Beautystack complete a 4 million financing in the UK cosmetics booking service

Beautystack is used to complete 4 million seed round financing, which is led by Index Ventures, a venture capital company. Beautystack will use financing to expand team size and develop internal technology.

Beautystack was founded in April 2017 and is a professional cosmetic service booking platform with social nature. Sharmadean Reid, the founder of Beautystack, opened a nail salon in London before founding Beautystack. During her conversations with cosmeticians and users, she found that many users would browse the Instagram and Tumblr accounts of nail salons. When they met their favorite nail styles, they would take a screenshot and ask what style they liked. As a result, Sharmadean Reid had the idea of creating Beautystack, in which users could communicate directly with professional cosmeticians behind the images and Book services.

Through Beautystack, users can browse the content recommended by editors and explore new cosmetologists. If they encounter their favorite cosmetologists, users can directly subscribe to professional cosmetologists who design this style. Through Beautystack community, users can comment on their favorite cosmetologists, upload their newly made hairstyles and nails, and share their hairstyles with friends. Teachers nail division information.

Professional cosmeticians can upload their own cosmetics modeling pictures in Beautystack, and have their own customer base to manage their trading accounts.

Sharmadean Reid said that the company's focus at this stage is still on internal construction. "The first thing we need to do is recruit people, expand the team size, and strive to build a better community. We should focus on the development of technology, expand the market segment of cosmetics through technology, to meet more needs of cosmetics users, rather than anxious to cash in on users. Index Venture will bring more market and technical support to Beautystack. As an Internet mobile platform, Beautystack's market is not limited to the UK. Many professional cosmeticians from Peru, New Zealand and Chile have applied to join the platform. Sharmadean Reid said: "If a girl is flying to Los Angeles now, she can use Beautystack to see what fashionable manicurists there are."

98% of the cosmetics professionals in the cosmetics industry are free professions. Sharmadean Reid has been encouraging nail salons not to work in one place for too long, not more than three years at most, to accumulate a fixed customer base of their own. Sharmadean Reid said that many new generation women want to have their own business and be their own boss, which is the real needs and ideas of these cosmeticians. Through Beautystack, he hopes to help these independent beauticians build their own customer base and earn a steady income on that basis.

About Index Venture

Index Venture was founded in Geneva in 1996. It is an international venture capital company with offices in San Francisco and London. It mainly invests in technology-driven companies. Its portfolio covers e-commerce, financial technology, mobile technology, games and other fields. Its portfolio includes fashion e-commerce Asos and Farfetch. As well as Internet cosmetics brand Glossier and so on.