Squire, a NYC-based provider of a management and point of sale (POS) system for barbershop owners, raised $35M in Debt financing from Silicon Valley Bank.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2015 by Songe LaRon and Dave Salvant, Squire provides a comprehensive business management platform designed to elevate barbershop operations with integrated tools for Customer Relationship Management (CRM), appointment management, analytics, and point of sales (POS) systems. Through it, barber businesses attract and retain customers, manage operations, increase revenue, and manage appointments and services all in one place.
Founded in 2015, Squire is used by barbers in 3,000+ shops and processes over $1B in payments in more than a thousand cities around the globe.
FinSMEs
28/11/2024