LA-based Boulevard raises $27 million for its day spa management software application

by RJ Shara | Nov 23, 2020 | Startups

Boulevard, a medspa management and payment platform, has actually raised$27 million in a brand-new round of funding regardless of a company slowdown&caused by the COVID0-19 pandemic. Established 4 years earlier by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’inability to schedule a hairstyle and Danna’s inkling that the failure of hair salons and […]
Through those months of interviews the 2 developed the scheduling management and payment platform that would end up being Boulevard. The concept was that Boulevard might build a pretty large service catering to the requirements of a specific niche industry that hadn’t typically been exposed to a purpose-built toolkit for its vertical. On average, organizations increase reservations by 16 %, retail revenue jumps by 18 %and gratuity paid out to stylists leaps by 24%for services that utilize Boulevard, the company stated.”Boulevard is rejuvenating the hair salon and medspa industry, as evidenced by the business’s continual 300-400 %income development over the last 3 years,”said Damir Becirovic of Index Ventures, whose firm led the company’s Series A round and has doubled down with the new capital infusion. As Boulevard broadens, the company might look to get deeper into financial services for the salons and medspas that it’s already working with….