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L'Oreal USA Announces Winners Of 2019 Women In Digital Next Generation Awards

NEW YORK: L'Oreal USA announced the winners of the 2019 Women in Digital NEXT Generation Awards, a program-now in its seventh year-that supports female leaders who are building technologies that have the potential to revolutionize the beauty industry.

The three winners of the 2019 Next Generation awards, each of whom will receive $25,000 in grant funding, include Mandi Nyambi and Lanya Olmsted, the co-founders of Baalm, an online community for beauty; Lisha Li, the founder of Rosebud AI, a technology that lets users virtually try-on makeup, hairstyles and clothes from any social media photo; and Alyssa Min and Sunny Kim, the co-founders of Seknd, a smart beauty discovery platform for personalized product recommendations.

Entry to the 2019 competition was an open call to all women leaders who are inventing and building new technologies and interfaces, beauty services, communities and digitally native brands that address the needs of the modern beauty consumer.

Understanding the importance of community for early-stage entrepreneurs, this year L'Oreal USA expanded upon its efforts to support this network, creating an inclusive, virtual Women In Digital community on the Alice platform that will continue to exist year-round as a resource for participating entrepreneurs from all over the United States.

This year we received over 450 nominations, representing a diverse group of women from all over the country. Narrowing this down was a tremendous challenge for our teams and judges, as we saw so many innovative early-stage companies founded by women whom I expect will all have an impact on the future of this industry, said Rachel Weiss, VP of Strategic Growth and Open Innovation at L'Oreal USA. Although the landscape has changed quite a bit in the past seven years, we know there are still challenges for female founders. We are really honored to have the opportunity to help these entrepreneurs kick-start their businesses.

The three winners of the Women in Digital NEXT Generation Award were selected by a panel of expert judges, featuring L'Oreal executives—including Gretchen Saegh-Fleming, CMO of L'Oreal USA, Carol Hamilton, Group President of Acquisitions for L'Oreal USA, and Lisa Price, the founder of Carol's Daughter—and leaders from the beauty and tech industries, including Cheryl Cheng, General Partner, BlueRun Ventures; Elizabeth Gore, President, Alice; Kirsten Green, Founding Partner, Forerunner Ventures; Desiree Gruber, CEO, Full Picture, and co-founder, DGNL; Sarah Kunst, Managing Director, Cleo Capital; Kat Manalac, Partner, Y Combinator; Ann Miura-Ko, Founding Partner, Floodgate; and Nicole Quinn, Partner, Lightspeed Venture Partners.

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L'Oreal USA Announces Winners Of 2019 Women In Digital Next Generation Awards

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