Facial bars seem like ripe for investment.
Not long after Heyday announced its Series B extension, Glowbar, known for its 30-minute, $65 facial, has received a $10 million Series A funding.
The round was led by Peterson Partners, a Salt Lake City-based firm whose investments have included Allbirds, Solidcore, Bonobos, Rails Clothing and Madison Reed.
Glowbar was founded in 2019 by Rachel Liverman, a third-generation aesthetician, with services including dermaplaning, chemical peels, extractions and LED.
The corporate began with a TriBeCa studio, but now has expanded its Latest York City footprint to the Upper East Side, Union Square and Williamsburg. It also added locations in Roslyn, Latest York, and Westport, Connecticut.
With the investment, Glowbar is anticipated to double its studio count by the top of 2023. Along with...
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