Dealflow | July 29, 2021

Squire scores $80 million to help barbershops manage their businesses

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, July 29 — The New York-based company’s software helps over 2,000 barbershop owners in North America and the U.K. with online scheduling and contactless transactions (see, “Squire secures $34 million to support barbershops post-COVID).

The financing brings the startup’s fundraising total to $165 million and triples its valuation to $750 million. “This capital injection will allow us to further scale our sales and engineering teams,” said Squire’s Dave Slavant.

The company’s new tools include Squire Capital, which offers instant deposits, cash advances and debit cards.

Tiger Global led the round, with participation from ICONIQ Capital, Charles River Ventures and Trinity Ventures. Share this post.