Phorest

Dublin, Ireland Founded: 2003 • Age: 23 yrs
SaaS-based software solutions for beauty salon management are provided.
Annual revenue - Latest available
Total funding $49.4M 5 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Phorest

Phorest is a company based in Dublin (Ireland) founded in 2003 by Ronan Perceval. Phorest has raised $49.38 million across 5 funding rounds from investors including Canadian Imperial Bank of Commerce, Enterprise Ireland and Susquehanna Growth Equity. Phorest offers products and services including Salon Management App, Online Booking, Marketing Suite, POS Software, and Client Management. Phorest operates in a competitive market with competitors including Booksy, Zenoti, GlossGenius, Squire and Booker, among others.

  • Headquarter Dublin, Ireland
  • Founders Ronan Perceval
  • Sectors
    Technology
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Phorest Salon Software
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $49.38 M (USD)

    in 5 rounds

  • Latest Funding Round
    $12 M (USD), Debt – Conventional

    Mar 07, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Phorest

Phorest offers a comprehensive portfolio of products and services, including Salon Management App, Online Booking, Marketing Suite, POS Software, and Client Management.

Product name locked
Category locked
Primary

App for scheduling and managing salon operations efficiently.

Product name locked
Category locked
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System for clients to book appointments via website or app.

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Category locked
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Tools for SMS, email campaigns, and client loyalty programs.

Product name locked
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Point-of-sale for handling transactions and inventory.

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Database for storing and managing client information securely.

People of Phorest

Headcount 50-200
Employee Profiles 7
Employee Profiles
People
John Doran
Chief Technology Officer
People
Damyan Damyanov
Senior Software Engineer
People
Toyib Ahmed
Software Engineer
People
Donnchadh Coffey
Website Manager And Developer

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Teams

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Funding Insights of Phorest

Phorest has successfully raised a total of $49.38M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $12 million completed in March 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.

Investors in Phorest

Phorest has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Enterprise Ireland and Susquehanna Growth Equity.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm
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Venture capital funding is provided for early-stage Irish companies.
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Investor details for Phorest

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Investments & Acquisitions by Phorest

Investments
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Investment portfolio details for Phorest

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  • Transaction dates
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Financial Statements - Phorest

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Detailed financials for Phorest

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Phorest Comparisons

Phorest Primary company
Description
SaaS-based software solutions for beauty salon management ar...
Location
Dublin, Ireland
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Phorest

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Competitors of Phorest

Phorest 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 Booksy, Zenoti, GlossGenius, Squire and Booker, among others.

Company Name Domain Founded year HQ Location Description
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It offers a platform to schedule & manages appointments for beauty services
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Provider of management software for salons, spas, medical spas, and fitness
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SaaS software is provided for salon management and client services.
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SaaS-driven software for salon management and scheduling is provided.
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Cloud-based management software is offered for salon and spa operations.
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SaaS-based management software for salons and spas is provided.
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Detailed competitors of Phorest

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Latest news on Phorest

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Complete news archive for Phorest

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Frequently Asked Questions about Phorest

Phorest was founded in 2003 and raised its 1st funding round 8 years after it was founded.

Phorest is headquartered in Dublin, Ireland.

Ronan Perceval is the current CEO of Phorest. They have also founded this company.

Phorest is a funded company, having raised a total of $49.38M across 5 funding rounds to date.

Phorest was founded in 2003 in Dublin, Ireland, as a provider of SaaS-based software for the beauty salon sector. Core operations focus on tools such as online booking services, point-of-sale systems, inventory management, loyalty programs featuring treat cards and points, and performance reporting. Pricing structures are adjusted based on selected features, supporting salon efficiency across various locations.

Phorest's top competitors include Booksy, GlossGenius and Zenoti.

Phorest offers Salon Management App, Online Booking, Marketing Suite, POS Software, and Client Management.

Phorest has 6 investors. Key investors include Canadian Imperial Bank of Commerce, Enterprise Ireland, Susquehanna Growth Equity, Enterprise Equity, and Bloom Equity.

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