Vagaro Raises Funding; Achieves $1 Billion Valuation


Vagaro, a Dublin, Calif.-based cloud-based business management platform for beauty, fitness and wellness businesses, raised a new round of funding of undisclosed amount.

The round, which valued the company at $1 billion, was led by FTV Capital.

The company intends to use the funds to:

  • enhance its product offering for health and wellness businesses,
  • expand internationally,
  • continue the development of tools for businesses.

Led by Fred Helou, founder and CEO, Vagaro develops all-in-one business management platforms and online marketplaces for the salon, spa and fitness industries. Businesses in the United States, Canada, the United Kingdom and Australia use its cloud-based software to manage all aspects of their operations, to book appointments, manage inventory, collect rent, run payroll and more and to market their services to local customers.