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About Squire
Industries
Consumer Software
Enterprise Software
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$196.8M
Headquarters
New York City, New York
Founded
2015
Overview
Squire offers a business management software solution specifically designed for barbershops, serving over 3000 clients in this niche market. The platform includes features such as appointment booking, payment processing, and management of membership and loyalty programs, all aimed at streamlining operations and enhancing customer relationships. Squire stands out by allowing integration with social media platforms like Instagram, enabling customers to book appointments directly from a barber's profile, which simplifies the process and can boost sales. The company operates on a subscription-based model, charging barbershops for access to its comprehensive features, with the goal of helping them increase revenue and improve their overall business efficiency.
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Simplify's Take
What believers are saying
- Squire's $35M financing will drive innovation and platform expansion.
- Hiring a Chief Revenue Officer will guide Squire through global growth.
- Partnership with Base10 Partners supports scholarships, enhancing brand reputation.
What critics are saying
- Increased competition from platforms like BeatGig threatens Squire's market share.
- $35M debt financing may increase financial pressure if growth targets aren't met.
- Rapid valuation increase to $750M could lead to high investor expectations.
What makes Squire unique
- Squire integrates social media for seamless booking directly from platforms like Instagram.
- The platform offers comprehensive management tools tailored specifically for barbershop operations.
- Squire's Tap to Pay on iPhone feature simplifies contactless payments without extra hardware.
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Funding
Total Funding
$196.8M
Meets
Industry Average
Funded Over
6 Rounds
Tiger Global
SoftBank
Y CombinatorGrowth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -2%Peter D. Kiernan III. BeatGig, a NYC-based technology company providing a SaaS platform for booking, managing, and promoting live entertainment at local venues, received a strategic investment from John Hinshaw and Peter D. Kiernan III.John Hinshaw. The amount of the deal, which brought the total capita raised to $5M, was not disclosed.Both Hinshaw and Kiernan will join BeatGig’s Board of Directors. The company intends to use the funds to expand operations and its development efforts.Led by CEO Tim Mulligan, BeatGig is a provider of an operating system for live entertainment
Silicon Valley Bank extends $35M debt financing to Squire Technologies to expand its barbershop management platform. Learn how this funding will drive innovation in the industry.
NEW YORK, May 17, 2023 (Newswire.com). -. SQUIRE, the only all-in-one barbershop business management platform, announced the hiring of its first Chief Revenue Officer, Jamie Sampson. Sampson is an accomplished leader whose experience running high-performance sales teams will help SQUIRE solidify its status as the leading solution for barbershops and guide the company through a new era of growth
Squire Technologies, a technology-platform provider for barber shops, launched Tap to Pay on iPhone for U.S.-based barbers in conjunction with payments provider Stripe Inc.
Barbers using SQUIRE can now accept contactless payments simply by using iPhone. NEW YORK, July 14, 2022 /PRNewswire/ -- SQUIRE Technologies, the premier all-in-one barbershop management platform provider, announced the ability for barbers to easily and securely accept contactless payment methods with a simple tap of an iPhone—with no additional readers or hardware required
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About Squire
Industries
Consumer Software
Enterprise Software
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$196.8M
Headquarters
New York City, New York
Founded
2015
There are no jobs for Squire right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Squire