Removery Receives $50M Investment from Elliott Investment Management

Removery

Removery, an Austin, Texas-based specialized provider of tattoo removal, change, and fade services in North America, received a $50m strategic investment from affiliates of Elliott Investment Management L.P.

The company will use the funds for domestic and international expansion.

Formed in 2019 through the merger of four leading tattoo removal brands and led by Tom Weber, CEO, Removery is an innovative tattoo removal company with 40 locations across the U.S. and Canada. Collectively, its laser specialists have completed more than 250,000 laser tattoo removal treatments.

This is the third capital round for Removery since being founded and initially funded by Australian incubator Normanby Capital (headed by Mark Evans and Chris Chambers), their longtime collaborator Peter Chapman and key members of the management team.

FinSMEs

21/01/2021