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From Women-Pay-More to $310 M Exit: How Billie Shook Up Razors

Georgina Gooley & Jason Bravman turned a simple price injustice into a razor/beauty brand, built loyalty, expanded into retail and sold to Edgewell — here’s the tactical breakdown.

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👋 Hey Deal Lift readers

Today we’re diving deep into Billie, the razor-and-body-care brand that took on the so-called “pink tax,” built a culture movement, and exited for $310 million. If you’re launching a consumer brand, this one’s a gold mine of lessons: brand mission, DTC strategy, influencer growth, retail penetration, and acquisition timing. Let’s unpack it.

🧠 The Spark: Price, Gender & Founders’ Frustration

Back in 2017, co-founder Georgina Gooley noticed a simple but infuriating pattern: when buying razors, women’s versions cost more than men’s — same blades, same function, higher price. This is the “pink tax.”

Georgina and her co-founder Jason Bravman — with backgrounds in advertising and consumer brands — realized they were looking at a clear gap: a chance to create a brand built on parity, simplicity, and trust. That became the idea for Billie.

They didn’t just want to sell razors. They wanted to reframe the shaving experience for women — from shame or gender penalty to empowerment and fairness.

🛠️ Execution Timeline: How Billie Got Built

Here’s the year-by-year breakdown of the rise:

Year

Milestone

Why it mattered

2017

Billie launches as DTC brand. Seed round raised; brand concept built around “women pay more & deserve better.”

Strong brand message from Day 1.

2018

First ads show women with body hair — a bold creative break from razor norms.

Cultural positioning + differentiation.

2019

Raised $25 million Series A, total funding over ~$35 M.

Capital to scale product + marketing.

2021 (Nov)

Acquired by Edgewell Personal Care Company in an all-cash deal of $310 million.

Major exit — validation of strategy + brand value.

2022

Post-acquisition: enters retail-brick & mortar (Walmart, Target, CVS) after building DTC foundation.

Broadening reach, scaling channel mix.

2023 onwards

Expands product line into body care and other categories. Focus shifts from “razors for women” to “women’s lifestyle brand.”

Scalable brand beyond blades.

🎯 Why It Worked — Four Strategic Levers

1. Mission + Narrative

Billie didn’t just sell blades. They sold fairness and culture. The “pink tax” message resonated. That emotional resonance became their moat.

2. Design & Branding

Sleek packaging, relatable campaigns (body hair in adverts), social-first creative. They looked and felt like a brand made for you, not just marketed at you.

3. Channel Strategy — DTC First → Then Retail

Started direct-to-consumer, built brand & community, then expanded into retail once validation was strong. This gave control + margin early, then scale + distribution later.

4. Exit Timing & Acquisition Strategy

Acquired by Edgewell for $310 M in 2021. That was smart: they didn’t try to be a $1 B unicorn. They built a strong brand, proved growth, and exited at the right moment.

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🧩 Tactical Breakdown: What Founders Can Steal

  • Message matters: Your brand should fight a real injustice or reflect a real insight. Billie’s: women paying more for the same blades.

  • Visual boldness: Showing women with body hair in ad campaigns? That’s gutsy. It defines you.

  • Build brand before retail: DTC gives you control, data, community. Then you scale.

  • Product line expansion = future growth: Billie moved from razors → body care. Not being just a razor brand.

  • Exit is a tactic, not a dream: Building to $310 M exit means you might miss unicorn splash—but you win real $$ plus legacy.

🔍 Additional Insights You Might’ve Missed

  • Billie’s product philosophy: performance + fairness. Not just “we cost less,” but “we work great and don’t penalize you because you are a woman.”

  • Retail expansion accelerated post-acquisition. Edgewell’s distribution muscle helped take Billie from DTC-only to mass shelves.

  • Culture branding: By focusing on women’s voices, diversity, body positivity, they built community loyalty beyond price or blade count.

  • Scalability: The acquisition allowed Billie to tap supply chain, manufacturing, retail channels faster than pure DTC could.

  • Growth beyond razors: Soon you’ll see Billie in body wash, deodorant, grooming kits — turning into a lifestyle brand, not just a razor.

🧠 Final Thoughts

Building a billion-dollar brand doesn’t always start with a crazy tech invention.
Sometimes it starts with “I noticed something unfair.”
Georgina Gooley and Jason Bravman turned a simple insight into a brand explosion.

Here’s what matters:

  • Clarity of vision (no pink tax + high performance)

  • Bold branding (break norms, show the truth)

  • Smart channel sequencing (DTC → retail)

  • Growth timing + exit strategy

If you’re a founder building consumer brand — take this one to heart.
Your next big idea might be less about “new tech” and more about “fairer, smarter product for the ignored consumer.”

✅ Deal Lift Takeaway

Playbook Title: The Billie Brand Framework
Key Moves: Mission-driven product, brand before channel, scaled exit.
Apply This: Find the consumer injustice. Build the product. Communicate it boldly. Scale the brand. Exit strategically.

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