What is Twelve27 Salon?
Twelve27 Salon operated as a high-end beauty establishment in Downtown Pittsburgh, distinguishing itself as an AVEDA Exclusive salon. Its service portfolio encompassed a comprehensive suite of offerings, from standard hair services to specialized treatments like Brazilian blowouts and premium hand-tied extensions. The company aimed to deliver a superior client experience while cultivating a supportive professional atmosphere for its stylists. Despite building a reputation for excellence and empowerment within the beauty sector, the salon is slated to cease operations on April 1st, 2023.
How much funding has Twelve27 Salon raised?
Twelve27 Salon has raised a total of $101K across 1 funding round:
Debt
$101K
Debt (2021): $101K with participation from PPP
Key Investors in Twelve27 Salon
PPP
Public-Private Partnership
What's next for Twelve27 Salon?
Despite receiving a significant strategic investment in early 2021, Twelve27 Salon is scheduled to close its doors on April 1st, 2023. This development indicates a strategic pivot or a planned cessation of operations, irrespective of the capital infusion. The company's journey, which began in 2017, will conclude after a period of operation, suggesting that the recent funding may have been utilized to manage operations through its final phase or to facilitate a planned exit strategy. The future trajectory for the salon's assets or brand is not detailed.
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