Fresha Raises $100 Million in Series C 

by Kay Aloha Villamor in August 25th, 2021

Beauty and wellness software platform Fresha has closed a $100 million Series C funding round, which will go toward boosting its services, including a B2B marketplace.

The round was led by General Atlantic, a global growth equity firm, along with participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser, managing partner FMZ Ventures and former chairman of Investments at Alibaba Group, and Jonathan Green of Lugard Road Capital. Partech, Target Global, and FJ Labs, which are existing investors, also took part.

Company: Surge Ventures Inc

Raised: $100.0M

Round: Series C

Funding Month: June 2021

Lead Investors: General Atlantic

Additional Investors: Huda Kattan, Michael Zeisser, FMZ Ventures, former chairman of Investments at Alibaba Group, and Jonathan Green, Partech, Target Global, and FJ Labs

Company Website: https://www.fresha.com/

Software Category: Beauty and wellness software platform 

About the Company: 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 consumer marketplace unlocks revenue potential for partner businesses by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook, and Google.

Source: https://www.pymnts.com/news/b2b-payments/2021/fresha-scores-100-million-dollars-series-c-b2b-marketplace/?utm_source=dlvr.it&utm_medium=twitter

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