Squire Technologies, a#nbsp;San Francisco, CA-based small business management platform serving the men’s grooming segment, raised $#nbsp;8m in#nbsp;Series A#nbsp;funding.
The round, which brings total financing to#nbsp;date to $#nbsp;12.2m, was led by#nbsp;Trinity Ventures with participation from new investor 645 Ventures, as#nbsp;well as#nbsp;existing investors Y#nbsp;Combinator, Bluefog Capital, Altair Capital, and Rich Dennis' New General Market Partners.
The company intends to#nbsp;use the funds to#nbsp;accelerate investment in#nbsp;research and development, recruit product and engineering talent, and expand its market presence.
Founded in#nbsp;2015 by#nbsp;Songe LaRon and Dave Salvant, Squire Technologies provides an#nbsp;integrated software system for Barbershops and men’s salons. This software has the capability to#nbsp;serve independent professionals, stand-alone locations, and multi-location franchises, with tools such as#nbsp;Point of#nbsp;Sale, Scheduling, Payroll, CRM, and a#nbsp;host of#nbsp;other features.
The company has offices in#nbsp;San Francisco, New York City and Buffalo, NY, and maintains operations in#nbsp;28 major cities across the United States, Canada, and the United Kingdom.
Squire, a#nbsp;Y#nbsp;Combinator-backed company and is#nbsp;a#nbsp;43North award recipient, offers its platform to#nbsp;the over 400,000 barbershops and men’s salons in#nbsp;the U.S. and Canada.