What is Statements?
Statement Salon operates as the largest hybrid salon in the D.M.V. area, focusing on empowering individuals through bold hair transformations and prioritizing hair health. The salon distinguishes itself by offering a personalized client experience, utilizing premium products and innovative techniques. With a tiered pricing structure, Statements caters to a broad clientele, including students. Complementing its salon services, the company also features an e-commerce platform for professional hair care products, enabling clients to maintain their results at home.
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
Key Investors in Statements
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Statements?
The recent large-scale, late-stage funding signifies a pivotal moment for Statements, positioning it for significant expansion and operational enhancement. This strategic capital injection is expected to fuel further development of its hybrid salon model, potentially including geographic expansion or the enhancement of its online retail capabilities. The company's focus on personalized beauty services and at-home care products suggests a strategy aimed at capturing a larger share of the beauty and wellness market, leveraging this investment to solidify its market leadership and drive sustained revenue growth.
See full Statements company page
