Kiute

Kiute, headquartered in Paris, France, operates a leading platform for booking beauty and haircare services, facilitating users' access to a variety of salons and beauticians across major cities. Founded in 2014, Kiute provides a comprehensive platform for booking beauty services. The company has completed 3 deals, with its most recent being on November 30, 2021, leading to its acquisition by Booksy Holdings, Inc. from Newfund Management and Serena for undisclosed financial terms.

The latest funding round raised EUR 5. 499 mn and was led by Serena, contributing to a current company valuation of EUR 19. 609 mn. Kiute specializes in connecting clients with beauty and haircare services through an online booking system.

The platform offers access to a variety of beauty treatments, including hair coloring techniques, nail art, and massages, catering to clients in Paris, Lyon, Marseille, and Bordeaux. It allows users to discover and reserve appointments at various salons, enhancing convenience and choice for beauty professionals and consumers alike. For the year 2023, Kiute reported a revenue of EUR 6,327,037. 90, with an EBITDA of EUR -2,628,703.

90. The revenue model is based on direct service bookings made through the platform, which operates on a commission structure benefiting both clients and salon partners. Kiute aims to expand its market presence by launching new products and entering additional geographic regions. Following the recent funding of EUR 5.

499 mn, the company plans to enhance its platform's features and user experience while targeting expansion into new cities within France. The company will leverage the funds from its latest deal to invest in technology and marketing initiatives to support this growth strategy.