Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

Jessica Alba's Startup Valued at Almost $1 Billion

New, 2 comments
Jessica Alba and Honest's co-founder, Christopher Gavigan. Image via Getty.
Jessica Alba and Honest's co-founder, Christopher Gavigan. Image via Getty.

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Jessica Alba's startup, The Honest Company, is now valued at almost $1 billion according to a report by the Wall Street Journal. Honest's CEO, Brian Lee, told the WSJ that the company's annual revenue is projected to exceed $150 million by the end of the year, which is three times more than what the company earned in 2013.

The evaluation comes just after the company secured $70 million in a recent round of fundraising. To top things off, Alba is preparing to take Honest public and is considering expanding the company to China. Not bad for a two-and-a-half-year-old e-shop.
· Jessica Alba's The Honest Co. Raises $70M, Preps for IPO [WSJ]
· Jessica Alba's Startup Is Worth Nearly $1 Billion [ValleyWag]
· Honest Company Linked to Chinese Factory With Shady History [Racked]
· Style Secrets from Jessica Alba and The Honest Company Staff [Racked]