Fresha funding news – London-based Fresha Secures €27.8 Million in Venture Debt Funding

Over $185 million in venture capital has been raised by Fresha to date, including a $150 million Series C investment headed by General Atlantic in 2021. According to its founders, this new partnership with J.P. Morgan will further fuel Fresha's ambitions to revolutionize the beauty and wellness industry as the company gets closer to profitability.

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Salons, barbershops, spas, and aesthetics clinics are just a few of the businesses in the beauty industry that are enabled by Fresha's platform to run effectively and independently. Fresha levels the playing field for companies of all sizes by providing subscription-free business software with integrated payment processing and a consumer marketplace. This helps businesses streamline their whole operations and connect with more customers.

Additionally, through its marketplace, it's platform lets users find, schedule, and pay for beauty and wellness appointments with nearby companies. Professionals in the beauty and wellness industries gain from an all-in-one platform that offers financial technology solutions and free business software for efficient operation management.

William Zeqiri, Founder and CEO of Fresha, said: “The beauty and wellness industry is a dynamic world, buzzing with creativity, innovation, and an endless quest for service enhancement. Today, there is so much potential to be unlocked. Beauty service providers need a 360-degree view of each client, including booking behaviour, preferences, payment methods, and lifetime value. Extracting insights from every transaction has become a key competitive advantage, allowing our users to offer highly tailored and personalized services.”

It is a global network of more than 110,000 merchants that is well-established in the US, UK, Canada, Australia, NZ, and Europe. Customers use the platform to schedule tens of millions of appointments per month across 120 countries.

With over $35 billion in gross merchandise volume completed to far, Fresha has demonstrated its considerable influence on the worldwide beauty and wellness sector. The company's revenues increased by 67% in 2023 compared to 2024, and more of the same is anticipated in 2024.

Alexandra Wyatt, U.K. Innovation Economy banking at J.P. Morgan said, “We’re delighted to support Fresha on their continued growth journey, Fresha is steering the rapidly expanding beauty and wellness space with its innovative technology and strong unit economics. Their unique business model is transforming the industry landscape, and it’s precisely the type of innovation we want to help drive globally.”

About Fresha

Fresha is the top beauty and wellness marketplace, trusted by millions of customers and companies globally. While beauty and wellness professionals and businesses use an all-in-one platform to manage their entire operations with an intuitive subscription-free business software and financial technology solutions, it's marketplace lets customers find, book, and pay for appointments with nearby businesses.