GlossGenius closes on $16.4M to serve as a ‘business in a box’ for the beauty and wellness industry
GlossGenius, a massage, suite, and salon innovation provider, confirmed recently that it has fostered $16.4 million in a Series A financing round spearheaded by Bessemer Venture Partners.
GlossGenius is a lateral SaaS platform designed for entrepreneurs with small businesses in the salon and production company industries. GlossGenius is one of the fastest growing alternatives, providing graceful, lively, and straightforward software to beauty and health company owners across the United States. GlossGenius’ comprehensive “business-in-a-box” platform supports influential SaaS and fintech workarounds, allowing tens of thousands of company owners to operate their complete set of company processes on a daily basis. Bessemer Venture Partners and a number of professional investors have invested in GlossGenius.
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Strikingly, Shopify co-founder and CEO Tobias Lütke, Toast Operating officer Chris Comparato, Toast co-founder Aman Narang, Mindbody co-founder Robert Murphy, Yelp directors, and erstwhile Venmo executive officers all decided to participate in the funding. GlossGenius previously picked up $2.8 million in pre-seed and seed funding from angels and Techstars before bootstrapping for five years before requiring any additional external wealth. GlossGenius is prioritizing growth over cash flow for the time being. It intends to utilize its new funds primarily for growth and the creation of “unique product experiences that assist remove the burden of managing a business.” The venture is also looking to expand its 100-person workforce.
About GlossGenius
GlossGenoius was originally established in 2016 by Danielle Cohen-Shohet, Karim Butt. The business’s main offices are in the Greater New York Area, East Coast, Northeastern US. The company is still in operation, and its most recent round of financing was Series B. The corporation ‘s lawful title isGlossGenius, Inc., and its type of business entity is For Profit. The company focuses on apps, beauty, fintech, mobile apps, SaaS, small and medium businesses, software, and wellness.
GlossGenius assists entrepreneurs achieve new heights by expanding their operations and increasing their revenue. Their comprehensive suite of algorithmic appointment booking, payment systems, same-business-day handover, customer service, and built-in marketing automation was created to enable experts to focus on being innovators rather than administrators. They believe that technology can assist their representatives reach their full entrepreneurial ability.
Gloss Genius Software
BOOKING SOFTWARE
BEAUTY AND BRAIN IN BUILT IN BOOKING
They’ve combined the art of creating great first impressions and the science of internet booking to create a fully configurable website for your company. Make it uniquely yours and you’ll be able to schedule consultations in minutes. Their smart planning tool streamlines the booking process. With no need for customers to sign in or install software just to make meetings, it’s easy to understand why 99% of clients polled prefer GlossGenius able to book over glitchy legacy sites. GlossGenius was designed for business owners like yours, so they understand vital points of regulation for you. With unrestricted before and afters, portfolio management, staff statuses, and more, you can show customers what you’re capable of. Enable service categorization, technical services, sophisticated pricing exhibits, and other control mechanisms.
CLIENT MANAGEMENT
CREATE A CLIENT EXPERIENCE
Demonstrate to clients that they are booking with the greatest. The built-in client experience management system in GlossGenius covers everything you’ll need to turn a first perception into a recurring client. Establish an online brand visibility with a beautifully crafted booking site that your customers will enjoy using. Facilitate cooperation with each client meeting to your site by requiring no sign-up, sign-in, or installation. Allow your client base before and after to demonstrate your ability. Upload the finest of your work in seconds and also include descriptive details to help customers know how brilliant you are. Do you need to schedule good clients? Put them on a waiting list. Clients you’d rather not see again? Add them to the prohibited list.
Previous Fundings
GlossGenius has received $42.6 million in investment over seven rounds. On September 27, 2022, they received a Series B round of financing. GlossGenius has received funding from 12 investors. The most subsequent shareholders are Left Lane Capital and Imaginary Ventures.
Conclusion
GlossGenius, a massage, suite, and salon innovation provider, has fostered $16.4 million in a Series A financing round spearheaded by Bessemer Venture Partners. GlossGenius’ comprehensive “business-in-a-box” platform supports influential SaaS and fintech workarounds.
FAQs
GlossGenius is a lateral SaaS platform designed for entrepreneurs with small businesses in the salon and production company industries.
The firm raised $16.4 million in a Series A financing round spearheaded by Bessemer Venture Partners.
GlossGenoius was originally established in 2016 by Danielle Cohen-Shohet, Karim Butt.
It intends to utilize its new funds primarily for growth and the creation of “unique product experiences that assist remove the burden of managing a business.”
The most subsequent shareholders are Left Lane Capital and Imaginary Ventures.
