10Beauty announces autonomous manicure innovation, securing $38M in funding; strong initial demand
Feb 06, 2024•over 1 year ago
Amount Raised
$38 Million
Investors
Red Sea VenturesLerer HippeauImaginary VenturesShine Capital
Description
10Beauty, creator of the first full salon-quality manicure machine, announced it will launch at the end of this year, having secured $38 million in equity financing, including a newly closed $17 million extension to their Series A led by Shine Capital.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech