According to the Wall Street Journal, The Honest Company, which Jessica Alba founded with Christopher Gavigan, Sean Kane and Brian Lee, has raised $70 million during fundraising rounds. Now, the company is worth nearly $1 billion and is making moves to prepare for an initial public offering (IPO).
This organic and environmentally friendly baby care venture was started by the Hollywood actress in 2012. Now, the company employs 275 people. It sells natural, non-toxic items ranging from household cleaning supplies to baby products.