New-York based business management platform, GlossGenius raised $25 million in a Series B funding round led by Imaginary Ventures and Bessemer Venture Partners. With over 40,000 customers in the beauty and wellness space, GlossGenius’ target market includes nail artists, estheticians, makeup artists and barbers.
GlossGenius automates administrative aspects that are specific to the salon and spa industry. For example, it expedites appointment booking processes with built-in reminders. As a personalized touch, GlossGenius sends custom follow-up messages tailored to individual clients’ special occasions and milestones. In addition to managing client relations, GlossGenius saves business owners approximately 8 hours a week by capturing key data such as client re-booking rates coupled with producing inventory and sale tax reports.
GlossGenius plans to use its newly acquired capital to invest in developing fintech functions, and new product developments. It will be exciting to track the company's growth as it continues to generate digital solutions that help beauty professionals optimize their time and customer service.
A new iOS app called Sniff is taking a different approach to social networking by connecting dog owners within the same neighbourhood. Rather than encouraging users to build broad online communities…
The fully autonomous ridesharing service, Waymo, is looking to add a new ridesharing option for Torontonians with self-driving vehicles. Waymo is a driverless taxi service where users can hail an…
Four years after Canada shut Huawei out of its 5G networks, one of its former subsidiaries is hoping for a second chance in the Canadian market. Honor Device Co., a Chinese consumer electronics…
Quantum computers have long been promised to reshape the leading edge of computing technology, facilitating machines capable of completing operations unthinkably time-intensive for classical computers…
Another day, another wearable technology product is hitting the market, but this one arrives with the weight of Google behind it and a price designed to undercut the competition.Back in January…
The Canadian federal government recently introduced the Safe Social Media Act in Parliament. If the bill is successful, Canadian children under the age of 16 will no longer be able to have accounts on…
