Vagaro joined the Unicorn Club on November 2, 2021, after raising an undisclosed Series D funding round led by FTV Capital, valuing the company at $1 billion. Headquartered in Pleasanton, California, United States, Vagaro operates an online booking and business management platform for salons, spas, and wellness centers. The company has raised $63 million to date and employs 97 people (as of December 2022).
Keep reading to learn how Vagaro is redefining beauty tech and local services through its innovative appointment scheduling and business management solutions.
What Is Vagaro and What Does It Do?
Founded in 2009, Vagaro is a beauty tech platform that connects consumers with salons, spas, and wellness professionals. Through its online booking system and mobile app, users can easily discover nearby services, explore promotions, read reviews, and schedule appointments with ease.
For businesses, Vagaro provides tools for managing clients, payments, marketing, inventory, payroll, and scheduling, helping salon and spa owners streamline their operations and enhance customer retention. The platform serves both independent stylists and large wellness chains across the United States and internationally.
How Much Funding Has Vagaro Raised?
1. Series C and Earlier Rounds
- Cumulative Funding: $63M
- Key Investors: FTV Capital
- Purpose: Develop booking and management infrastructure, expand into wellness services, and optimize user experience for consumers and businesses alike.
Total Funding Raised: $63M
Latest Funding Date: November 2, 2021
Latest Valuation: $1B
Employee Count: 97 (as of December 31, 2022)
Key Investors
1. FTV Capital
- Details: Growth equity investment firm supporting high-growth, technology-enabled companies in enterprise software and internet infrastructure.
- Focus Areas: SaaS, fintech, and consumer technology platforms.
Where Is Vagaro’s Headquarters?
Vagaro is headquartered in Pleasanton, California, United States. The headquarters serves as the company’s central hub for technology development, customer support, and strategic growth, powering innovation in the beauty and wellness technology ecosystem.
What’s Next for Vagaro?
Vagaro is focused on expanding its platform’s reach within the global beauty and wellness industry. The company plans to invest in advanced booking tools, AI-powered business analytics, and international market entry strategies. By combining user-friendly design with robust business tools, Vagaro aims to become the leading global platform for managing and discovering beauty, spa, and wellness experiences.
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