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Beauty and wellness booking marketplace Fresha has announced an $80 million investment from KKR\u2019s Next Generation Technology Growth fund, valuing the London-based company at more than $1 billion. The investment is notable for coming from KKR\u2019s growth equity arm, which targets companies with proven business models that are still in aggressive expansion mode \u2014 a sign that Fresha is seen as past the risky early stages and ready to scale.<\/p>\n
The London-based company, founded in 2015, has grown significantly over the past few years.\u00a0When TechCrunch covered a Fresha fundraising round<\/a> in 2021, the company had 60,000 businesses on its platform and was working with <\/a>more than 150,000 professionals across 120 countries. Today, the platform counts more than 140,000 businesses <\/strong>and says those businesses are booking more than 35 million appointments a month through Fresha. That volume \u2014 more than a billion appointments annually \u2014 puts it among the larger scheduling platforms of any kind, not just within beauty and wellness.<\/p>\n The company has now raised $285 million to date and says it will use the new capital to expand to more countries and develop AI features.<\/p>\n<\/div>\n