FlexyBeauty, a Paris, France-based developer of a SaaS software suite for hairdressers and beauty salons, raised €1.5m in funding.
Newfund made the investment.
The company intends to use the funds to continue to expand its staff and grow the business.
Co-founded in 2014 by Sébastien Beaujard, CTO, Ilan Koskas, CEO, Flexybeauty provides a cloud based platform featuring a cash register software, an integrated appointment manager, a dynamic timetable and a website/mobile app builder.
The company currently has 15 employees and serves more than 1.200 clients in France alone.