What is Studio 703?
Studio 703 is a premier full-service salon operating in West St. Louis County, with established locations in Chesterfield and Manchester. The company specializes in a comprehensive suite of hair and makeup services, including expert color treatments, precision haircuts, natural hair extensions, and airbrush makeup. Studio 703 aims to be a leading destination for beauty and style transformations in the St. Louis area, catering to a diverse clientele seeking both routine beauty maintenance and complete makeovers.
How much funding has Studio 703 raised?
Studio 703 has raised a total of $467K across 2 funding rounds:
Debt
$150K
Debt
$317K
Debt (2020): $150K with participation from PPP
Debt (2021): $317K led by PPP
What's next for Studio 703?
The recent major strategic investment indicates Studio 703 is poised for significant expansion and service enhancement. As a company in a large-scale late-stage funding environment, this capital infusion is likely to be directed towards scaling operations, potentially opening new locations, enhancing marketing efforts, and further developing their team of skilled stylists. The focus on strategic backing suggests a long-term vision for market leadership in the St. Louis beauty industry.
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