An Interest In:
Web News this Week
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
Some of Our Sources
- BoingBoing
- Web Designer Wall
- Smashing Apps
- Vandelay Design
- You The Designer
- Naldz Graphics
- Fudge Graphics
- CSS Tricks
- Spyre Studios
- Freelance Switch
Help Webnuz
Referal links:
January 22, 2014 05:30 pm GMT
As hinted at last month, salon-booking service StyleSeat has now closed on its Series A round of funding. Led by Lightspeed Ventures, the company has raised an additional $10.2 million in outside investment, bringing its total raise to date to $14 million. The funding will be used to both grow the platform and the now 35-person StyleSeat team, which will double in 2014. Existing investor Lowercase Capital also participated in the round. StyleSeat has already seen a couple of notable new hires, with Andrew Dempsey, previously the Director of Business Intelligence at Netflix, now StyleSeat Senior Data Analyst, and Yulie Kim, former VP of Product at One Kings Lane, now StyleSeat VP of Product.According to StyleSeat co-founder and CEO Melody McCloskey, the company is also looking to staff up its data science and engineering teams, with a special emphasis on mobile, where they’ve hired five more engineers over the past month. First launched in 2011, StyleSeat has grown from some 55,000 salons and spas using its online booking platform as of mid-2012 to now over 200,000 beauty professionals. On average, these pros are able to grow their revenues 68 percent within their first 15 months of being on the platform, StyleSeat claims. That growth is due not only to the increase that comes from making themselves available for online bookings, but also from the reach of the other marketing tools StyleSeat provides. The freemium-based service charges for access to pro tools involving email marketing, advanced scheduling, reminders and more. The company has also been testing monetization efforts throughon-site offers(ads),where it would take a 30 percent cut of the bookings. Both areas of the business are doing well, but the company doesn’t talk specifics when it comes to conversions or revenue. Consumers using the service today are able to search and browse StyleSeat to find stylists and other beauty professionals (e.g. waxing, nails, spa services, etc.), where they can check out their pro’s profile, view photos of their work, and then book an appointment when ready. Meanwhile, stylists are able to use the platform to manage appointments, client lists, their own profiles and photos, and now, thanks to the launch of the StyleSeat mobile app in December, they can even text or call their clients while on the go. Since the debut of the iOS and Android mobile client, created in response to a rapidly growing mobile visitor base on the
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9rXU9eg7p_8/
StyleSeat, An Online Marketplace For Stylists & Beauty Pros, Raises $10.2M Series A From Lightspeed
As hinted at last month, salon-booking service StyleSeat has now closed on its Series A round of funding. Led by Lightspeed Ventures, the company has raised an additional $10.2 million in outside investment, bringing its total raise to date to $14 million. The funding will be used to both grow the platform and the now 35-person StyleSeat team, which will double in 2014. Existing investor Lowercase Capital also participated in the round. StyleSeat has already seen a couple of notable new hires, with Andrew Dempsey, previously the Director of Business Intelligence at Netflix, now StyleSeat Senior Data Analyst, and Yulie Kim, former VP of Product at One Kings Lane, now StyleSeat VP of Product.According to StyleSeat co-founder and CEO Melody McCloskey, the company is also looking to staff up its data science and engineering teams, with a special emphasis on mobile, where they’ve hired five more engineers over the past month. First launched in 2011, StyleSeat has grown from some 55,000 salons and spas using its online booking platform as of mid-2012 to now over 200,000 beauty professionals. On average, these pros are able to grow their revenues 68 percent within their first 15 months of being on the platform, StyleSeat claims. That growth is due not only to the increase that comes from making themselves available for online bookings, but also from the reach of the other marketing tools StyleSeat provides. The freemium-based service charges for access to pro tools involving email marketing, advanced scheduling, reminders and more. The company has also been testing monetization efforts throughon-site offers(ads),where it would take a 30 percent cut of the bookings. Both areas of the business are doing well, but the company doesn’t talk specifics when it comes to conversions or revenue. Consumers using the service today are able to search and browse StyleSeat to find stylists and other beauty professionals (e.g. waxing, nails, spa services, etc.), where they can check out their pro’s profile, view photos of their work, and then book an appointment when ready. Meanwhile, stylists are able to use the platform to manage appointments, client lists, their own profiles and photos, and now, thanks to the launch of the StyleSeat mobile app in December, they can even text or call their clients while on the go. Since the debut of the iOS and Android mobile client, created in response to a rapidly growing mobile visitor base on theOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/9rXU9eg7p_8/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch