Not long after Heyday announced its Series B extension, Glowbar, known for its 30-minute, $65 facial, has received a $10 million Series A funding.
The company began with a TriBeCa studio, but now has expanded its New York City footprint to the Upper East Side, Union Square and Williamsburg. It also added locations in Roslyn, New York, and Westport, Connecticut.
The capital will also be used to expand headcount across the organization, including senior leadership, and to further invest in training for Glowbar’s aestheticians. and skin care and they love the Glowbar experience. We see a big opportunity to build on our New York success in other markets across the country.”
Investor interest has been heating up in the beauty services sector. Last year Millennial med spa Ever/Body, which offers laser facials, Botox, HydraFacial, fillers and laser hair removal, raised a $38 million Series B from a mix of investors including Tiger Global Management, Addition and Fifth Wall and later a $55.5 million Series C funding.
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