What is Statements?
Statement Salon positions itself as the largest hybrid salon in the D.M.V. area, dedicated to fostering beauty and independence through transformative hair services. The establishment emphasizes a personalized client experience, prioritizing hair health with premium products and advanced techniques. Offering tiered service pricing, Statement Salon caters to a broad demographic, including students. Complementing its salon services, an online store provides professional hair care products for at-home maintenance, extending the brand's reach beyond its physical location.
How much funding has Statements raised?
Statements has raised a total of $366K across 2 funding rounds:
Debt
$150K
Debt
$216K
Debt (2020): $150K with participation from PPP
Debt (2021): $216K led by PPP
What's next for Statements?
The recent strategic investment in Statements signals a phase of significant growth and potential expansion. As a large-scale, late-stage funding event, this capital infusion is likely earmarked for scaling operations, enhancing service offerings, and potentially broadening its market presence. The company's focus on personalized experiences and hair health, coupled with its e-commerce component, provides a solid foundation for leveraging this new financing to solidify its position and explore new avenues for development within the beauty and wellness sector.
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