This week on the news we saw the launch of Fresha, a London-based app that allows consumers to book salons for haircuts, manicures, pedicures and more. It also raised $132 million to date. The company has over 150,000 salon and professional clients and plans to expand to new countries.
150,000 stylists and professionals
Fresha is a London based software company that makes it easy for hair salons and spas to book appointments with their customers. The company has 150,000 stylists and professionals using its service and has been growing at an impressive rate. Its main revenue stream comes from commissions on bookings. With the support of the $100 million in funding, Fresha will use the money to expand its reach and continue to improve its technology. In addition to its existing clientele, the firm plans to add new categories of companies to its roster.
Although the company has been around for years, its most recent round of funding will help them grow faster than ever. Partech and Target Global both participated in the round. Other notable participants include FJ Labs and General Atlantic.
Plans to expand its list of countries
Fresha is a platform which offers a range of services to individuals and businesses. Its services are designed to provide time saving benefits, embedded features and ease of use. In addition, it offers a free recording platform. This service is available both on mobile devices and desktop.
Fresha is supported by investors in Silicon Valley and Europe. One of the investors in this round is Michael Zeisser, who was the former Chairman Investments at Alibaba Group. Other investors in the round include Lugard Road Capital, Target Global and Partech. The company plans to use the funds to expand the number of countries it operates in, as well as its portfolio of businesses. It will also use the new capital to scale its product development and pursue strategic M&A.
As of this writing, Fresha had a valuation of $105 million after its Series B investment. The company’s Series C round raised $100 million. In total, the company has raised $132 million.
Raised $132 million to date
Fresha is an online platform that helps businesses manage their marketing, accounting, product inventory, staffing, and customers’ records. The platform also includes a physical point of sale, a digital interface, and a subscription service to make booking appointments easier. It was launched in 2015 under the name Shedul, and later changed its name to Fresha in February 2020. Since its launch, Fresha has raised over $132 million in funding, including Series A, B, and C investments. These investors include Partech, Target Global, and Lugard Road Capital.
The new money will be used to expand the business’ global community of partner salons, as well as to develop strategic M&A. The company will also use the funds to expand its marketplace, which gives consumers access to a variety of services. The platform currently offers free subscriptions for businesses to schedule appointments with consumers.
Fresha has been backed by investors from Silicon Valley, New York City, and Paris. However, the company isn’t disclosing the valuation of its company yet.