Treatwell IE

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Treatwell IE - overview

Established

2008

Location

London, -, UK

Primary Industry

Internet

About

Treatwell is an online platform specializing in booking beauty and wellness appointments, offering convenient access to a variety of self-care services across salons and spas in Europe. Founded in 2008, Treatwell operates as a booking platform that connects consumers with beauty service providers. The company is headquartered in London, UK. Treatwell has successfully completed 10 deals to date, with the most recent deal occurring on January 17, 2018, during which it raised GBP 74.


99 million in Series C funding. This funding round values the company at GBP 387. 13 million, reflecting its growth trajectory. Treatwell operates as a leading online platform for booking beauty and wellness appointments, providing a user-friendly interface for consumers to discover and book treatments at various salons and spas.


The core offerings include a wide range of services such as haircuts, massages, manicures, and skincare treatments, catering to individuals seeking convenient and accessible self-care options. The platform allows users to search for local salons based on various criteria, including treatment type, customer reviews, and pricing. Treatwell serves a diverse client base, including both consumers looking for personal care services and businesses within the beauty industry that wish to enhance their visibility and attract new customers. Geographically, Treatwell operates in multiple markets across Europe, including the United Kingdom, France, Germany, and the Netherlands, effectively reaching a broad audience of end-users.


Treatwell generates revenue primarily through transaction fees collected from salons and spas for bookings made through its platform. The revenue model involves direct transactions between consumers and service providers, with Treatwell charging a commission on each booking completed via its site. Salons can also engage in promotional partnerships with Treatwell to increase their visibility, which may include featured listings or targeted advertising. Pricing structures for salon services vary by location and type, with specific offerings tailored to meet the demands of different markets.


The platform’s flagship service is its seamless appointment booking system, which enhances customer convenience while driving business to partnered salons through increased appointment volume. In January 2018, Treatwell raised GBP 74. 99 million in Series C funding, which will support its ongoing development and market expansion strategies. The funds will be allocated towards enhancing the platform's technology, improving user experience, and facilitating entry into new geographic markets, particularly in the broader European region.


Treatwell plans to explore opportunities in additional countries to further broaden its customer base and service offerings.


Current Investors

Eight Roads Ventures, Ambient Sound Investments, Recruit Holdings

Primary Industry

Internet

Sub Industries

Fitness & Wellness Facilities, Web Applications, Search Engines

Website

www.treatwell.co.uk

Verticals

E-commerce, Mobile Apps

Total Amount Raised

Subscriber access only

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