What is Glosslab?
Founded in 2018 by Rachel Apfel Glass, GLOSSLAB aims to revolutionize the nail salon industry by prioritizing hygiene, efficiency, and a membership model. The company distinguishes itself with a completely water-free service, a critical measure for germ prevention that predates current health guidelines. GLOSSLAB integrates technology for enhanced customer convenience, including online booking, cashless payments, and contactless check-in/check-out. Their product line features performance-driven, long-lasting vegan and non-toxic polishes, aligning with current beauty trends. Headquartered in New York City, GLOSSLAB is committed to providing a safe and career-oriented environment for its employees, alongside a superior client experience.
How much funding has Glosslab raised?
Glosslab has raised a total of $10.3M across 4 funding rounds:
Debt
$150K
Unspecified
$3M
Debt
$175K
Other Financing Round
$7M
Debt (2020): $150K with participation from PPP
Unspecified (2020): $3M, investors not publicly disclosed
Debt (2021): $175K supported by PPP
Other Financing Round (2021): $7M featuring Jim Huether, Drew Taggart, Wilton Speight, Jared Goff, Marie Von Behrens, Patrick Schwarzenegger, Jeff Frommer, Jarrod Moses, Amar’e Stoudemire, Mark Sanchez, Elias Davis, Shmuel Gniwisch, Louis Krubich, Michael Dubin, Dan Fried, and Alex Pall
Key Investors in Glosslab
Dan Fried
Dan Fried Creative Services, led by Emmy-winning Director of Photography Dan Fried, specializes in video and media production. They offer comprehensive services from pre-production to post-production, focusing on cost-effective solutions and client collaboration for diverse clients including corporations and government agencies.
What's next for Glosslab?
The substantial enterprise-level backing and recent strategic investment indicate a strong market validation for Glosslab's unique business model. This capital infusion is likely to fuel further expansion, potentially into new markets, enhancement of technological infrastructure, and broader adoption of their hygiene-focused, membership-based salon services. The company's emphasis on innovation and operational efficiency positions it for continued growth and market leadership in the evolving beauty and wellness sector.
See full Glosslab company page