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Rowan Raises $20M Series B To Expand Retail Footprint And Provide Job Opportunities For Nurses

Oct 27, 2021•almost 4 years ago

Amount Raised

$20 Million

Round Type

series b

Software

Description

Rowan, the innovative, female-founded startup powering the future of ear piercing, today announces its $20M Series B raise led by VMG Partners. Additional notable investors include Thirty Five Ventures, TABLE Management, Beechwood Capital, Silas Capital, Goldcrest Capital and entrepreneur Sara Foster. With the capital, Rowan will expand its brick-and-mortar footprint, with locations in Miami, Denver and Atlanta expected by end of Q1 2022; hire additional nurses; and build its product assortment of hypoallergenic jewelry to ensure that ear piercing is a celebratory and safe occasion for all.

Company Information

Company

Rowan

About

Rowan, founded in 2018, is an innovative service and products company in the ear piercing and jewelry space that provides safe and celebratory ear piercing and hypoallergenic jewelry through its brick-and-mortar studio locations, Rowan at Target studios and at heyrowan.com. Rowan employs licensed nurses to provide ear piercing and related services and features exclusively hypoallergenic and nickel-free earrings. The company provides a long-overdue alternative to the standard mall piercing experience and believes that ear piercing is a milestone moment that should always be accessible, enjoyable and safe for all. Guided by this mission, Rowan has developed a successful partnership with Target to provide in-store piercings to consumers across the country. Currently located in over 250 Target locations nationwide, Rowan will be rapidly expanding to over 600 locations in early 2022. Rowan currently has two brick-and-mortar locations open in New York City and Connecticut, with additional locations opening in Denver, Miami and Atlanta by Q1 2022. For more information, please visit heyrowan.com.

Funding Insights

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