PRIV completes $3m angel funding round

Published: 10-Nov-2014

Funding will be used for expansion plans and development of the B2B and B2C platform

PRIV, a beauty and wellness on-demand app, has completed a $3m angel round, spearheaded by the company's Executive Chairman, Alain Schibl.

The angel round funding will be used to fund expansion plans and further development of the B2B and B2C platform.

"We're excited that due to overwhelming interest from our existing strategic investors, this funding comes as an extension to our original investment pool," said Schibl. "Having recently launched in LA and announced our expansion to London, we're thrilled to announce this round of funding which will only continue to enable our growth momentum."

PRIV has reported a 63% monthly revenue growth since its launch in March. The company reports that 44% of clients make return appointments.

The PRIV app allows users to book beauty and wellness services directly to their home or office. Services include: personal training, yoga, massage, spray-tanning, hairstyling and manicures. PRIV is available for iOS and Android devices and is free to download, all service pricing includes tax and tip. PRIV is live in New York, LA, and soon to launch in London.

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