SQUIRE Technologies Gets $60M Financing for Series D; Rating triples to 750M

'I want a solution to this problem' |  Business owner in downtown Austin reacts to implementation of camping ban

This product will increase the opportunity for shop owners to become more effective, as well as fine tune their business acumen, by helping their barbers build more financial stability. SQUIRE’s innovation has only expanded with the creation of SQUIRE Capital — a money management platform set to feature tools tailored to the unique needs of barbershop operations, such as the ability to receive payment instantly upon services rendered. “Our software helps our customers with nearly every workflow in their business, including scheduling, CRM, payments, inventory, payroll and more,” says Songe LaRon, SQUIRE Co-Founder and CEO.  “With SQUIRE Capital, we’re expanding our ecosystem to provide financial tools such as instant deposits, cash advances and debit cards that will empower our customers to succeed financially.”

The company has already been able to grow exponentially — making an indelible mark by servicing over 2000 partners, in 40 major markets, across three continents, and now boasts over 175 employees. “This capital injection will allow us to further scale our sales and engineering teams. We are super excited to deepen our relationship with Tiger Global,” says Dave Salvant, SQUIRE Co-Founder and President.

“We’re excited to further our commitment to SQUIRE, and with Dave and Songe, as they continue to build the tools and systems that are necessary in this industry,” says John Curtius, Partner at Tiger Global.  “As businesses begin to reopen, SQUIRE is at the forefront of forward-thinking solutions that advance both the shop owner and client experience.” Since 2015, SQUIRE has been the only full-scale barbershop management and POS system of its kind, — providing the support needed for shop owners to both scale their business and increase clientele, while also reducing the amount of time spent in back-office operations.

SOURCE SQUIRE Technologies

Founded in 2015, SQUIRE Technologies provides a robust, fully integrated software system for Barbershops and men’s salons. This software can serve independent professionals, stand-alone locations, and multi-location franchises, with tools such as Point of Sale, Scheduling, Payroll, CRM, and a host of other features. SQUIRE has offices in New York City and Buffalo, NY, and maintains operations in 35 major cities across the United States, Canada, and the United Kingdom. SQUIRE is a Y Combinator-backed company and is a 43North award recipient. For more information, visit http://www.getsquire.com About SQUIRE Technologies

The News Highlights

  • SQUIRE Technologies Gets $60M Financing for Series D; Rating triples to 750M
  • Check the latest News news updates and information about business, finance and more.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
COVID cases decline or are leveling off for Tipton County Schools |  News
COVID cases decline or are leveling off for Tipton County Schools | News
Tipton started the school year mask-optional, and the policy remains. Like nearly every other area school district, parents opposed to masks and sending ...
Krispy Kreme shares slip on opening trade, reverse higher
SmileCon events aim to help dentists on their financial journey
The Q&A session with dentists and Equitable Financiall advisors will help attendees learn more about how to develop a holistic financial plan, with ...
Serviced office giant IWG explores multibillion pound dispart plan
Serviced office giant IWG explores multibillion pound dispart plan
Mark Dixon, founder and CEO of IWG, is in the early stages of examining a series of corporate actions that he believes will crystallize significant value for ...
Who won the INVEST Digital Health Pitch Perfect contest?
Who won the INVEST Digital Health Pitch Perfect contest?
Nickolas Mark, a managing director and partner at Intermountain Ventures, noted that “each presentation was impressive and shows what an impactful community is ...
Treasurer Tobias Read launches campaign for governor of OR
Treasurer Tobias Read launches campaign for governor of OR
Read joins an expanding Democratic primary field. Five candidates have officially filed to run for governor with the Oregon secretary of state, not including ...
To 2030, the global smart watch industry is expected to grow at a rapid pace
To 2030, the global smart watch industry is expected to grow at a rapid pace
This report provides strategists, marketers and senior management with the critical information they need to assess the global smart watch market. DUBLIN, ...
Berliners in favor of the measure to expropriate 240,000 apartments
Berliners in favor of the measure to expropriate 240,000 apartments
The proposal would affect about 15% of rented apartments in Berlin. The representatives of the initiative known as Expropriate Deutsche Wohnen & Co, ...
Former Firefighters Union Treasurer accused of fraud
Former Firefighters Union Treasurer accused of fraud
In 2017 and 2019, more than $18,000 was charged to union credit cards for two cruises. Day was hired by the fire department in 1986 and worked as a ...
How China Plans to Repel an Evergrande Financial Crisis
How China Plans to Repel an Evergrande Financial Crisis
China has a lot to do with its ability to manage the fallout from an Evergrande collapse. After Xi Jinping, China’s most powerful leader in generations, ...
New soundbar models launched by Walton
New soundbar models launched by Walton
Bangladeshi technology products manufacturer Walton has launched two models of soundbars under its sound device brand “Chorus”. The e-commerce platform, a ...
Show next
Compsmag - Latest News from tech, business and health
Logo