ShearShare is a B2B mobile marketplace that lets licensed beauty and barbering professionals rent flexible, affordable workspace with no-term leases or commission fees. The platform supports 900 cities and has grown into a nationwide marketplace serving tens of thousands of industry professionals, owners, and operators. ShearShare recently completed a rebrand, launched an improved mobile UX, and expanded educational and business resources for its user community. It offers daily liability insurance through an exclusive partnership with Lloyd’s of London. The company plans to hire a CTO and a Head of Revenue Operations, amplify self-service features, expand its on-demand rental database, and introduce proprietary analytics for small business owners. ShearShare has established headquarters at 43North in Buffalo, NY. ShearShare operates an online marketplace that lets stylists book open chairs or stations at salons and barbershops, matching supply and demand across locations. The founders launched the Dallas-based company in 2017 and have expanded listings to more than 600 cities, with chair prices ranging from about $15 to $569 depending on market. The platform processes payments for stylists via a partnership with First American Payments. ShearShare serves both stylists and salon owners rather than focusing solely on consumer booking or salon management. The company plans to roll out ancillary services for stylists, including pioneering an insurance policy to cover on-the-job lawsuits. With new funding and a Google for Startups grant, the team says it is ready to accelerate expansion and add more services for independent beauty professionals.

Total raised

$5M

Funding rounds

3

Latest round

Seed

Latest activity

Apr 2022