Tippy, operated by parent DirectTIPS LLC and based in Fort Lauderdale, FL, offers a digital tipping system built for salon and spa professionals. The product includes a mobile app (available in app stores) and a salon-facing customer terminal (available at meettippy.com). Tippy launched in early December and is already operating in 60 salons. The platform focuses on increasing service professionals' tips and depositing them into their personal bank accounts the next day. The company is led by CEO David Tashjian and Founder/CIO Terry McKim. Proceeds from the recent financing will support a nationwide roll out. DirectTIPS is the parent company of Tippy, a digital tipping system designed for salon and beauty industry professionals. The company’s technology offers a suite of tools meant to reduce salon owners’ processing fees and improve service providers’ tips. Tippy was slated for launch in August 2018. DirectTIPS said it will use the Series A proceeds to accelerate product innovation and market expansion. The company is led by CEO/President David Tashjian and has recruited industry veterans such as Pat Parenty and Michael Sampson to its advisory board. The business is based in Ft. Lauderdale, Fla.

Total raised

$3M

Funding rounds

2

Latest round

Series B

Latest activity

Jan 2019