Back in 2017, a team of visionaries including Daniel Lang, Dan Poineau, and Sandra Huber came together to create Mangomint, a revolutionary startup disrupting the salon and spa industry with their cutting-edge operations software. Unlike other software providers, Mangomint offers an all-in-one solution that not only books appointments but also automates text communications, revolutionizing how beauty and wellness businesses operate.
The company targets small and medium-sized businesses in the beauty industry, with a market estimated to reach $185 billion by 2030. Mangomint has seen impressive growth, with annual recurring revenue and customer numbers soaring over 100% annually. With notable clients like Ouidad, OSEA, and Surya Spa, Mangomint has already processed over $1 billion in transactions.
Recently, Mangomint announced a $35 million Series B raise led by Altos Ventures, with participation from SaaStr Fund. This investment will fuel the company's expansion, allowing them to hire top talent and develop new automation-driven features to enhance customer engagement and retention.
Competing with industry giants like GlossGenius and MindBody, Mangomint is poised to lead the next wave of vertical software companies, unlocking significant value for SMBs in the salon and spa community. With a focus on innovation and customer profitability, Mangomint is set to revolutionize the industry with their new marketing and communication tools.
As an investment manager and financial market journalist, it's clear that Mangomint's disruptive approach to salon and spa operations software is a game-changer in the industry. Their impressive growth, innovative solutions, and strategic partnerships make them a strong investment opportunity for the future. For individuals looking to invest or businesses considering implementing new software solutions, Mangomint is a company to watch as they continue to redefine the beauty and wellness industry.