How Much Did Rowan Raise?
Funding & Key Investors

Rowan, a specialized provider of ear piercing services and hypoallergenic jewelry, has successfully secured a major strategic investment, bringing its total capital raised to $24M. This latest financing round, which saw the company secure $20M, underscores the growing investor appetite for experiential retail models that blend professional services with high-quality consumer goods. By prioritizing safety and a celebratory customer experience, Rowan has carved out a distinct niche within the competitive jewelry market, positioning itself for significant expansion across its brick-and-mortar studio footprint.

What is Rowan?

Rowan
RetailJewelry & Watch RetailConsumer Services

Headquartered in New York, Rowan operates at the intersection of personal care and retail. The company differentiates itself by offering a clinical-grade, safe ear piercing experience delivered by licensed nurses, paired with a curated collection of hypoallergenic jewelry. This hybrid model addresses a long-standing consumer demand for professional, hygienic piercing services that move away from traditional mall-based kiosks. By focusing on the intersection of safety, style, and community, Rowan has effectively transformed a routine service into a premium brand experience, fostering high customer loyalty and repeat engagement within its studio locations.

How much funding has Rowan raised?

Rowan has raised a total of $24M across 2 funding rounds:

2019

Angel/Seed

$4M

2021

Series B

$20M

Angel/Seed (2019): $4M, investors not publicly disclosed

Series B (2021): $20M led by TABLE Management, Goldcrest Capital, Thirty Five Ventures, Beechwood Capital, and Silas Capital

Key Investors in Rowan

Beechwood Capital

Beechwood Capital is a private equity firm focused on investing in growing consumer brands and specialty retail businesses, leveraging deep operational experience to drive significant growth.

Silas Capital

Silas Capital is a growth equity and venture capital firm specializing in the next generation of consumer brands, providing flexible capital and operational expertise to help founders scale.

Thirty Five Ventures

Thirty Five Ventures is a venture capital firm that invests in early-to-growth stage companies, often focusing on consumer-facing brands and technology-enabled services.

What's next for Rowan?

With the infusion of this recent capital, Rowan is well-positioned to accelerate its market penetration and operational scaling. The company is expected to leverage these funds to expand its physical studio presence, enhance its digital retail capabilities, and further solidify its supply chain for hypoallergenic products. As the brand continues to mature, the focus will likely shift toward optimizing unit economics and deepening its brand equity in key urban markets. The strategic backing from experienced consumer-focused investors provides not only the necessary liquidity for growth but also the operational expertise required to navigate the complexities of scaling a service-oriented retail business in a post-pandemic landscape.

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Frequently Asked Questions Regarding Rowan Financial Insights

What are the most recent funding rounds that Rowan has completed, and what were the funding rounds?
Rowan has recently completed 2 funding rounds: Series B on Oct 27, 2021, Angel/Seed on Jul 24, 2019.
What is the total amount of funding Rowan has raised to date?
Rowan has raised a total of $24M in funding to date.
How many funding rounds has Rowan completed?
Rowan has completed 2 funding rounds.
How much funding did Rowan raise in its most recent funding round?
Rowan raised $20M in its most recent funding round.
Who are the lead investors in Rowan's latest funding round?
The lead investor in Rowan's latest funding round was TABLE Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Rowan's history?
The largest funding round in Rowan's history was $20M.
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