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In the beauty world, independent professionals often rent a chair in a salon. Glambook believes the market is ripe for future disruption from technology, from renting a chair to someone’s car (Uber), to someone’s office (WeWork) or a room in someone’s home (Airbnb). The company raised $2.5 million at a $12 million valuation.
The new investment will be used to grow the company’s customer base and support its existing infrastructure. The company is opening beauty co-ordinating positions across London for startups, and is eyeing international expansion. In addition to its own real estate, the company is hosting 20,000 freelancers in 50 European cities for home, office or salon appointments.
“The new generation of consumers see beauty brands as entities that can be accessed through multiple touch points, including physical and digital. They expect the same quality of service in-store, on the website and on social media, so Glambook becomes a bridge between beauty makers and customers,” says Glambook CEO. Alex Tomchenko.
A group of business angels invested in the round. One of the most notable is Vlad Pinskij, founder of Berlin-based Series B startup Indel.
Glambook is headquartered in Berlin, Germany.
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