How Much Did Salon 38 Raise?
Funding & Key Investors

Salon 38 has successfully secured a significant capital injection, bringing its total funding to $51K. This latest round, which accounts for $51K, marks a pivotal moment for the Hattiesburg-based institution as it transitions into a more aggressive growth phase. By leveraging this substantial expansion capital, the firm aims to solidify its footprint within the competitive Pine Belt beauty and personal care market, building upon a legacy of service that dates back to 1987.

What is Salon 38?

Salon 38
Consumer ServicesSpa and Salon Management

Established in 1987, Salon 38 has evolved from a local boutique into a cornerstone of the Hattiesburg, Mississippi, professional hair care sector. The company distinguishes itself through a commitment to high-end styling, utilizing premium product lines such as Matrix, Paul Mitchell, and Redken to maintain a competitive edge. With over three decades of operational expertise, the salon has cultivated a loyal client base by balancing traditional service excellence with modern hair care techniques, including advanced coloring and precision cutting. Its market position is defined by a blend of long-standing community trust and a scalable service model that caters to the diverse needs of the Pine Belt region.

How much funding has Salon 38 raised?

Salon 38 has raised a total of $51K across 1 funding round:

2021

Debt

$51K

Debt (2021): $51K with participation from PPP

Key Investors in Salon 38

PPP

Public-Private Partnership

What's next for Salon 38?

With the recent infusion of capital, Salon 38 is positioned to accelerate its operational scaling and service diversification. The strategic roadmap likely involves upgrading facility infrastructure, expanding the professional stylist team, and potentially exploring new service verticals within the beauty industry. As the company navigates this significant Series B/C stage, the focus will remain on maintaining the high-quality standards that have defined its brand for over 30 years while simultaneously capturing a larger share of the regional market. This investment serves as a catalyst for long-term sustainability and market leadership in the Mississippi hair care landscape.

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Frequently Asked Questions Regarding Salon 38 Financial Insights

What are the most recent funding rounds that Salon 38 has completed, and what were the funding rounds?
Salon 38 has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Salon 38 has raised to date?
Salon 38 has raised a total of $51K in funding to date.
How many funding rounds has Salon 38 completed?
Salon 38 has completed 1 funding rounds.
How much funding did Salon 38 raise in its most recent funding round?
Salon 38 raised $51K in its most recent funding round.
Who are the lead investors in Salon 38's latest funding round?
The lead investor in Salon 38'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 Salon 38's history?
The largest funding round in Salon 38's history was $51K.
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