Squire squares $59m series C round

Dec 11, 2020 • Callum Cyrus

SoftBank Opportunity Fund has backed a debt and equity round that reportedly valued the hair appointment management platform at $250m.

US-based hairdresser management software producer Squire Technologies received $59m in series C funding yesterday from investors including telecommunications and internet group SoftBank’s Opportunity Fund.

Multi-family-office Iconiq Capital led the round, which consisted of $44m in equity funding and $15m in debt financing. It was also backed by Tiger Global Management, CRV, Trinity Ventures, New General Market Ventures and assorted individuals.

Squire offers business management software for men’s hair salons and barbershops. The series C round lifted the company’s valuation to…

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