Glambook, a global beauty tech company that provides a SaaS platform for self-employed beauty professionals and their clients, announced today that it has secured €500K funding at a €3.5 million post-money valuation. The round was led by a group of angel investors, including German investor Vlad Pinskij, an early investor in Endel, and serial entrepreneur Nikolay Piskunov.
Founded in 2020, Glambook is designed to create a seamless digital booking experience for independent beauty professionals and their clients. More than 4,000 self-employed professionals from Berlin, London, Milan, and 50 other cities across Europe have already registered with the platform.
“The future belongs to mobile beauty professionals,” said Alex Tomchenko, founder and CEO of Glambook. “All the participants benefit from using the platform: clients can choose specialists based on reviews, independent professionals can bring their services to the location of client’s choice and schedule appointments using Glambook and avoid losing money on no-shows.”
The company will spend this round of financing to further boost the platform’s growth and expand its services in the UK, Italy, and Germany. The team will also allocate part of the funds to enhancing and increasing user value to considerably boost user engagement and become the platform of choice for finding beauty experts.
“The beauty service market in Europe has been on the rise,” said Vlad Pinskij. “This is the perfect time to make it more accessible by introducing new digital technology and modernizing the space. I’m inspired by Glambook’s vision and their global expertise in the digital realm, and I see strong potential for future growth opportunities.”