Hair Color Innovator Madison Reed Raises Over $50 Million to Continue Omnichannel Expansion
Amount Raised
$50 Million
Round Type
Funding Round
San FranciscoOtherSoftwareConsumer GoodsBeautyDescription
Madison Reed announced a $52 million financing round to continue to fuel its omnichannel expansion and build upon the 130 percent growth it saw during 2020. The round was led by True Ventures, an investor in Peloton, Ring and Blue Bottle Coffee. The round includes participation from Norwest Venture Partners, Comcast Ventures and Shea Ventures — all of which have invested in earlier rounds. New investors include Goldman Sachs, Motley Fool Ventures, Portfolia Rising America Fund and Portfolia FirstStep Fund.
Quick answer
Madison Reed raised $50 Million in a Funding Round round, dated February 24, 2021. Madison Reed is based in San Francisco, California, United States.
- How much did Madison Reed raise?
- Madison Reed raised $50 Million in a Funding Round round on February 24, 2021.
- What does Madison Reed do?
- Madison Reed is a beauty company revolutionizing the way women color their hair.
- Where is Madison Reed based and how big is it?
- Madison Reed is based in San Francisco, California, United States. Fundz records about 651 employees.
- Who are the decision-makers at Madison Reed?
- Fundz holds 1 contact at Madison Reed. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Consumer Goods and Beauty around the same time
Companies in the same sectors as Madison Reed that raised within 45 days of this round, from Fundz verified event records.
- Purplle raised $45M (Funding Round) on March 22, 2021.
- Fetcher raised $6M (Series A) on March 19, 2021.
- Workiz raised $13M (Series B) on February 24, 2021.
- Picky, Inc. raised $1M (Pre-Seed) on January 13, 2021.
- First Resonance, Inc. raised $3.5M (Seed) on April 9, 2021.
- CometChat Inc. raised $2.6M (Seed) on April 9, 2021.
Who to call at Madison Reed, and when
A new round usually means Madison Reed is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Madison Reed raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Madison Reed, from your own LinkedIn network
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Related People
Madison Reed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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