About theCut
theCut is a company founded in 2016.. theCut has raised $4.5 million across 1 funding round from investors including NextGen Venture Partners, Elevate Ventures and Leadout Capital. theCut offers products and services including theCut App. theCut operates in a competitive market with competitors including Booksy, Zenoti, GlossGenius, StyleSeat and Squire, among others.
-
Sectors
TechnologyBusiness Services Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Thecut Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.5 M (USD)
in 1 rounds
-
Latest Funding Round
$4.5 M (USD), Series A
Sep 03, 2021
-
Investors
NextGen Venture Partners
& 3 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of theCut
theCut offers a comprehensive portfolio of products and services, including theCut App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for barbers to manage schedules and process payments.
Unlock access to complete
Funding Insights of theCut
theCut has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.5 million completed in September 2021. 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 1
- Last Round Series A — $4.5M
-
First Round
First Round
(03 Sep 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - theCut | Valuation | NextGen Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in theCut
theCut has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include NextGen Venture Partners, Elevate Ventures and Leadout 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 |
|---|---|---|---|---|
|
Venture capital investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Early-stage investments are made in diverse sectors by the firm.
|
Founded Year | Domain | Location | |
|
Early-stage venture funding is offered by Leadout Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by theCut
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - theCut
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thecut Comparisons
Competitors of theCut
theCut 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, StyleSeat and Squire, 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 |
It offers a platform to schedule & manages appointments for beauty services
|
|
| domain | founded_year | HQ Location |
Provider of management software for salons, spas, medical spas, and fitness
|
|
| domain | founded_year | HQ Location |
SaaS software is provided for salon management and client services.
|
|
| domain | founded_year | HQ Location |
Online platform to discover and book local beauty professionals
|
|
| domain | founded_year | HQ Location |
SaaS-driven software for salon management and scheduling is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based management software is offered for salon and spa operations.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about theCut
When was theCut founded?
theCut was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Is theCut a funded company?
theCut is a funded company, having raised a total of $4.5M across 1 funding round to date. The company's 1st funding round was a Series A of $4.5M, raised on Sep 03, 2021.
What does theCut do?
Founded in 2016, theCut operates as a mobile platform in the beauty services sector. Appointments with barbers at salons are scheduled by users, who can also review and rate services. Barbers are allowed to create profiles, list their shops, and handle appointments in real-time. Availability is provided on iOS and Android devices, with operations focused on local service management.
Who are the top competitors of theCut?
theCut's top competitors include Booksy, GlossGenius and Zenoti.
What products or services does theCut offer?
theCut offers theCut App.
Who are theCut's investors?
theCut has 4 investors. Key investors include NextGen Venture Partners, Elevate Ventures, Leadout Capital, and Singh Capital Partners.