IPSY is an acronym that stands for Independent Production Services, Inc. It is a company based in Los Angeles, California that provides production services to creators and content owners. The company was founded by YouTubers Michelle Phan and Emily Weiss in 2014 as a way to provide resources and support to independent beauty and fashion content creators. IPSY offers monthly subscription boxes filled with samples of beauty, skincare, and makeup products for women. The company has since expanded its offerings to include men's grooming boxes and other lifestyle-related subscriptions as well.