ShearShare
Latest round
- Seed
Last raised
- Feb 2022
Total raised
- $5.7M
Investors
- 21
About ShearShare
Based in Texas, US, and founded in 2017, SmileBack, LLC operates as a developer of a mobile application that offers a gig economy in the beauty industry connecting salon suites with individual beauty professionals for on-demand rentals. The company offers a B2B platform, ShearShare, for the salon and barbershop industry by connecting space owners with independent beauty professionals. ShearShare addresses the need for flexible, affordable workspace solutions in the beauty industry. The company enables salon and barbershop owners to monetize their unused spaces, turning empty suites and stations into revenue-generating assets. This approach also helps beauty professionals rent workspaces on demand, without long-term contracts or commissions, in over 900 cities (as of May 2024). The firm generates revenue by listing fees and service charges associated with the rental transactions on its platform. Beauty professionals can rent space starting at USD 15 per day at a daily liability insurance as well as portable healthcare benefits and free point-of-sale hardware for USD 5.
Who invested in ShearShare
21 investors across 3 rounds
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Questions about ShearShare
Who invested in ShearShare?
ShearShare has 21 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ShearShare raised?
ShearShare has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did ShearShare last raise money?
ShearShare's most recent round on record is a Seed, in Feb 2022.
What does ShearShare do?
Based in Texas, US, and founded in 2017, SmileBack, LLC operates as a developer of a mobile application that offers a gig economy in the beauty industry connecting salon suites with individual beauty professionals for on-demand rentals.
Where is ShearShare headquartered?
ShearShare is headquartered in McKinney, US.
Which VCs invest in companies like ShearShare?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at ShearShare's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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