Booksy: This Online Booking Marketplace Plans To Accelerate Growth With New Funding Round

By Annie Baker • Oct 4, 2019
  • Booksy, the largest mobile marketplace for appointment-driven beauty services, announced recently that it raised $28.5 million in Series B2 financing

Booksy — the largest mobile marketplace for appointment-driven beauty services — announced recently that it raised $28.5 million in Series B2 financing. This round of funding was led by investors from around the globe, including existing investors Piton Capital, Enern, and several others. And new investors Industry Ventures and XG Ventures also joined. Including this round of funding, Booksy has raised $48.7 million in total funding so far.

This round of funding also included participation from individual investors, including Zach Coelius (Triggit founder), Kai Hansen (Booksy board member), Chris Guzowski, Haanes Graah (VP of growth at Revolut and former global head of new markets at Spotify), Piotr Jakubowski (former Go-Jek CMO), and Rohan Monga (former Go-Jek COO).

“Small business owners are the backbone of our economy, and our goal is to support their ability to run and grow their business by taking out the pain points related to scheduling,” said Stefan Batory, the co-founder and CEO of Booksy. “Our success is directly tied to the success of the amazing artists and beauty service merchants on our platform. Our mission is to connect consumers with these great service providers, so that discovery and scheduling can be done effortlessly, anywhere, anytime.”

Booksy is currently focused on disrupting the fragmented $90 billion beauty booking market. Right now, less than 5% of beauty services are booked online.

And Booksy has consistently ranked as one of the top lifestyle apps on iOS and Android. Plus it has more active daily users than any other app in the beauty category.

“Innovation in technology comes from the edges. While online booking for beauty services is a deceptively simple concept, no company has yet been able to create a successful marketplace for these providers, until now,” added Coelius. “There are more than 4 million beauty professionals in the U.S. alone, and many are independent owners who will directly benefit from a solution that takes care of the business minutia for them. I believe Booksy is well-poised to become the world’s largest destination marketplace for all appointment-based businesses.”

Booksy empowers service providers to focus on their trade without worrying about business management issues. And the company’s mobile-first Software-as-a-Service (SaaS) solution combines online booking, payments, and marketing tools to help providers attract, connect with, and retain clients.

Booksy’s marketplace makes it easy for consumers to discover and book local stylists, nail technicians, barbers, artists, or any appointment-based business. And it also includes accurate information on services, pricing, and availability.