Planity raises $48 million because even hair salons need their own SaaS product

If you’ve ever traveled in rural areas in France, you may have realized a French peculiarity. Even in the seemingly less-populated towns, there’s a hair salon.

French startup Planity has been taking advantage of France’s love affair with hair salons to launch a SaaS product for these businesses in particular. Over time, the company expanded to other types of beauty salons, such as barbers and nail salons.

And it has been working surprisingly well, as there are now more than 40,000 small businesses relying on Planity for appointment booking and more. In fact, the startup recently raised a €45 million Series C round ($48 million at today’s exchange rate) led by InfraVia Capital Partners with existing investors Crédit Mutuel Innovation, Revaia and Bpifrance’s Digital Venture fund also participating.

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