How I Built Three Ships Beauty into a Million Dollar Company and Raised Angel and Venture Funding
Laura Burget speaks with National Angel Capital Organization at the NACO Studio.
Laura Burget
Co-Founder
Three Ships Beauty
Laura Burget is the co-founder of Three Ships, an effective and natural skincare brand focused on transparency, that is transforming the clean beauty space with accessible products. From farm to shelf, each product includes science-backed plant-derived ingredients, no fillers or chemicals, and is housed in 100% recyclable packaging. Better for the planet and better for the skin, Three Ships promises to deliver uncomplicated skincare backed by natural ingredients and real science. Laura spearheads product innovation and formulations, operations, back-end production and financials.
Laura is a life-long supporter of businesses with high ethical standards. Her journey into
entrepreneurship began at the ripe age of 9 when she sold handmade crafts and jewelry at her elementary school to raise money for endangered animals. While in school at the University of Toronto for Chemical Engineering, she even ran two businesses on the side. It was through these experiences that she fell in love with entrepreneurship and became fascinated with creating something from nothing.
She began using coconut oil to remove makeup naturally but was frustrated by the mess it created. After looking for a natural, yet effective and more convenient alternative, Laura was unable to find anything on the market. In 2016, a mutual friend introduced Laura to Connie Lo. Both frustrated about the lack of affordable, clean skincare on the market, the two took their $4,000 CAD and began creating their own formulations in their apartment kitchens with the goal to one day create the most transparent natural beauty brand in the world. In 2017, Three Ships was officially born.
When Laura is not focusing on Three Ships, she enjoys hikes outside of the city, going to the gym, exploring new restaurants with friends, and participating in any form of competition (especially board games).
Laura is in the Forbes 30 Under 30 Class of 2022, winner of the EY Entrepreneur of the Year® in Ontario (2022), RBC Canadian Women Entrepreneur of the Year (2021), and appeared on CBC’s hit show Dragons’ Den (Canada’s Shark Tank).
About NACO Summit:
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About National Angel Capital Organization:
National Angel Capital Organization (NACO) members have invested $1.54 billion into more than 2,000 entrepreneurial companies. Angel investors are individuals and pre-institutional funds that put their capital at risk in the early-stage ecosystem. This includes individual Limited Partners (Angel LPs) that invest passively or semi-actively in venture capital funds; family offices and funds that invest in pre-seed and seed stage companies, and individuals that invest directly into early-stage companies on their own or with the support of an angel collective. Angel investment fuels the pipeline of companies that grow to raise venture capital and scale into the global success stories of the future.