01.04.23
Glowbar has received a $10 million Series A funding.
The round, led by Salt Lake City-based investment firm Peterson Partners, is expected to double Glowbar’s studio count by year’s end, further invest in training facial bar aestheticians and expanding senior leadership.
Recently, Drybar Cofounder Alli Webb and Bluemercury Cofounder Marla Beck took on key advisory roles for the company’s subsequent growth phase.
Glowbar is a four-year-old facial bar founded by aesthetician Rachel Liverman with roots in a Manhattan in a Tribeca studio following a city-wide expansion into the Upper East Side, Union Square and Williamsburg, with additional locations in Roslyn, Westport, CONN., and plans to expand into the Boston. Aligned with its name, Glowbar is known for its half-hour, $65 facial, chemical peels, extractions, LED and dermaplaning, a minimally invasive cosmetic procedure that involves shaving away the uppermost layers of the skin to help mitigate the appearance of acne scars or other skin imperfections by revealing newer, undamaged skin.
The news comes on the heels of Heyday’s announcement of its $12 million Series B extension. Level 5 Capital Partners led this extension less than two years after the brand’s initial $20 million Series B.