How Much Did Maxine Salon Raise?
Funding & Key Investors

Maxine Salon has successfully secured a significant capital injection, bringing its total funding to $782K. This latest strategic investment of $432K underscores the company's resilience and operational stability within the competitive Chicago beauty market. By leveraging these financial resources, the organization continues to solidify its reputation as a premier destination for high-end hair care services near the Magnificent Mile.

What is Maxine Salon?

Maxine Salon
Consumer ServicesSpa and Salon Management

Established in 1986 by Maxine Kroll, Maxine Salon operates as a cornerstone of the Chicago luxury grooming sector. The firm distinguishes itself through a comprehensive service portfolio that includes precision haircuts, advanced coloring techniques, and professional extensions. By integrating premium product lines such as Oribe, Kérastase, and L'Oréal Professionnel, the salon maintains a high-authority position in the beauty industry. Its business model focuses on delivering a bespoke client experience, catering to a diverse clientele seeking expert aesthetic transformations in a sophisticated, professional environment.

How much funding has Maxine Salon raised?

Maxine Salon has raised a total of $782K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$432K

Debt (2020): $350K with participation from PPP

Debt (2021): $432K led by PPP

Key Investors in Maxine Salon

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Maxine Salon?

With the recent infusion of capital, Maxine Salon is well-positioned to optimize its operational infrastructure and enhance its service delivery capabilities. The strategic allocation of these funds will likely support the expansion of its professional stylist team and the integration of new, high-performance hair care technologies. As the company navigates its current growth trajectory, the focus remains on maintaining its status as a market leader in the Chicago metropolitan area while exploring potential avenues for service diversification and brand elevation in the evolving beauty landscape.

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Frequently Asked Questions Regarding Maxine Salon Financial Insights

What are the most recent funding rounds that Maxine Salon has completed, and what were the funding rounds?
Maxine Salon has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Maxine Salon has raised to date?
Maxine Salon has raised a total of $782K in funding to date.
How many funding rounds has Maxine Salon completed?
Maxine Salon has completed 2 funding rounds.
How much funding did Maxine Salon raise in its most recent funding round?
Maxine Salon raised $432K in its most recent funding round.
Who are the lead investors in Maxine Salon's latest funding round?
The lead investor in Maxine Salon's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Maxine Salon's history?
The largest funding round in Maxine Salon's history was $432K.
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