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Phorest - About the company

Phorest is a series B company based in Dublin (Ireland), founded in 2003 by Ronan Perceval. It operates as a Provider of SaaS-based software solutions for beauty salon management. Phorest has raised $49.4M in funding from investors like Susquehanna Growth Equity, Enterprise Ireland and AIB Seed Capital Fund. The company has 23 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Booker, SalonAppy and The Assistant Company.

Company Details

Provider of SaaS-based software solutions for beauty salon management. It provides an online booking service, POS, inventory management, treats cards and points for loyalty, and performance reports. The pricing varies on the number of features offered.
Social
X
Key Metrics
Founded Year
2003
Location
Dublin, Ireland
Stage
Series B
Total Funding
$49.4M in 5 rounds
Ranked
Annual Revenue
£0 - £1M as on Jun 30, 2023
Employee Count
521 as on Aug 31, 2026
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Phorest's funding and investors

Phorest has raised a total funding of $49.4M over 5 rounds. Its first funding round was on Aug 20, 2011. Its latest funding round was a Conventional Debt round on Mar 07, 2022 for $*****. 1 investor participated in its latest round. Phorest has 6 institutional investors.

Here is the list of recent funding rounds of Phorest:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 07, 2022
7555093
Conventional Debt
5994565
7836173
1564988
1598521
Jun 06, 2021
5263505
Series B
8273601
9559151
3937097
Jun 16, 2018
3674937
Series A
3696209
8460278
9402342
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Phorest's founders and board of directors

Founder? Claim Profile
The founders of Phorest is Ronan Perceval. Ronan Perceval is the CEO of Phorest.
Here are the details of Phorest's key team members:

Phorest's employee count trend

Phorest has 521 employees as of Aug 26. Here is Phorest's employee count trend over the years:
Employee count trend for Phorest
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Phorest's Competitors and alternates

Top competitors of Phorest include Booker, SalonAppy and The Assistant Company. Here is the list of Top 10 competitors of Phorest, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Booker
Booker
2007, New York City (United States), Acquired
Cloud-based Business Management Software for salon and spa businesses
$93.5M
72/100
2nd
Logo for Phorest
Phorest
2003, Dublin (Ireland), Series B
Provider of SaaS-based software solutions for beauty salon management
$49.4M
61/100
3rd
Logo for SalonAppy
SalonAppy
2018, Besiktas (Turkey), Unfunded
Software solutions for beauty centre management
-
-
45/100
4th
Logo for The Assistant Company
The Assistant Company
2001, Hartberg (Austria), Acquired
Spa and activity management software provider
-
44/100
5th
Logo for Salonist
Salonist
2017, Singapore (Singapore), Unfunded
Developer of all-in-one salon management software for beauty and wellness businesses
-
-
43/100
6th
Logo for MioSalon
MioSalon
2016, Chennai (India), Unfunded
Software solution for spas & salons
-
-
41/100
7th
Logo for TapNail
TapNail
2018, Sydney (Australia), Unfunded
Business management mobile app for nail salon owners
-
-
39/100
8th
Logo for Ikosoft
Ikosoft
1993, Aix en provence (France), Unfunded
Native and cloud-based business management software for beauty salons
-
-
39/100
9th
Logo for MBO
MBO
1995, Seattle (United States), Unfunded
Cloud-based appointment management software for beauty service providers
-
-
29/100
10th
Logo for Zappy
Zappy
2016, Porto (Portugal), Unfunded
Business management software for salons
-
-
26/100
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Phorest's Investments and acquisitions

Phorest has made no investments or acquisitions yet.

Reports related to Phorest

Here is the latest report on Phorest's sector:

News related to Phorest

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HBAN Angels Receive a 10 Times Return on Phorest InvestmentIndustry and Business•Aug 08, 2018•Phorest
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