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Most Innovative Companies

Memebox

Memebox harnesses forecast trending, user engagement, and algorithmic analysis to cater to consumers' growing interest in personalized products: It gives its community of 5 million beauty lovers a say in its next product launch. The data-driven company leverages insights from members to create Korean beauty products in roughly 6-9 months, which is less than half the time it takes traditional retailers.

The cosmetics startup now partners with industry leaders such as Sephora, which utilizes Memebox’s trend-sourcing and product development techniques to create exclusive K-beauty makeup products. 

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2019: Beauty