Fresha, a marketplace for beauty and wellness bookings, has secured an investment of $80 million from KKR's Next Generation Technology Growth fund, bringing its valuation to over $1 billion. This funding highlights the company's transition from a startup to a more established business poised for significant growth.
Founded in 2015, Fresha has experienced remarkable growth, now encompassing over 140,000 businesses and facilitating more than 35 million appointments monthly. This translates to an impressive annual total of over a billion appointments, positioning Fresha among the leading scheduling platforms across various sectors.
The investment from KKR’s growth equity arm signifies confidence in Fresha's business model and its readiness for expansion. With a cumulative $285 million raised to date, the company plans to utilize this new funding to broaden its international presence and enhance its platform with artificial intelligence capabilities.