# Prisma Ventures

Prisma Ventures is a Venture Capital based in Bolingbrook, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Bolingbrook, United States
- **Region:** North America
- **Address:** Bolingbrook, IL, United States
- **Assets under management:** Undisclosed
- **Website:** ulta.com
- **LinkedIn:** https://www.linkedin.com/company/prismaventures

## Regulatory record

- **Reports private funds:** No

## About

Prisma Ventures is an early-stage venture capital fund managed by ULTA Beauty, located in Bolingbrook, Illinois.

## Sectors

- Luxury
- Retail
- Enterprise Software
- Digital Health

## Questions

### How is Prisma Ventures structured in relation to Ulta Beauty?

Prisma Ventures is a wholly owned corporate venture unit that invests directly from Ulta Beauty's balance sheet. It does not raise commingled funds from outside limited partners, nor does it report as a separate registered investment adviser. Investment decisions are governed by Ulta's corporate treasury and strategy leadership.

### Does Prisma Ventures offer any commercial advantages to portfolio companies?

Yes. As a corporate venture arm of the largest US specialty beauty retailer, Prisma can offer portfolio companies direct access to Ulta's 1,350 physical stores, its loyalty program with over 40 million members, and its e-commerce platform for pilot programs and scaled distribution.

### Does Prisma Ventures invest internationally or only in the United States?

The group is domestically oriented, aligned with Ulta's US-only retail footprint, but reviews technologies internationally where beauty innovation is concentrated — particularly South Korea, France, and Israel — often leading to partnerships or joint development rather than direct equity stakes.

### How allocators can track Prisma Ventures' portfolio and performance?

Prisma Ventures does not publish a public portfolio list or disclosure of assets under management. Ulta Beauty's SEC filings do not break out the venture unit's balance-sheet investments as a separate segment, so external allocators rely on startup funding announcements and Crunchbase's recorded rounds linked to Ulta Beauty to piece together holdings.

## Related profiles

- [Prisma Capital](https://altss.com/profile/prisma-capital)
- [Prism Capital](https://altss.com/profile/prism-capital)

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Last updated: 2026-05-29T11:37:55.910Z

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