Squire Technologies, a NYC-based barbershop management and POS system provider, raised $60m in Series D funding.
The round, which brought valuation to $750m and the total raised to approximately $165m since inception, was led by Tiger Global, with participation from existing investors ICONIQ Capital, Charles River Ventures and Trinity Ventures.
The company intends to use the funds to further scale its sales and engineering teams.
Founded in 2015 by Songe LaRon, CEO, and Dave Salvant, President, Squire provides a full-scale barbershop management and POS system providing support for shop owners to both scale their business and increase clientele, while also reducing the amount of time spent in back-office operations via tools such as Point of Sale, Scheduling, Payroll, CRM, and a host of other features. The company serves independent professionals, stand-alone locations, and multi-location franchises.
Squire has offices in New York City and Buffalo, NY, maintains operations in 35 major cities across the United States, Canada, and the United Kingdom and has over 175 employees.