HAIR & SKIN operates a network of clinics that perform hair-transplantation procedures and related treatments. The company currently runs 17 locations across Swiss cities including Zürich, Luzern, Bern and Lausanne. Management projects strong revenue growth, expecting a fourfold increase for 2022 versus the prior year and at least another doubling in 2023. The business is using capital to expand its clinic network and pursue larger development projects. Leadership says they are assessing multiple foreign markets and plan to pursue international expansion once target markets are chosen. By the end of 2023 the company aims to grow its Swiss footprint to 25 locations. HAIR & SKIN operates ambulatory hair-transplantation clinics and has established itself as the Swiss market leader. The company is pursuing rapid geographic expansion of its treatment centres, having opened two new sites in Zug and Olten and targeting growth from 16 to 20 locations by year-end, with a first Tessin site planned for 2023. Revenue momentum is strong: first-half revenue already exceeded the prior year's total and full-year revenue is expected to roughly quadruple year‑over‑year. The startup was founded in 2020 and is a roughly two‑year‑old scale‑up. Financially, it has previously raised about CHF 5 million across three seed rounds and a Series A, and it now obtained external debt to fund further growth. UBS's financing supports the company as it aims to reach breakeven in the near term. Hair & Skin, founded in 2020 and originating in Winterthur, focuses exclusively on hair-transplantation and PRP (autologous blood) therapies. The narrow focus lets the company offer treatments from CHF 2,900 (versus typical CHF 5,500) through specialization, efficient processes and a high degree of digitalization. In under two years it has grown to over 100 employees and has treated about 3,500 patients. The chain operates 14 clinics after recent openings in Lausanne and Fribourg and plans to open a Geneva location in May as it expands into the Romandie. Growth has been financed by experienced investors and roughly CHF 5 million in venture capital. The company positions itself to become a market leader in Swiss hair-transplantation services through scale and standardized, cost-efficient operations.

Total raised

$9M

Funding rounds

3

Latest round

Series B

Latest activity

Oct 2022