About ShearShare
ShearShare is a company based in Dallas (United States) founded in 2015 by Tye Caldwell and Courtney Caldwell.. ShearShare has raised $5.1 million across 6 funding rounds from investors including Google, Bumble and Lightspeed Venture Partners. ShearShare operates in a competitive market with competitors including MY SALON Suite, Hill Country Salon Suites, STYLETRAIL and HairMLS, among others.
- Headquarter Dallas, United States
- Founders Tye Caldwell, Courtney Caldwell
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.1 M (USD)
in 6 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Mar 31, 2022
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Investors
Google
& 21 more
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Employee Count
Employee Count
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Funding Insights of ShearShare
ShearShare has successfully raised a total of $5.1M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $2.3M
- First Round First Round
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - ShearShare | Valuation | Fearless Fund | |
| Oct, 2021 | Amount | Seed - ShearShare | Valuation | 43North |
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| Oct, 2020 | Amount | Seed - ShearShare | Valuation | Precursor Ventures |
| 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 ShearShare
ShearShare has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Google, Bumble and Lightspeed Venture Partners. 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 funding is provided for women of color entrepreneurs.
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Founded Year | Domain | Location | |
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Empire State Development is focused on economic growth in New York.
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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 ShearShare
| 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 - ShearShare
| 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 |
Shearshare Comparisons
Competitors of ShearShare
ShearShare 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 MY SALON Suite, Hill Country Salon Suites, STYLETRAIL and HairMLS, 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 |
Private salon suites are rented via an online platform.
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| domain | founded_year | HQ Location |
Provides luxury salon suites for rent to beauty and wellness professionals in Georgetown.
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| domain | founded_year | HQ Location |
Operates a digital hub for renting spaces tailored to beauty salons and services.
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| domain | founded_year | HQ Location |
Online platform connecting beauty pros for suites, booths, and job listings.
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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 Shearshare
Frequently Asked Questions about ShearShare
When was ShearShare founded?
ShearShare was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is ShearShare located?
ShearShare is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of ShearShare?
Tye Caldwell is the current CEO of ShearShare. They have also founded this company.
Is ShearShare a funded company?
ShearShare is a funded company, having raised a total of $5.1M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Nov 18, 2016.
What does ShearShare do?
Founded in 2015 in Dallas, United States, ShearShare operates as a B2B platform in the beauty industry. Salon spaces, chairs, rooms, barbershops, and equipment are rented on demand to professionals, with pricing set by salons to generate rental income. A subscription model is also provided for artists. The platform is accessible via mobile apps on Google Play and the Apple Store.
Who are the top competitors of ShearShare?
ShearShare's top competitors include MY SALON Suite, Hill Country Salon Suites and STYLETRAIL.
Who are ShearShare's investors?
ShearShare has 22 investors. Key investors include Google, Bumble, Lightspeed Venture Partners, UT Dallas, and Fearless Fund.