About this raise: Your skin is your cocoon - and Cocoon Holdings wants to help you take the best care of it possible. They are a discovery platform for the chronic skincare market, where they help women discover products that are suitable for their specific skin type through an app that acts as a mobile skin diary. Users can also share product reviews with each other. After all, over 500 million women suffer from chronic skin conditions globally, and finding the right solution can be challenging. This type of product is so in-demand that Cocoon already has a current conversion rate of 42% regarding sign-ups at an acquisition cost of $1.78 based on just a $430 spend. Plus, their advisors and investors include the former Chief FDA counsel for Revlon and J&J, as well as the founder of PureWow.