How Much Did Myavana Raise?
Funding & Key Investors

Myavana, a beauty tech innovator, has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The total funding amount raised by the company stands at $5.9M, underscoring its substantial growth and market potential. The recent financing round, valued at $5.9M, is poised to accelerate Myavana's mission to revolutionize textured hair care through data-driven science and technology.

What is Myavana?

Myavana
SoftwareEngineering SoftwareBusiness Services

Founded in 2012 by CEO Candace Mitchell Harris, Myavana is a pioneering beauty tech company dedicated to transforming personal and professional textured hair care. Leveraging advanced science and technology, Myavana has developed innovative products that generate unique data insights, enabling truly personalized solutions for women of color and individuals with textured hair. The company's approach is rooted in a deep understanding of the specific challenges faced by this demographic, positioning it as a leader in the personalized beauty sector.

How much funding has Myavana raised?

Myavana has raised a total of $5.9M across 1 funding round:

2024

Angel/Seed

$5.9M

Angel/Seed (2024): $5.9M with participation from New Age Capital, H/L Ventures, Braintrust, and Prisma Ventures Usa

Key Investors in Myavana

New Age Capital

New Age Capital is a thesis-driven seed stage venture capital firm focused on investing in tech and tech-enabled startups founded and led by Black and Latino entrepreneurs, aiming to support diverse founders with capital and resources.

H/L Ventures

H/L Ventures is an ecosystem builder that supports mission-driven founders from inception to exit, prioritizing daily engagement and focusing on growth, impact, and diversity in its investments.

Braintrust

Braintrust is a marketplace that connects organizations directly to top tech talent, headquartered in San Francisco, California.

What's next for Myavana?

With this major enterprise-level funding and strategic investment, Myavana is well-positioned for significant expansion. The capital infusion is expected to fuel further research and development, enhance technological capabilities, and broaden market reach. This strategic backing suggests Myavana is entering a scaling phase, aiming to solidify its position as a dominant force in the beauty tech industry by continuing to innovate and deliver highly personalized hair care solutions.

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Frequently Asked Questions Regarding Myavana Financial Insights

What are the most recent funding rounds that Myavana has completed, and what were the funding rounds?
Myavana has recently completed 1 funding rounds: Angel/Seed on Aug 9, 2024.
What is the total amount of funding Myavana has raised to date?
Myavana has raised a total of $5.9M in funding to date.
How many funding rounds has Myavana completed?
Myavana has completed 1 funding rounds.
How much funding did Myavana raise in its most recent funding round?
Myavana raised $5.9M in its most recent funding round.
Who are the lead investors in Myavana's latest funding round?
The lead investor in Myavana's latest funding round was New Age Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Myavana's history?
The largest funding round in Myavana's history was $5.9M.
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