GlossGenius, a technology provider for the spa, studio, and salon industry, announced today it has raised $16.4 million in a Series A funding round led by Bessemer Venture Partners.
A high-profile group of angels also participated in the financing, including Shopify co-founder and CEO Tobias Lütke, Toast CEO Chris Comparato, Toast co-founder Aman Narang, Mindbody co-founder Robert Murphy, Yelp executives, and former Venmo executives.
GlossGenius plans to use its new capital mostly toward expansion and creating unique product experiences that help extract the burden of running a business. The startup is also looking to boost its 100-person team. Part of the new capital will go toward building a marketing team.
Company: GlossGenius, Inc.
Round: Series A
Funding Month: November 2021
Lead Investors: Bessemer Venture Partners
Additional Investors: Tobias Lütke, Chris Comparato, Aman Narang, and Robert Murphy
Company Website: https://www.glossgenius.com/
Software Category: Business-in-a-box platform spans powerful SaaS and fintech solutions
About the Company: GlossGenius is one of the quickest growing solutions powering business owners across the US in the beauty & wellness space with elegant, vibrant, and intuitive software. GlossGenius’s complete business-in-a-box platform spans powerful SaaS and fintech solutions, enabling tens of thousands of business owners to run their entire set of business operations every day. GlossGenius is backed by Bessemer Venture Partners along with a number of strategic investors.