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About Rich Gersten

Rich Gersten is a venture capital investor at True Beauty Ventures who has spent his multi-decade career focused almost exclusively on beauty and personal care investing, giving him a reputation as a beauty specialist who has backed numerous category-defining brands. He runs a highly concentrated, high-conviction portfolio and regularly appears on industry podcasts to educate founders about beauty exits and M&A realities, positioning himself as both a hands-on company builder and advisor on the practical aspects of selling to strategic buyers.

About their Fund

True Beauty Ventures

Sectors
Consumer, CPG / D2C, Health, Under-represented founders, Ecommerce
Rounds
Series A
Avg Check Size
$100K - $5M

True Beauty Ventures is a beauty and wellness venture capital fund co-founded by a Latina former beauty operator and a long-time beauty private equity investor, creating an unusual 50/50 GP team that combines hands-on brand-building experience with decades of sector-focused institutional investing. The fund writes $1–5M equity checks into indie brands with ~$2M+ in revenue using a hybrid PE/VC model that applies private-equity-style deep diligence and concentrated bets while investing at early-stage VC check sizes, explicitly rejecting the "spray and pray" approach common in consumer VC.

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