Beauty booking startup Fresha reaches $1B valuation with KKR
Original: Beauty booking startup Fresha hits $1 billion valuation with KKR backing
Why This Matters
Demonstrates growth potential in B2B beauty tech and marketplace consolidation trends
London-based beauty and wellness booking marketplace Fresha raised $80 million from KKR's Next Generation Technology Growth fund, achieving a $1 billion valuation. The platform serves 140,000 businesses processing 35 million monthly appointments.
Fresha, founded in 2015, announced the funding round that values the company at over $1 billion. The investment from KKR's growth equity arm signals the company has moved past early-stage risks and is ready for aggressive scaling. Since TechCrunch's 2021 coverage when it had 60,000 businesses across 120 countries, Fresha has grown to 140,000 businesses processing more than 35 million appointments monthly - over a billion annually. This volume places it among the largest scheduling platforms across all industries. The company has raised $285 million total and plans to use the new capital for geographic expansion and AI feature development.