Fresha, a London-based SaaS-enabled marketplace platform for the beauty and wellness industry, announced that it has raised an additional $52 million (approx €46.1M) in its Series C round of funding.
Earlier in June, Fresha had raised $100M in its Series C round led by global growth equity firm General Atlantic. The company has now raised a total of $182M (approx €161.4M) in funding to date and is currently valued at over $640M (approx €567.7M).
The round was led by Michael Lahyani and BECO Capital, with participation from existing investors General Atlantic, Partech, Target Global, and FMZ Ventures.
The proceeds from this round will help it to expand its global community of partner salons and spas to accelerate product development and drive marketplace bookings.
Company: Fresha.com SV Ltd
Raised: $52.0M
Round: Series C
Funding Month: December 2021
Lead Investors: Michael Lahyani and BECO Capital
Additional Investors: General Atlantic, Partech, Target Global, and FMZ Ventures
Company Website: https://www.fresha.com/
Software Category: SaaS-enabled marketplace platform
About the Company: Launched in 2015 under the name Shedul, the company rebranded to Fresha in 2020. Founded by Nick Miller and William Zeqiri, Fresha is a marketplace that allows consumers to discover, book, and pay for beauty and wellness appointments with local businesses, while salons, spas, and barbershops can leverage Fresha to manage their operations with its intuitive, subscription-free business software. Fresha empowers business owners by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The platform has about 60,000 partner venues primarily spanning the US, UK, Canada, Australia, New Zealand, and Europe. Currently, Fresha is used in 120 countries globally, and each month, customers book millions of appointments on the platform processing nearly $15B in gross merchandise volume to date.
Source: https://siliconcanals.com/crowdfunding/fresha-raises-46-1m/