Fundz

Rowan Raises $20M Series B To Expand Retail Footprint And Provide Job Opportunities For Nurses

PRIVATEOct 27, 2021

Amount Raised

$20 Million

Round Type

Series B

AllstonSoftware

Description

Rowan, the innovative, female-founded startup powering the future of ear piercing, today announces its $20M Series B raise led by VMG Partners. Additional notable investors include Thirty Five Ventures, TABLE Management, Beechwood Capital, Silas Capital, Goldcrest Capital and entrepreneur Sara Foster. With the capital, Rowan will expand its brick-and-mortar footprint, with locations in Miami, Denver and Atlanta expected by end of Q1 2022; hire additional nurses; and build its product assortment of hypoallergenic jewelry to ensure that ear piercing is a celebratory and safe occasion for all.

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Company Information

Company

Rowan

Location

121 FRANKLIN STREET

Allston, Massachusetts, United States

About

Rowan is building modern computational tools to accelerate chemical innovation. We believe there is unmet demand for well-engineered chemistry software and that better tools are one of the most effective ways to drive scientific progress. We're also optimistic about the ability of small, for-profit companies to complement existing scientific institutions.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Rowan 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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