Series A

Series C

Series B

Seed

Unknown Series Round

Others

Paris

Philippe Collombel

Jean-Marc Patouillaud

Partech: Leading investments in technology. Explore their portfolio and funding activity on Lucidity Insights.

Partech

Partech is a global tech investment firm, made up of independent thinkers who work together and side-by-side with the founders we back. We bring together capital, operational experience and strategic support for the entrepreneurs we back from Seed through to the Growth stage.

Dakar

Debt Financing

Wave Mobile Money

Fintech

Mobile Payments

Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money.

London

Fresha

Beauty

Health Care

Marketplace

SaaS

Wellness

Fresha is the leading marketplace platform for beauty & wellness trusted by millions of consumers and businesses worldwide. Fresha allows consumers to discover, book and pay for beauty and wellness appointments with local businesses via its marketplace, while beauty and wellness businesses and professionals use an all-in-one platform to managetheir entire operations with its intuitive free business software and financial technology solutions.

Cape Town

Yoco

Point of Sale

Payments

Software

Financial Services

Small and Medium Businesses

Yoco is Africa’s pioneering fintech, empowering businesses with a connected ecosystem of payment and business tools.

Lagos

TradeDepot

E-Commerce

Logistics

Consumer Goods

Retail & Wholesale

Supply Chain Management

TradeDepot enables manufacturers and key distributors to keep their brands in stock on the shelves of millions of retail stores across Africa and other emerging markets.

Cairo

Nawy

Property Management

Proptech

Real Estate

Residential

Property

Investments

Machine Learning

Artificial Intelligence (AI)

Property Rental

Mortgage

Nawy is a fully integrated platform delivering a seamless real estate experience for buyers, sellers, and investors.

Money Fellows

Finance

Mobile Apps

Information Technology

Credit

Money Fellows is a financial technology company that digitizes traditional money circles (ROSCAs) through a mobile app, allowing users to join flexible saving and lending groups with multiple payment options

Reliance Health

Healthtech

Hospitals and Health Care

Telemedicine

Reliance Health (the parent company of RelianceHMO, a health insurance company) is an emerging-markets-focused digital healthcare provider that offers affordable and accessible healthcare solutions through an integrated platform. It provides flat-fee healthcare plans, telemedicine, prescription delivery, and a combination of partner and proprietary healthcare facilities.

Abidjan

Djamo

Apps

Manage all your money in a single app. We're building West Africa's first financial super app with simple, secure, and 100% digital solutions so you can take control of your money, from your mobile phone.

Nomba

Banking

Retail

Electronics

Nomba is a modern financial services provider for personal and business needs across Africa and beyond.

Vendease

Hospitality

Food and Beverages

Restaurants

Point of Sales

Vendease is an online marketplace that helps Africa’s food businesses digitize, track, and automate their procurement processes.

Ikeja

Beacon Power Services

Energy

Energy Management

Beacon Power Services is a leading provider of data and software solutions for Africa’s power sector.

Dubai

Revibe

Revibe is a B2C marketplace for refurbished electronics in the UAE and KSA

New York

Kredete

Kredete is a financial technology platform that helps African immigrants in the diaspora build credit through instant international money transfers to 22+ countries, with low fees.

Almentor

Education

E-Learning

Video Streaming

almentor.net is a cutting-edge continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world. The platform was officially launched in January 2018 and currently offers the biggest Arabic high qualitycontinuous learning video library in the world, including paid courses, free talks, crash courses and books, primarily in Arabic.

Johannesburg

AURA (SA)

Security

AURA is a technology platform that enables anyone to access the closest vetted private security & medical response unit to their location, anywhere, anytime, using a connected device.

AURA Services

Defense & Security

AURA is a technology platform which enables anyone to access the closest vetted private security & medical response unit to their location, anywhere, anytime, using a connected device.

Synapse Analytics

Analytics

Artificial Intelligence

Synapse Analytics is an AI and data science company that offers products to help organizations better use and monetize their data. Their products help business leaders better manage their decisioning workflows and better monitor the business performance.

littlefish

LittleFish aims to build smart, connected infrastructure that empowers merchants and enables intelligent commerce worldwide.

inyad

Payment

Software Dev/Test

inyad is a platform that helps move offline businesses in Africa and the Middle East online by building mobile apps that enable small and medium enterprises to sell, operate, and grow efficiently.

Precium

Precium builds expansion-grade payments infrastructure for global commerce in Africa.

We help global merchants enter and scale in South Africa without the usual friction, enabling them to reduce payment failures, improve approval rates, and ensure compliance from day one.

Happy Pay

Shopping

BNPL

Happy Pay turns ads and merchant fees into zero-cost instalment payments for African consumers.

Socium

Payroll

Customer Service

Socium is an HR-tech company that provides performance monitoring, payroll, and hiring services.

Carrot Credit

Loan

Carrot provides a quick and easily accessible line of credit to its users so they never have to liquidate their portfolio when they need quick cash.

Addis Ababa

Pre-Series A

Gebeya

Talent Management

Cloud Services

EdTech

Gebeya, a leading Pan-African tech company, specializes in SaaS-enabled custom talent cloud innovation, creating opportunities and boosting Africa’s global competitiveness.

Nawy has raised $52 million in Series A funding, led by Africa-focused VC firm Partech Africa, validating its model of combining property listings with brokerage services.

Other notable investors participating in the round include Development Partners International’s Nclude Fund, e& Capital, Endeavor Catalyst, HOF Capital, March Capital Investments, Outliers, Plug and Play, Shorooq Partners, VentureSouq, and Verod-Kepple Africa Ventures.

Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA

Reliance Health, a digital healthcare provider based in Lagos and Texas, raised $40 million in a Series B funding round led by General Atlantic. This round is the largest of its kind in African health tech. Other investors include Partech, Picus Capital, Tencent Exploration, and others. The company plans to use the funds to build two more clinic facilities in Nigeria, hire talent, scale new product lines, and expand into new markets, including Egypt.

Nigerian healthtech startup Reliance Health raises $40M led by General Atlantic

Carrot Credit, a Nigerian fintech startup founded by Boluwatife Aiki-Raji in 2023, has raised $4.2 million in seed funding to enhance its alternative credit service, which allows users to secure loans by using their digital investments as collateral. Led by MaC Venture Capital and supported by Authentic Ventures, the platform enables users to borrow against their investment portfolios, offering up to 40% of stock value or 70% of fixed-income assets without requiring traditional credit scores. Carrot’s flexible repayment options and competitive interest rates position it favorably within Nigeria's lending market. With over $2 million in loans disbursed to more than 10,000 users, the startup aims to broaden access to credit across Africa by integrating its services into existing fintech platforms and appealing to a digitally savvy consumer base.

Nigerian Fintech Carrot Credit Secures $4.2M to Expand Collateralized Loan Platform

South African emergency tech startup AURA has secured €13.5 million (~R270 million) in Series B funding, marking a major milestone in its mission to democratise access to private emergency response services. The round was co-led by Cathay AfricInvest Innovation Fund (CAIF) and global VC Partech, bringing AURA’s total funding to date to €21 million (~R420 million).

SA-born AURA raises €13.5m (R270m) Series B to take on US emergency response market

Cape Town, South Africa (Sept. 26, 2023). ‍Revio, the payment orchestration platform helping merchants optimise their order to cash lifecycle, today announced a seed investment round of $5.2 million. The funding round was led by leading fintech fund QED Investors, joined by Partech and continued participation from Revio’s existing investors, Speedinvest, RaliCap, and Everywhere VC.

Announcing Revio's $5.2 million Seed round

This is the second round of funding that Revio has received in the last 12 months. In November, it secured $1.1 million in pre-seed funding from investors, including Speedinvest, Ralicap and Everywhere VC. These investors wrote follow-on checks in the QED-led seed round, joined by growth-stage pan-African VC Partech.

QED and Partech back South African payment orchestration platform Revio in $5.2M seed

Nigerian fintech startup Kudi has raised a US$5 million Series A funding round which it will use to grow its team, increase the size of its agent network, and launch new products.

Nigerian fintech startup Kudi raises $5m Series A funding

Nigerian payment service provider Nomba has raised $30 million in a pre-Series B investment to support the delivery of bespoke payment solutions for African businesses. The round, which values the company at $150 million+ according to YCombinator data on its most valuable companies, was led by San Francisco-based Base 10 Partners.

African payment service provider Nomba raises $30M, backed by Base10 Partners and Shopify

In a strategic move to enhance Africa’s energy infrastructure, Paris-based venture capital firm Partech has spearheaded a $29.8M Series A funding round for Beacon Power Services (BPS), an energy technology firm specializing in data and grid management solutions for African utilities. This investment underscores the mounting interest in sustainable energy solutions across the continent.

Beacon Power Services Raises $29.8M Series A Funding, Backed by Partech

Nigerian startup TradeDepot, an innovative SaaS platform for FMCG distribution in Africa, has secured a US$3 million Series A round led by Partech Ventures’ recently launched Africa Fund to expand in Nigeria and launch in other countries.

Nigeria’s TradeDepot secures $3m Series A round

TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative (We-Fi) and MSA Capital. This is in addition to the $3 million Series A led by Partech in 2018. TradeDepot will use the new investment to continue its integration of the fragmented informal retail supply chain in Nigeria, expand into other African cities and launch a suite of financial products and credit facilities, to support its retailers

TradeDepot secures additional $10M to transform the informal retail supply chain in Nigeria

TradeDepot, a Nigeria- and U.S.-based company that connects consumer goods brands to thousands of retailers and helps with distribution, has raised $110 million in new equity and debt funding as it looks to bring in more retail stores and expand its buy now, pay later service across the continent.

Though TradeDepot did not comment on the share of equity to debt, data from the company’s SEC filing pegs the equity share at almost $42 million.

TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa

Venture capital • 31 May 2021 Almentor secures $6.5-million in funding By Ishani Read nextWonderNet launches fast and reliable fibre for small businesses Almentor.net, a leading video e-learning platform in the MENA region, has secured $6.5-million in a funding round led by Partech with participation from Sawari Ventures, Egypt Ventures, and Sango Capital. Almentor secures $6.5-million According to reports, the recent raise of funding brings the total financing that the company has garnered since its inception to a total of $14.5-million. Cyril Collon, General Partner at Partech attributes their investment into the startup to its unique business model and offering. “We are very proud to lead this latest round of financing. Since our first interaction, we have been very impressed by Ihab and Ibrahim, two fantastic mission-driven entrepreneurs who have been executing on a bold vision since 2016, and who built the leading Arabic self-learning go-to content provider in the Middle East and Africa. We are looking forward to supporting the company in its next phase of growth to serve the 430 million Arabic-speaking population and expand access to on-demand cutting-edge personal learning & development options.” Almentor Founded in 2016, the startup has created an online learning platform for Arabic speakers and offers a wide range of exclusive training courses and talks from experts in relevant industries The course content covers a wide range of topics from health, technology, humanities, entrepreneurship, business administration, and more. Dr. Ihab Fikry, CEO and co-founder of almentor comments on the startup achieving its goals. “We are now leading the continuous video learning industry in the Arab region, and we have a responsibility that goes beyond our ambitions for Almentor Company. Our responsibility now is to work unceasingly to improve the industry as a whole in the Arab region, and this can only be achieved through gaining the confidence of the Arab learners in the value, professionalism, and impartiality of the content provided by the platform, and working in line with the global learning trends.” The tech startup claims that it currently has the largest continuous learning library in the MENA region with offices in Dubai, Cairo, and Saudi Arabia. “almentor.net library has an abundance of courses and talks that are capable of nurturing Arab youth, enhancing their personal experiences, and serving their career paths by providing them with what they deserve to advance their careers on all fronts, ” adds Fikry Read more: Local biotech startup secures $47-million Read more: Egyptian agri-fintech startup secures seven-figure amount in funding Featured image: (From left to right) Almentor’s co-founders, Ihab Fikry (CEO and co-founder), and Ibrahim Kamel (COO and co-founder) Ishani Read More Posted in Venture capitalTagged almentor, Egypt tech startup, MENA tech startups, Venture capital WonderNet launches fast and reliable fibre for small businesses Startup news • 31 May 2021 Read More

Almentor secures $6.5-million in funding

![Image 1Nickie Louise]( Posted On May 31, 2021
2.1K Views
* * 
Arabic is one of the widely spoken languages around the world. Today, it is estimated that there are more than 420 million Arabic speakers globally with 30 different dialects. Egypt has the highest population of Arabic speakers with the highest population of 82 million. While it’s easy to find online learning platforms to learn the Arabic language, there is no dedicated platform to find online learning content for Arabic speakers.
Enter Almentor, an online self-learning platform for Arabs and Arab speakers around the world. Almentor provides a continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world.
The platform was officially launched in January 2018 and currently offers the biggest Arabic high-quality continuous learning video library in the world, including paid courses, free talks, crash courses, and books, primarily in Arabic.
Today, Almentor announced it has raised $6.5 million in series B funding led by Partech, with the participation of Sawari Ventures, Egypt Ventures, and Sango Capital. The round brings the total funding raised by the company since its inception to $14.5 million.
Founded Dr. Ihab Fikry and Ibrahim Kamel, the Dubai, UAE-based Almentor was launched in 2016 to compensate for the lack of online learning content for Arabic speakers. With over 2 million successful learning experiences, and 80+ Enterprise partnerships in the MENA region, the platform offers a wide range of exclusive training courses and talks by distinguished experts who have succeeded in their personal lives and professional careers.
Through its rich content, the platform supplies learners with unique solutions across a diversity of disciplines including health, technology, humanities, entrepreneurship, business administration, and many more.
“We are very proud to lead this latest round of financing” stated Cyril Collon, General Partner at Partech. “Since our first interaction, we have been very impressed by Ihab & Ibrahim, two fantastic mission-driven entrepreneurs who have been executing on a bold vision since 2016, and who built the leading Arabic self-learning go-to content provider in the Middle East and Africa. We are looking forward to supporting the company in its next phase of growth to serve the 430 million Arabic-speaking population and expand access to on-demand cutting-edge personal learning & development options.”
From his side, Wael Amin, Partner at Sawari Ventures said: “We have supported Almentor’s mission from its beginning and are pleased to participate in this latest round. Almentor has achieved notable traction in a space where there has been a limited success for regional players and has managed to efficiently deliver during the pandemic. We are impressed by what the team has achieved and are excited to be part of the journey,” he added.
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Almentor closes $6.5M Series B funding to provide online video learning content to 430 million Arabic-speaking population - Tech Startups

almentor Raises $10M in Series C Funding
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almentor Raises $10M in Series C Funding
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By FinSMEs
March 17, 2023
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almentor, a Dubai, UAE-based provider of an online video learning platform in Arabic, raised $10M in Series C funding.
The round was led by e& capital, Partech, Sawari Ventures, Egypt Ventures, Sango Capital and Endure Capital.
The company intends to use the funds to increase its investment in the B2C segment and to expand in Saudi Arabia.
Led by CEO Dr. Ihab Fikry and COO and Mr. Ibrahim Kamel, almentor is a provider of an online video learning platform in Arabic. Since 2016, the company has worked with more than 950 mentors to create over 1,000 online courses for individuals, corporations, and government entities. The start-up recently launched its monthly & annual subscription plans where learners get unlimited access to a library of over 700 courses on topics as diverse as health, humanities, technology, entrepreneurship, business management, lifestyle, drama, sports, corporate communication, and digital media.
The company targets a market of more than 400 million Arabic speakers with underserved educational needs.
The team also includes Sonia Lekhal (Chief Customer Officer), Adel Khalil (Chief Technology Officer), Sally Metwally (Chief Business Development Officer), Tharwat Ibrahim (Chief Finance Officer), and Ahmed Faysal (Chief Content Production Officer).
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almentor Raises $10M in Series C Funding

News • 17 Mar 2023 almentor raises $10m to accelerate growth in MENA By Ivor Price Read nextUse offshore crypto safeguards, urges Xapo CEO almentor co-founders Ihab Fikry and Ibrahim Kamel. Photo: Supplied/Ventureburn almentor, an Egyptian edtech company, has raised $10 million in growth capital in a pre-series C round led by e& capital, the tech investment arm of e&. The company will use the funds to accelerate its growth towards its goal of serving ten million learners in the MENA region. almentor combines personalised learning experiences with high-quality Arabic content, and its mission is to increase accessibility to affordable quality education for Arabic-speaking communities. The MENA region has more than 400 million Arabic speakers with underserved educational needs. The region’s population is growing at a faster pace than that of developed markets, but it remains lagging in spending and investment in education. Dr Ihab Fikry, co-founder and CEO of Almentor, mentioned that “empowering ten million learners is a key milestone in almentor’s broader vision of creating hope and development opportunities for the people in MENA.” Eddy Farhat, vice president at e& capital, believes that almentor’s personalised learning experiences and high-quality Arabic content will be instrumental in achieving this goal. The funds will be used to increase almentor’s investment in the B2C segment and to expand in Saudi Arabia. The company has recently made several senior hires and key promotions, including Sonia Lekhal as chief customer officer, Adel Khalil as chief technology officer, Sally Metwally as chief business development officer, Tharwat Ibrahim as chief finance officer, and Ahmed Faysal as chief content production officer. These hires will enable almentor to unlock its next stage of growth. almentor has worked with more than 950 mentors since its inception in 2016 to create over 1 000 online courses for individuals, corporations, and government entities. It recently launched its monthly and annual subscription plans, where learners get unlimited access to a library of over 700 courses on topics as diverse as health, humanities, technology, entrepreneurship, business management, lifestyle, drama, sports, corporate communication, and digital media. Ziad Awad, CEO of Awad Capital, commented that they are proud to be supporting almentor in its mission of bringing affordable quality education to all. almentor’s success in raising $10 million in growth capital in a pre-series C round led by e& capital is a testament to its mission and vision of creating hope and development opportunities for the people in MENA. READ NEXT: Flat6Labs launches $95m fund for African tech start-ups Ivor Price Ivor Price is a multi-award-winning journalist. Read More Posted in News, StartupsTagged almentor, edtech Use offshore crypto safeguards, urges Xapo CEO Cryptocurrency • 17 Mar 2023 Read More

almentor raises $10m to accelerate growth in MENA

South African fintech startup Yoco has raised $16 million in Series B funding, bringing its total investment to $23 million. The round was led by Partech, with participation from Orange Digital Ventures, Dutch Development Bank FMO, FutureGrowth, Quona Capital, and Velocity Capital. Yoco plans to use the funds to expand its user base and add more features to its platform, which currently serves 27,000 merchants.

Fintech Whizz Yoco Raises Further $16 Million After Tripling Users

South African-based point of sale payments provider Yoco has raised a Series B round of $16 million led by Partech, with participation from Orange Digital Ventures, FMO, Quona Capital, and Velocity Capital. The funding will be used for product development and staff recruitment, bringing Yoco's total investment to $23 million. Cyril Collon from Partech will join Yoco's board.

South African paytech Yoco raises $16m funding

Yoco raised $16 million in Series B funding, bringing its total investment to $23 million. The funding round was led by Partech, with Cyril Collon joining Yoco's board. Yoco aims to expand its card payment solutions for small businesses in South Africa and has plans for pan-African growth.

Yoco raises Series B Funding - Connect // Cowork // Create

Vendease raised a $20 million Series A equity round co-led by TLcom and Partech, with participation from VentureSouq, Hustle Fund, Hack VC, GFR Fund, Kube VC, Magic Fund, and Kairos Angels. Additionally, a $10 million debt round was raised from the local finance market. The funding will help expand Vendease's digital procurement platform for restaurants in Nigeria and Ghana, aiming to optimize the food supply chain, reduce wastage, and provide working capital solutions. Andreata Muforo from TLcom and Cyril Collon from Partech will join Vendease's board.

Vendease secures $30 million to transform procurement and business operations for restaurants across Africa | Partech

Inyad is building mobile apps that empower small and medium businesses, helping them sell, run, and grow their activities.
Inyad sparks a revolution in the way small merchants operate in the Middle East and North Africa. The company's user-friendly platform empowers entrepreneurs to embrace the digital age and achieve success. With a suite of services, including digital bookkeeping, payment solutions, and seamless e-commerce integration, Inyad paves the way for merchants to thrive in the fast-evolving digital landscape.

Mobile apps that empower small and medium businesses

Money Fellows, a leading fintech platform in Africa, has raised $13 million in its latest funding round, bringing total investments since its inception to over $60 million. The investment, co-led by Al Mada Ventures and DPI Venture Capital, among others, will enhance its digital platform to support an expanding user base of over 8.5 million and partnerships with over 350 regional collaborators. The funds will facilitate the company's expansion into new markets, particularly North Africa, modernizing traditional savings methods and promoting financial inclusion. Founded in 2017 by Ahmed Wadi, Money Fellows aims to revolutionize financial services by digitizing community-based savings and creating accessible financial tools for underserved populations. Upcoming events like the 2025 Africa Cup of Nations and the 2030 FIFA World Cup are expected to further accelerate digital finance adoption in the region.

Money Fellows Secures $13M Pre-Series C to Scale Across North Africa

While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure.

Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based fintech says it’s ready to shift from steady growth to regional expansion.

The round, which also drew participation from Partech Africa and CommerzVentures, brings the company’s total funding to just over $60 million.

MoneyFellows raises $13M to take its group savings model outside Egypt

Egyptian fintech company MoneyFellows has bagged $31 million in a series B funding round, aiming to boost its geographical expansion, a statement showed Sunday.

The round was led by CommerzVentures, Middle East Venture Partners (MEVP), and Arzan Venture Capital. Invenfin and National Investment Company (NIC) as well as existing investors such as Partech, Sawari Ventures, 4DX, and P1Ventures, also took part in the round.

The funding will help MoneyFellows accelerate its growth by diversifying its portfolio of services and growing its product offerings across the B2C and B2B segments, as well as expanding its footprint across Africa and Asia.

Egypt’s Fintech Firm MoneyFellows Lands $31M In Series B Funding Round

Egypt-based MoneyFellows, has secured a $4 million Series A investment from venture capital firms Partech and Sawari Ventures.

Founded in 2016 by Ahmed Wadi, the financial technology (fintech) startup digitises the prevalent practice of gam’ia or rotating savings and credit association (ROSCA), helping individuals and groups effectively manage their finances and savings. 

The startup plans to use the funds to expand its operations across the African continent, scale its business and boost its financial offerings.

MoneyFellows raises $4 million in Series A

Beauty and wellness businesses have come roaring back to life with the decline of COVID-19 restrictions, and a startup that’s built a platform that caters to the many needs of small enterprises in the industry today is announcing a big round of funding to grow with them.

Fresha — a multipurpose commerce tool for independent wellness and beauty businesses such as hair, nail and skin salons, yoga instructors and more, based first and foremost around a completely free subscription platform for those businesses to schedule bookings from customers — has picked up $100 million.

Fresha plans to use the funds to expand the list of countries where it operates, to grow the categories of companies that use its services (mental health practitioners is one example; fitness is another) and to build more services complementing what it already provides, helping customers do their work by providing them with more insights and data about what they do already. It will also be making acquisitions to expand its customer base.

General Atlantic is leading this Series C, with Huda Kattan, Michael Zeisser of FMZ Ventures and Jonathan Green of Lugard Road Capital also participating, along with past investors Partech, Target Global and FJ Labs.

Fresha has raised $132 million to date, and it’s not disclosing its valuation. But as a point of reference, when it closed its Series B (as Shedul; the company rebranded in February 2020), it was valued at $105 million.

Chances are that figure is significantly higher now.

Fresha raises $100M for its beauty and wellness booking platform and marketplace

Shedul, the online booking platform for salons and spas, has raised $20 million in Series B investment, valuing the company at $105 million.

The round was led by Paris headquartered VC Partech, with participation from Berlin-based Target Global, Dubai-based BECO Capital and New York’s FJ Labs. In addition, a personal investment was made by entrepreneur Niklas Östberg, founder and CEO of Delivery Hero.

I also understand the fundraise was oversubscribed, and on top of the $20 million included $3 million on secondary funding. The Series B brings the total amount raised by Shedul to $32 million to date.

Launched in 2015, Shedul describes itself as a “SaaS-enabled marketplace” for salons and spas globally. Its core — and free product — is a SaaS designed to help salons and spas manage their day-to-day sales and operations. Features include managing bookings, point-of-sale, customer records, inventory and financial reporting.

Shedul, the booking platform for salons and spas, raises $20M Series B at a $105M valuation

Beauty and wellness platform Fresha has raised over $52 million in an extension of its recent Series C funding round, bringing its valuation to over $640 million. The investment was led by Michael Lahyani and BECO Capital, with participation from existing investors General Atlantic, Partech, Target Global, and FMZ Ventures.

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