Vagaro provides an all-in-one cloud business management platform and online marketplace for salons, spas, fitness studios, and wellness businesses, handling bookings, payments, inventory and operations. The product includes tools for appointment booking, inventory management, payroll and recently added credit-card processing in Canada, Australia and the United Kingdom. Vagaro emphasizes an a la carte pricing model, ease of use, and lower cost versus competitors to serve businesses of all sizes. The company says its clients’ sales grew more than 105% in the last year and that clients are selling almost 15% more versus pre-COVID; it also enabled customers to livestream more than 313,000 classes during the pandemic. Vagaro plans additional international expansion in 2022 and a roadmap of product improvements and continued customer support. The company is valued at $1 billion following the new investment led by FTV Capital. Vagaro provides an all-in-one, cloud-based suite of back-office and consumer-facing software for salon, spa and fitness businesses, including appointment booking, calendaring, client management, marketing, reporting, payroll, inventory management and payment acceptance. The company also operates an online marketplace (Vagaro.com) and a booking app that connect consumers with local service providers. Recent product additions include a form builder for registrations, waivers and surveys and a competitively priced multi-transaction EMV reader for faster payments. Vagaro serves businesses in the United States, Canada, the United Kingdom and Australia. The company plans to continue investing in industry-specific cloud technology, expand payment solutions and digital functionality, and grow its sales, marketing team and geographic footprint.

Total raised

$63M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2018