MYAVANA, an Atlanta, Georgia-based provider of AI-driven personalized hair care, has closed a $5.9 million seed funding round.
Investors
The funding round was supported by prominent investors, including Prisma Ventures (the innovation fund of Ulta), H/L Ventures, New Age Capital, BrainTrust, Duo Partners, REFASHIOND Ventures, Resilient Ventures, Amazon, Reform Ventures, and NGC Capital.
MYAVANA Use of Funds
The company will use the funding to accelerate its growth and enhance its market position.
About MYAVANA
MYAVANA is a venture-backed, 12-year-old beauty tech company providing data-driven insights to retailers, salons, brands, and consumers. The company leverages advanced artificial intelligence to analyze and understand hair characteristics, offering customized hair care solutions and product recommendations. Its proprietary technologies, including HairAI™ and HairSI™, enable personalized analysis and scientific insights, aiming to transform the hair care industry with tailored solutions based on individual hair data.
Funding Details
Company: Techturized, Inc.
Raised: $5.9M
Round: Seed Round
Funding Date: August 2024
Investors: Prisma Ventures, H/L Ventures, New Age Capital, BrainTrust, Duo Partners, REFASHIOND Ventures, Resilient Ventures, Amazon, Reform Ventures, NGC Capital
Company Website: https://www.myavana.com/
Software Category: AI Hair Care
Source: https://www.prnewswire.com/news-releases/myavana-announces-5-9m-seed-investment-in-hair-ai-and-inaugural-hair-intelligence-summit-302218985.html