2 SaaS Startups in the Beauty Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Beauty industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in the Beauty industry.

Fresha

Millions of customers and companies trust Fresha, the top marketplace platform for beauty and wellness, all over the world. Fresha's marketplace enables customers to find, reserve, and pay for beauty and wellness appointments with nearby businesses, while its intuitive free business software and financial technology solutions provide beauty and wellness professionals and businesses with an all-in-one platform to manage their entire operation. By facilitating appointment scheduling, point-of-sale, customer records administration, marketing automation, loyalty, beauty product stocking, and team management, Fresha's ecosystem provides businesses with everything they need to operate smoothly. By utilizing the power of online reservations, automated marketing, mobile applications, and sophisticated connections with well-known internet companies like Instagram, Facebook, and Google, the consumer marketplace increases income potential for partner businesses. Over 300,000 professionals and 80,000+ organizations use Fresha to process over 30 million appointments each month. With its global offices in New York City, Vancouver, Sydney, Dublin, Amsterdam, Dubai, and Warsaw, Fresha has its headquarters in London, United Kingdom.

Company details:
Founders:
Nick Miller, William Zeqiri
Founded:
2015
Based in:
London, England, United Kingdom
Website:
Fresha
Industries:
Beauty, Health Care, Marketplace, SaaS, Scheduling
Latest funding:
$152,500,000
Series C
11 June 2021
Total funding:
$185,000,000
Investors
FJ Labs, Partech, General Atlantic, BECO Capital, Target Global

Watalook

Customers may find and reserve beauty specialists using the Watalook beauty booking service. Watalook gives beauty professionals the ability to streamline the booking and invoicing processes, issue automatic reminders, and provide all of the details about their services in one location. Currently, Lithuania, the UK, the US, and Norway are Watalook's key markets.

Company details:
Founders:
Justas Vitenas, Klaudijus Ambrožas
Founded:
2015
Based in:
Vilnius, Vilniaus Apskritis, Lithuania
Website:
Watalook
Industries:
Beauty, Freelance, SaaS
Latest funding:
$3,182,416
Seed
21 December 2022
Total funding:
$4,329,495
Investors
Startup Wise Guys, byFounders, Practica Capital, Crosspring, Launchpad Capital

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