HomeUSAGlossGenius Raises $28M in Series C Funding

GlossGenius Raises $28M in Series C Funding

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GlossGenius

GlossGenius, a New York-based provider of a business-in-a-box platform for small businesses in the beauty and wellness sector, raised $28M in Series C funding.

The round, which brought the total amount to $70M, was led by Growth Fund of L Catterton, with participation from Bessemer Venture Partners and Imaginary Ventures.

The company intends to use the funds to accelerate the development of its platform, following the recent release of consumer experience, payment and automation products.

Led by CEO Danielle Cohen-Shohet, GlossGenius is a provider of a platform for small businesses in the beauty and wellness sector. Owners use it as their primary business infrastructure to manage end-to-end workflows across their back-office and front-office such as payments, booking, inventory, expenses, marketing and more.

The vertical business-in-a-box platform has surpassed 60,000 customers and billions of dollars in annual transaction activity, delivering salon, spa, and studio experiences to millions of end users.Ā 

FinSMEs

27/07/2023

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