LONDON , Aug. 21, 2024 /PRNewswire/ -- Fresha , the leading marketplace platform for beauty and wellness, today announced it has secured a $31 million venture debt facility from J.P.
Morgan. This funding will accelerate Fresha's expansion into new markets and drive the growth of its machine learning capabilities and AI-powered robotics, further advancing its innovative all-in-one platform. Fresha's platform empowers beauty businesses, such as salons, barbershops, spas, and aesthetics clinics, to operate efficiently and independently.
By offering a subscription-free business software with embedded payment processing and a consumer marketplace, Fresha helps businesses streamline their entire operations and connect with more customers, levelling the playing field for businesses of all sizes. To date, Fresha has raised over $185 million in venture capital funding, including a $150 million Series C round in 2021 led by General Atlantic. As Fresha approaches profitability, this new relationship with J.
P. Morgan will further fuel its ambitions to revolutionise the beauty and wellness space. Fresha's platform allows consumers to discover, book, and pay for beauty and wellness appointments with local businesses through its marketplace.
Beauty and wellness professionals' benefit from an all-in-one platform that includes free business software and financial technology solutions to manage their operations seamlessly. This approach aligns with Fresha's vision of fostering innovation and a.