About Mayvenn
Mayvenn is a company based in San Francisco (United States) founded in 2012.. Mayvenn has raised $73 million across 4 funding rounds from investors including Goldman Sachs Asset Management, Cleveland Avenue and Andreessen Horowitz. The company has 56 employees as of December 31, 2022. Mayvenn operates in a competitive market with competitors including Rebundle, Woven Hair, Klaiyi Hair, Lux Hair Boutiquee and JXP Collection, among others.
- Headquarter San Francisco, United States
- Employees 56 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mayvenn, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$73 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series C
Jun 30, 2022
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Investors
Goldman Sachs Asset Management
& 10 more
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Employee Count
56
as on Dec 31, 2022
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Funding Insights of Mayvenn
Mayvenn has successfully raised a total of $73M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in June 2022. 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 4
- Last Round Series C — $40.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series C - Mayvenn | Valuation | Cleveland Avenue | |
| Nov, 2018 | Amount | Series B - Mayvenn | Valuation | Esense Ventures | |
| Jun, 2015 | Amount | Series A - Mayvenn | Valuation | a16z |
| 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 Mayvenn
Mayvenn has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Goldman Sachs Asset Management, Cleveland Avenue and Andreessen Horowitz. 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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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage companies
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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 Mayvenn
| 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 - Mayvenn
| 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 |
Mayvenn Comparisons
Competitors of Mayvenn
Mayvenn 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 Rebundle, Woven Hair, Klaiyi Hair, Lux Hair Boutiquee and JXP Collection, 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 |
Plant-based braiding hair is provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Hair extensions are offered via an internet-first brand model.
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| domain | founded_year | HQ Location |
Offers a proprietary brand of virgin hair extensions.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering organic hair extensions.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand specializing in organic hair extensions.
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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 Mayvenn
Frequently Asked Questions about Mayvenn
When was Mayvenn founded?
Mayvenn was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Mayvenn located?
Mayvenn is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Mayvenn a funded company?
Mayvenn is a funded company, having raised a total of $73M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jul 24, 2013.
How many employees does Mayvenn have?
As of Dec 31, 2022, the latest employee count at Mayvenn is 56.
What does Mayvenn do?
Mayvenn was founded in 2012 in San Francisco, United States, and operates as an online retailer in the beauty sector. A catalog of products including hair bundles, lace closures, frontals, wigs, and clip-ins is provided, available in various colors, textures, and lengths. Virgin human hair is claimed as the source material, with sales conducted exclusively through the internet platform at mayvenn.com.
Who are the top competitors of Mayvenn?
Mayvenn's top competitors include Rebundle, Woven Hair and Klaiyi Hair.
Who are Mayvenn's investors?
Mayvenn has 11 investors. Key investors include Goldman Sachs Asset Management, Cleveland Avenue, Andreessen Horowitz, Esense Ventures, and Impact America Fund.
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