Fresha Raises $52M in Funding; Valued at Over $640M


Fresha, a NYC-based platform for beauty and wellness, raised over $52m extending the recent $100m Series C round, valuing the company at over $640m.

The extension investment was led by Michael Lahyani and BECO Capital, and also included new contributions from existing investors General Atlantic, Partech, Target Global and FMZ Ventures.

The company, which has raised $182M in investment to date, and use the capital to further expand its global community of partner salons and spas, with the goal of accelerating product development and driving marketplace bookings.

Led by Founder and CEO William Zeqiri and Co-Founder and Chief of Product Nick Miller, Fresha enables consumers to discover, book and pay for beauty and wellness appointments with local businesses via its marketplace, while simultaneously offering salons, spas, barbershops and beauty professionals a platform to manage their entire operations with its free business software and financial technology solutions. Its digital ecosystem gives merchants everything they need to run their business by facilitating appointment bookings, point-of-sale, customer records management, marketing automation, loyalty, beauty products inventory and team management.

The company has an extensive base of approximately 60,000 merchant venues, primarily located in the United States, United Kingdom, Canada, Australia, New Zealand and Europe. The platform is used in 120 countries globally and each month, customers book tens of millions of appointments on the platform, processing over $15 billion in gross merchandise volume to date.