Unicorns are ready for a haircut

The digitization of your haircut may not have been on your 2020 bucket list, but 2021 has an even more surprising line item: Tech-powered barbershops are now a business proposition valued at nearly a billion dollars. Squire is a back-end barbershop management tool for independent businesses. I first covered it in the early months of the COVID-19 pandemic. The startup raised millions of dollars days before its key clientele — barber shops — were shut down across the country. The company eventually went from defense to offense in its growth strategy, finding itself as a key partner for any barbershop that needed to start offering contactless payments, digital appointment booking and a more seamless customer experience built for a generation used to doing everything online. This week, Squire tripled its valuation thanks to a Tiger-Global-led round. The company is now worth $750 million, after being valued at around $75 million when we first spoke to them. When I spoke to co-founder Dave Salv… Click below to read the full story from TechCrunch
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