Fresha, a London, UK-based beauty and wellness marketplace, raised €27.8m in debt financing.
J.P. Morgan provided the financing.
The company intends to use the funds to expand into new markets and add machine learning capabilities and AI-powered robotics to its platform.
Led by William Zeqiri, Founder and CEO, Fresha is a marketplace platform for beauty & wellness. It allows consumers to discover, book and pay for beauty and wellness appointments with local businesses via its marketplace, while beauty and wellness businesses and professionals use an all-in-one platform to manage their entire operations with an intuitive subscription-free business software and financial technology solutions.
The consumer marketplace leverages online bookings and automated marketing through mobile apps and advanced integrations with major tech brands including Instagram, Facebook and Google. Fresha is used by 120,000+ businesses and 500,000+ beauty and wellness professionals worldwide, processing over 1 Billion appointments to date.
The company has global offices located in New York City, Vancouver, Sydney, Amsterdam, Dubai and Warsaw.
FinSMEs
21/08/2024