Geselle Group receives $500k in capital.
Geselle Group, a Karlstad, Sweden-based startup working to provide a software as a service solution for hairdressers, announced in a press release raising SEK 4.5M ($490k) in capital investment.
The financing was provided by a group of business angels with backgrounds in retail and sales, who matched a SEK 2M contribution from Almi Invest.
The money will be used for the development of the digital platform and for international launch.
Geselle Group, founded in 2017 by CEO Reine Johansson, developed a web-based platform that provides hairdressers with access to a complete suite of digital tools for e-commerce, online booking, their own mobile app, CRM and payment.