Paris-based FlexyBeauty, which has developed a SaaS software suite for hairdressers and beauty institutes, has raised €1.5 million from the French investment fund Newfund.
Founded in 2014, Flexybeauty already has 1,200 customers across France. The company's SaaS suite includes connected cash register software, a website, and a mobile app, integrating processes like booking and online payments. Customers are also able to use the software to offer promotions to their clients.
FlexyBeauty plans to use the new funding to double its team from 15 to 30 employees, mostly in marketing, sales, and IT development.
Read more: French Web (French)