{"id":6329,"date":"2017-06-08T22:37:54","date_gmt":"2017-06-08T22:37:54","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/shedul-raises-6-million-for-hair-salon-booking.html"},"modified":"2017-06-08T22:37:54","modified_gmt":"2017-06-08T22:37:54","slug":"shedul-raises-6-million-for-hair-salon-booking","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/shedul-raises-6-million-for-hair-salon-booking.html","title":{"rendered":"Shedul raises $6 million for hair salon booking"},"content":{"rendered":"


\n<\/p>\n

Beauty parlors manage a lot of appointments, but about half of them are still using pen and paper, estimates Shedul.<\/a><\/p>\n

The startup is trying to change that, by offering scheduling software for the the salon and spa industry. And it\u2019s been catching on because it\u2019s free.<\/p>\n

Now they\u2019re raising $6 million, led by Dubai\u2019s Middle East Venture Partners (MEVP), with participation from BECO Capital and Lumia Capital.<\/p>\n

They plan to use the funding to add more merchants to their platform and build out a two-sided marketplace. They also will be introducing some paid offerings to complement their booking technology.<\/p>\n

With offices in Dubai and Warsaw, Shedul has an international presence, with 40,000 merchants in more than 120 countries. They say they\u2019re bringing in $1.5 billion in annual GMV.<\/p>\n

\u201cGrowth is almost 100 percent organic, pure word of mouth,\u201d CEO William Zeqiri told TechCrunch. He says they spent just $5,000 on Google ads.<\/span><\/p>\n

They aren\u2019t just looking for salons still using pen and paper, they are also targeting customers of Mindbody<\/a>, Booker and StyleSeat. The \u201ccustomer experience has been very bad\u201d on Mindbody, Zeqiri claimed.<\/span><\/p>\n

Chris Rogers, partner at Lumia Capital, said they invested because Shedul \u201c<\/span>has made best-in-class software accessible to the massive beauty industry, which still largely operates offline. We are extremely impressed with the company\u2019s growth trajectory and are delighted to invest in the team.\u201d<\/p>\n

Walid Mansour, managing partner at MEVP, said \u201cthe growth they achieved in two years<\/span><\/span> is remarkable.\u201d<\/p>\n

Shedul launched in 2015 and previously raised seed funding from MEVP and Polar Light Ventures.<\/p>\n

<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/QEybg41R3sU\/<\/p>","protected":false},"excerpt":{"rendered":"

Beauty parlors manage a lot of appointments, but about half of them are still using pen and paper, estimates Shedul. The startup is trying to change that, by offering scheduling <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-6329","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t