Venture Capital News: SQUIRE Technologies Grabs $59M Series C
2020-12-10
NEW YORK, NY, SQUIRE Technologies has secured $59 million in a Series C funding round, bringing its total amount raised to more than $100 million.
Led by ICONIQ Capital with participation from Tiger Global, Charles River Ventures, Trinity Ventures, New General Market Ventures, and SoftBank Opportunity Fund, this funding round is the most significant to date. The Series C includes $44 million in equity financing and $15 million in debt financing, bringing the total raised to $105 million since the company's inception.
Founded in 2015, SQUIRE Technologies provides a robust, fully integrated software system for Barbershops and men's salons. This software can serve independent professionals, stand-alone locations, and multi-location franchises, with tools such as Point of Sale, Scheduling, Payroll, CRM, and a host of other features. SQUIRE has offices in New York City and Buffalo, NY, and maintains operations in 35 major cities across the United States, Canada, and the United Kingdom. SQUIRE is a Y Combinator-backed company and is a 43North award recipient. For more information, visit http://www.getsquire.com
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