Madison Reed is a disruptive force in the Consumer Goods, E-Commerce, and Retail industries, aiming to revolutionize the $50 billion hair care market. Since its establishment in 2013, the company has provided customers with the option to take control of their beauty through options like at-home hair color or services at their Hair Color Bars. This omnichannel approach allows customers to place orders or subscribe through the website, pick up products at the Hair Color Bars, or make appointments at any of the locations. Their innovative range of services includes permanent hair color, roots touch-ups, hair gloss, highlights, and more. In addition, the launch of their men’s line in 2020 signifies their intention to shake up the industry with superior at-home hair care products. The company's commitment to revolutionizing personal care is exemplified by its recent $50.00M Debt Financing investment from Runway Growth Capital in February 9, 2023. This substantial investment underscores the confidence in Madison Reed's vision and product offerings. The company's dedication to the ultimate client experience, along with its emphasis on product innovation and the latest beauty technology, has garnered a devoted and expanding base of supporters. With its values of Love, Joy, Courage, Responsibility, and Trust at the core, Madison Reed fosters a unique culture based on transparency, accountability, diversity, and inclusion. As the team continues to grow, the company remains steadfast in its mission to make personal care more personalized and to encourage everyone to live life colorfully.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $50.00M | 1 | 09 Feb 2023 | |
Series G | $33.00M | 2 | 28 Apr 2022 | |
Series G | $2.71M | 1 | 12 Nov 2021 | |
Venture Round | $18.00M | - | 22 Sep 2021 | |
Venture Round | $52.00M | 7 | Shea Ventures | 24 Feb 2021 |