[Funding alert] Paris-based Planity Secures $50 Million in Series C Round Funding

Tuesday 20, 2024 | By Startup Rise EU

Paris-based Planity secures $50 million in a series C round funding. The additional funding will support a hiring spree that would almost treble the company's workforce and advance its goals for pan-European expansion.

Paris-based Planity secures $50 million in series C round funding. The additional funding will support a hiring spree that would almost treble the company's workforce and advance its goals for pan-European expansion.

Read also - Edinburgh-based PhaSER Biomedical Secures $2.3Million in Funding

Planity has raised more than $100 million since 2017. With the help of the funding round, which was spearheaded by InfraVia Capital Partners and included current investors Crédit Mutuel Innovation, Revaia, and Bpifrance Digital Venture, Planity will be able to expand its workforce by 300 employees and strengthen its positions in Germany and Belgium, two regions where the company has experienced rapid growth over the previous 18 months.

Planity CEO and co-founder Antoine Puymirat said, “After securing a leadership position in France and quickly establishing a significant presence in the German and Belgian markets, we will strive to replicate our national success there.”

Planity also states that it plans to hire more personnel and invest in AI-powered technology, with a focus on appointment scheduling and call management, as well as the implementation of mobile payment processing possibilities.

Read also - Berlin-based Monite Secures $6Million in Seed Funding

Revaia partner Morgan Kessous who shared: "There have been a few initiatives and significant funding to digitize the beauty market over the last years, but Planity was the first player to design a platform with a 360-degree view of the local businesses’ needs. Rather than focusing solely on the end users’ acquisition, Planity has built both its business model and its product around the vision to be the daily operating system of beauty professionals — now covering bookings, payments, inventory management, etc. Since our investment in 2021, Planity went from strengths to strengths, growing 4x over the period. The company is now in a very good position to expand its French leadership to several European countries, starting with Germany and Belgium where it experiences strong reactions."

About Planity

In France, Planity is the top platform for booking beauty appointments. Planity, which was founded in 2016 by Antoine Puymirat, Jérémy Queroy, and Paul Vondersher, enables you to quickly and simply book a beauty service in France, Germany, or Belgium with only a few clicks.

Read also - Bilbao-based WIVI Vision Secures €4 Million in Funding

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