About Drybar
Drybar is a company based in Irvine (United States) founded in 1999 by Alli Webb was acquired by WellBiz Brands in February 2021.. Drybar has raised $38 million across 5 funding rounds from investors including KeyBank, Morgan Stanley and Roark Capital. Drybar operates in a competitive market with competitors including Beachwaver, BELLAMI Hair, Tymo Beauty, RevAir and FHI Heat, among others.
- Headquarter Irvine, United States
- Founders Alli Webb
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$38 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
KeyBank
& 10 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Drybar
Drybar has successfully raised a total of $38M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(20 Jan 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series C - Drybar | Valuation |
investors |
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| Mar, 2016 | Amount | Debt – Conventional - Drybar | Valuation |
investors |
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| Jun, 2014 | Amount | Series B - Drybar | Valuation | SPK Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Drybar
Drybar has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KeyBank, Morgan Stanley and Roark Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on US-based companies.
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Founded Year | Domain | Location | |
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Castanea Partners is focused on consumer brand investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Drybar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Drybar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drybar Comparisons
Competitors of Drybar
Drybar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beachwaver, BELLAMI Hair, Tymo Beauty, RevAir and FHI Heat, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers a proprietary brand of hair styling tools for women.
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| domain | founded_year | HQ Location |
Hair extensions and accessories are manufactured and sold online.
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| domain | founded_year | HQ Location |
Haircare and styling appliances are offered online by Tymo Beauty.
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| domain | founded_year | HQ Location |
Hair care accessories are developed and marketed by RevAir.
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| domain | founded_year | HQ Location |
Internet first brand offering hair styling tools for professionals and home users
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Drybar
Frequently Asked Questions about Drybar
When was Drybar founded?
Drybar was founded in 1999 and raised its 1st funding round 13 years after it was founded.
Where is Drybar located?
Drybar is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Is Drybar a funded company?
Drybar is a funded company, having raised a total of $38M across 5 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jan 20, 2012.
What does Drybar do?
Drybar was established in 1999 by founder Alli Webb in Irvine, United States. Operations are centered on the beauty sector, with a focus on hair products distributed primarily via an online platform at drybar.com. The company maintains an e-commerce model to reach customers across the United States, providing a range of styling and care items without physical retail emphasis. Headquarters remain in Irvine, supporting digital sales and product development.
Who are the top competitors of Drybar?
Drybar's top competitors include FHI Heat, BELLAMI Hair and Goody Products.
Who are Drybar's investors?
Drybar has 11 investors. Key investors include KeyBank, Morgan Stanley, Roark Capital, Helen of Troy, and WellBiz Brands.