we are onyx

we are onyx

we are onyx

The numbers do the talking a $20 CAC against $120 LTV with 68% margins is the kind of unit economics that makes a consumer subscription model fundable at any stage

The numbers do the talking a $20 CAC against $120 LTV with 68% margins is the kind of unit economics that makes a consumer subscription model fundable at any stage

Company Name

we are onyx

About Company

We Are Onyx is a beauty subscription service built specifically for Black women, delivering curated product boxes alongside content and e-commerce targeting a $17.5 billion market that legacy retailers had largely ignored. By January 2017, the company had reached $54K MRR with a 6:1 LTV-to-CAC ratio and 61% month-over-month signup growth.

We Are Onyx is a beauty subscription service built specifically for Black women, delivering curated product boxes alongside content and e-commerce targeting a $17.5 billion market that legacy retailers had largely ignored. By January 2017, the company had reached $54K MRR with a 6:1 LTV-to-CAC ratio and 61% month-over-month signup growth.

Founded

2012

Year

2012

Stage

Seed

Industry

📦 Other

Website

Pitch Deck:

Pitch Deck Details:

We Are Onyx built its pitch deck around a simple bet: the $17.5 billion Black beauty market was being ignored, and a subscription box could fix that. The deck is eight slides. It doesn't waste a frame.

The opening slide does the job fast, with a high-quality photo of the branded OnyxBox surrounded by actual products. No mission statement wall of text, no generic founder intro. You immediately know what the product is and who it's for. That clarity carries through every slide that follows.

How the Deck Opens the Problem

Slide three cuts to the core tension. Two phrases, side by side: "Lack of Guidance" and "No Access to Product." Beneath them are logos from Macy's, Sephora, Bloomingdale's, Target, Walgreens, and CVS. The implication is obvious: these retailers exist, but they aren't serving Black women. The founders don't explain this at length. They show it and move on. That restraint is deliberate and effective.

The market slide follows with two numbers: $17.5 billion in annual Black beauty spend, and 80%. The deck doesn't spell out what the 80% refers to, a calculated choice that forces investors to ask the question, creating a natural conversation starter in the room.

Where the Deck Gets Strong

The traction and unit economics slides are where this deck earns its credibility:

  • $54K MRR as of January 2017

  • +43% month-over-month revenue growth

  • +61% month-over-month new signups

  • CAC: $20 | LTV: $120+ | Margin: 68%

That LTV-to-CAC ratio of 6:1 is hard to argue with. Founders who understand what data investors expect in a first pitch deck know these numbers are exactly the signal early-stage investors want to see. Unit economics this tight, presented this cleanly, removes a significant portion of the skepticism a consumer subscription model usually carries.

The solution slide uses three words: Content, Discovery, Retail, paired with a video screenshot, the OnyxBox, and a laptop showing a clean e-commerce layout. The three-pillar framing signals that this isn't just a box business. It's a media and commerce play.

Team Slide and Closing

The team slide is titled "Beauty & Brains" and shows co-founders Delali (Head of Product) and Myriam (CEO), along with four additional team members. Below the photos runs a credibility row: CAA, Harvard, HBO, J.P. Morgan, Facebook, WME, Intel, and Howard University. That lineup does real work; it tells investors the founders have access to talent, media relationships, and institutional knowledge. For a startup at this stage, that context matters.

The deck closes with a summary slide repeating the three headline numbers: $17.5B market, +61% MoM signups, $54K MRR. If an investor only remembers three things, these are the right three.

Founders building their own decks can use SheetVenture to identify which investors are actively funding consumer subscription and beauty verticals, matching traction like Onyx's to the right capital sources.

This Pitch Deck is taken from PitchDeckHunt.

SheetVenture helps founders identify the right investors before they even open a deck, using real-time data from the market's most active private equity database.

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What makes the We Are Onyx pitch deck structurally effective?

It leads with traction data and unit economics before explaining the business model, which immediately reduces investor skepticism. The problem is shown visually rather than written out, which keeps the deck concise and forces engagement.

How does the deck handle the market size slide?

It presents $17.5 billion and 80% without full context, a deliberate framing choice that invites investor questions in a live pitch. Slides that create curiosity gaps tend to generate better conversations than those that over-explain. You can learn more about how investors validate market size claims from founders.

How can SheetVenture help founders find the right investors for a pitch like this?

SheetVenture's intelligence platform tracks active investors by stage, sector, and recent deal history, so founders can target VCs who are actually writing checks in their space. It removes the guesswork from building an investor list before you send a single email.

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Filter by stage, sector, and exact geography.

Access 30,000+ verified, daily-updated active

Find active investors, validate your market, and raise with confidence. Powered by AI and real-time deal data.

Understand your market in real-time.

Filter by stage, sector, and exact geography.

Access 30,000+ verified, daily-updated active