Boulevard, a Self Care Platform, Obtains USD 70 Million in Investment Led by Point72 Private Investments
- 15th Aug 2022
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Point72 Private Investments led a $70 million Series C fundraising round for Boulevard, a platform for appointment-based, self-care enterprises.
The business claims it would use the money to improve its investment in R&D, speed up the rollout of new platform capabilities, and enter new markets in the self-care industry.
Point72's head of growth-stage investing, Eddie Kang, will be joining Boulevard's board of directors in addition to providing finance.
According to a press statement from Boulevard's CEO and co-founder Matt Danna, the funding will be used to expand the company's workforce and improve the platform.
It comes as Boulevard announced its fastest-ever growth in 2021, doubling its client base and increasing its yearly recurring income by 188% year-over-year.
Fortune magazine recognised the firm as one of the greatest places to work for millennials, and Forbes just named it one of the Best Startup Employers in the United States for 2022.
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