Fresha Raises $80 Million, Reaches $1 Billion Valuation

Beauty and wellness booking marketplace Fresha announced an $80 million investment from KKR's Next Generation Technology Growth fund. The funding values the London-based company at more than $1 billion. The company said the capital will support expansion into additional countries and development of AI features. Fresha has now raised $285 million in total funding since its founding in 2015.

Fresha reported more than 140,000 businesses on its platform, up from 60,000 in 2021. Those businesses book more than 35 million appointments each month, totaling over one billion appointments annually. The company said it works with more than 150,000 professionals across 120 countries.

The investment comes from KKR's growth equity arm, which focuses on companies with established business models that are still expanding.

Growth fund provided the $80 million round. The firm targets companies that have moved past early-stage risk and are prepared to scale operations.