What is Salon 877?
Based in Ardsley, New York, Salon 877 operates as a premium, full-service hair salon that has carved out a distinct niche in the luxury beauty sector. As an exclusive Redken Elite Black Salon, the company distinguishes itself through a commitment to advanced technical proficiency and continuous professional development. Its service portfolio is comprehensive, spanning precision hair cutting, sophisticated coloring techniques, and specialized hair replacement solutions. By prioritizing personalized client experiences and high-quality hair treatments, the salon has established a strong reputation for excellence, effectively positioning itself as a leader in the regional hair care industry.
How much funding has Salon 877 raised?
Salon 877 has raised a total of $316K across 2 funding rounds:
Debt
$150K
Debt
$166K
Debt (2020): $150K with participation from PPP
Debt (2021): $166K led by PPP
Key Investors in Salon 877
PPP
Public-Private Partnership
What's next for Salon 877?
With the infusion of this recent capital, Salon 877 is well-positioned to further solidify its market dominance and operational efficiency. The strategic deployment of these funds will likely focus on enhancing the salon's service infrastructure and expanding its reach within the Westchester area. As the company transitions through this late-stage growth phase, the focus will remain on maintaining the high standards of the Redken Elite Black designation while exploring new avenues for client acquisition and service innovation. The firm's ability to secure consistent debt financing reflects investor confidence in its long-term viability and its ability to navigate the evolving demands of the premium beauty services market.
See full Salon 877 company page
