Fosun helps pamper StyleSeat with $25m

Jul 14, 2015 • Thierry Heles

Fosun-backed fund Kinzon Capital led the online beauty services marketplace's series B round, bringing its overall funding to more than $40m.

US-based beauty appointment booking platform StyleSeat has secured $25m in a series B round led by Kinzon Capital, a subsidiary of conglomerate Fosun International, Fortune reported yesterday.

Venture capital firms Lightspeed Venture Partners, Cowboy Ventures and Slow Ventures also participated in the round.

Founded in 2011, StyleSeat operates an online marketplace through which consumers can book appointments with independent beauty professionals. The company also offers a platform to those professionals to manage their businesses, handling administrative tasks such as taxes…

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