Hair-colouring brand Madison Reed will use the proceeds from the Comcast-led round to expand its brick-and-mortar colour bars.
US-based hair colouring brand Madison Reed has secured $25m in a round led by Comcast Ventures, the venture capital arm of mass media group Comcast, to expand its network of brick-and-mortar outlets.
The round also included participation from venture capital firms Norwest Venture Partners (NVP), True Ventures and Calibrate Ventures.
Founded in 2013, Madison Reed develops hair colouring products that are free from harsh chemicals such as ammonia. It also offers an online assessment service to help customers find their…
