Black-Owned Beauty And Tech Company Mayvenn Raises $40 Million In Series C Funding Round; Plans To Use Capital To Expand Partnership With Walmart

What was once just a digital marketplace for hair extensions and weave bundles has expanded into an online database that offers a space for hair stylists to grow their businesses and consumers to find local salon services. On June 26, Black-owned beauty and tech company Mayvenn announced it raised $40 million in a Series C funding round. Leading investments came from Chicago-based venture fund Cleveland Avenue, with participation from the Growth Equity business within Goldman Sachs Asset Management and a 16z. Read the full article: Forbes

Black-Owned Beauty And Tech Company Mayvenn Raises $40 Million In Series C Funding Round; Plans To Use Capital To Expand Partnership With Walmart

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