How Much Did Glosslab Raise?
Funding & Key Investors

Glosslab, a company focused on modernizing the nail salon experience through a hygiene-first, membership-based model, has secured significant enterprise-level funding, with its most recent capital injection amounting to $7M. This strategic investment underscores the company's growth trajectory and its innovative approach to the beauty industry, building upon its total funding of $10.3M.

What is Glosslab?

Glosslab
Consumer ServicesSpa and Salon Management

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:

2020

Debt

$150K

Unspecified

$3M

2021

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.

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Frequently Asked Questions Regarding Glosslab Financial Insights

What are the most recent funding rounds that Glosslab has completed, and what were the funding rounds?
Glosslab has recently completed 3 funding rounds: Other Financing Round on May 7, 2021, Debt on Feb 3, 2021, Unspecified on Dec 15, 2020.
What is the total amount of funding Glosslab has raised to date?
Glosslab has raised a total of $10.3M in funding to date.
How many funding rounds has Glosslab completed?
Glosslab has completed 3 funding rounds.
How much funding did Glosslab raise in its most recent funding round?
Glosslab raised $7M in its most recent funding round.
Who are the lead investors in Glosslab's latest funding round?
The lead investor in Glosslab's latest funding round was Jim Huether. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Glosslab's history?
The largest funding round in Glosslab's history was $7M.
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