Fundraising Fox

GlossGenius

Unicorn · $1.1BTechstars '15

New York City, US · Delaware corporation · 11 known investors

GlossGenius provides employee management software designed for beauty, wellness, and health businesses. The platform handles staff scheduling, payroll, commission tracking, and performance analytics through a single integrated system.

Also known as Genius AI · Gloss Genius

Founders & leadership

DCDanielle Cohen-Shohet
Danielle Cohen-ShohetinFounder
LC
Leah Cohen-Shohet

Board

IF
Ian FriedmanBoard director
KBKent Bennett
Kent Bennettin𝕏Board directorPartner at Bessemer Venture Partners

Investors · 11

Also in the syndicate · 3

Imaginary VenturesL Catterton Growth FundStepStone Private Ventures

Reported raises · per SEC filings

Form D private placements

$28M disclosed across 1 of 2 rounds · 2023–2025

$28MraisedAug 2023 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ian FriedmanDirector
  • Danielle Cohen-ShohetExecutive Officer, Director
  • Kent BennettDirector
  • Leah Cohen-ShohetExecutive Officer
Offering amount
$36M
Amount sold
$28M
First sale
Jul 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$1.1Bvaluation at Series DJan 2025
filing ↗
$510Mvaluation at Series CJul 2023
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

GlossGenius operates a vertical software and embedded payments platform for in-person service businesses in beauty, wellness, medspa, health and fitness. The product bundles online booking and scheduling, a booking website builder, point of sale and card readers, payouts, memberships and packages, gift cards, invoices, inventory and retail management, staff management, time tracking, payroll, expense tracking, reporting and analytics, client profiles and CRM, email and text marketing, forms and waivers, and HIPAA-compliant charting/EMR workflows for aesthetics practices. The company markets a suite of 100+ features intended to replace multiple point tools for salons, spas, medspas, barbershops, tattoo and piercing studios, massage and physical therapy practices, fitness and yoga studios, and independent practitioners, and supports both booth-rental and commission-based team models as well as multi-location businesses.

More recently the platform has been positioned around "always-on" AI agents and AI teammates, including a Growth Agent/Growth Analyst that surfaces revenue opportunities and answers business questions, an AI marketing assistant that drafts email and text campaigns, automated rebooking prompts, and Reception by GlossGenius, an announced 24/7 call and text answering product that books appointments directly into the calendar. Sources describe a rebrand of the corporate identity to Genius AI, with GlossGenius continuing as the flagship product and the broader ambition of an operating system for service-based businesses using agentic AI to run end-to-end administrative workflows.

The company is based in New York City and was founded by twin sisters Danielle Cohen-Shohet (CEO) and Leah Cohen-Shohet. Reported scale includes 120,000+ businesses on the platform (100,000+ owners cited on the company's About page), penetration of roughly half of all U.S. ZIP codes, and a revenue run rate approaching $200 million.

Founding story

Danielle Cohen-Shohet and her twin sister Leah Cohen-Shohet had previously launched a digital receipts point-of-sale venture while in college. Danielle experienced the administrative pain points of running a makeup artistry business and managing clients, then learned to code in order to build the first version of GlossGenius. The company's About page frames the founding premise around the average service business losing more than $150,000 a year in revenue to no-shows, missed rebookings and hidden processing fees, and describes the twins' doubled capacity as the model for the "edge" the product aims to give owners.

Business model

GlossGenius sells tiered SaaS subscriptions combined with embedded payment processing. Beauty and wellness plans are Standard ($28/month, or $24/month billed annually), Gold ($56/$48, for businesses up to 9 staff) and Platinum ($168/$148, for teams of 10+); medspa and aesthetics plans are Practice Essentials ($168/$148) and Practice Advanced ($298/$248). Payroll is a paid add-on at $40/month plus $6 per seat. All plans include a flat 2.6% card processing rate with no additional Tap to Pay, card-on-file or manual-entry fees, free same-business-day payouts Monday-Thursday, and optional instant payouts for an added 1.8% fee. Free trials require no credit card, and free data migration is offered to switchers.

Recurring monthly or annual subscription fees per business, plus transaction revenue from payment processing at a flat 2.6% rate, instant-payout fees of 1.8%, and add-on modules such as payroll priced per month and per seat. Additional monetized products referenced include buy now, pay later, gift cards, memberships and packages, and financing.

Traction

The company's site cites 120,000+ businesses on the platform and customer-reported outcomes of 26% more revenue in year one, 75% average rebooking rates, 40 hours per month saved on admin, and a 22% average booking increase in the first year; teams using GlossGenius Payments are said to earn 65% more revenue than those using cash or other processors. The About page cites 100,000+ owners served and a US addressable base of 2.5 million service businesses. Press coverage reported over 60,000 spas and salons on the platform as of July 2023, handling billions of dollars in annual activity. A later report cites more than 125,000 businesses across roughly half of all U.S. ZIP codes, a revenue run rate approaching $200 million, nearly $7 billion in annual sales processed, 112 million administrative hours saved, and $2 billion in additional revenue generated for users.

Latest developments

A $44 million Series D led by Lux Capital at a $1.15 billion post-money valuation, with participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures, StepStone Private Ventures and existing investors, taking total funding above $125 million; proceeds are directed at customer expansion, agentic AI product development and scaling operations. Alongside the round the company rebranded to Genius AI, broadening from beauty and wellness tooling toward an operating system for service businesses with autonomous agentic workflows. Product-level developments include newly labeled Packages & Memberships and Room & Resource Management features, a multi-location offering with unified client lists and cross-location scheduling and reporting, AI Growth Analyst and AI marketing assistant tiers, and Reception by GlossGenius, a 24/7 call and text answering add-on marked coming soon.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as a vertical SaaS plus embedded payments provider for beauty and wellness, compared in press coverage to Toast, ServiceTitan and Procore in other verticals. Coverage describes it as one of the fastest-growing software companies in its space, powering billions of dollars of annual transaction activity, while competing in a crowded appointment-booking market where Vagaro, Booksy, Mindbody, StyleSeat and Fresha were reported to capture 76% of online traffic among the top five players. Rivals Fresha ($100M in 2022), Booksy ($70M in 2022) and Boulevard ($70M in a round closing in late 2022) were all well funded at the time of the 2023 Series C. A later profile places the company in unicorn territory at a $1.15 billion valuation and cites Vagaro, Mindbody and Boulevard as competitors.

The company positions against legacy and generalist competitors on breadth of an integrated feature set (100+ features spanning booking through payroll), design and ease of use, a login-free client booking experience with no app download, transparent pricing without add-on fees for core features, a flat 2.6% processing rate with no hidden fees for Tap to Pay, card-on-file or manual entry, customizable branded card readers, free white-glove data migration and support, and AI agents that automate revenue recovery, marketing and reception work. Coverage frames the differentiation as narrow vertical focus with deep domain workflow coverage rather than horizontal tooling.

Technology

Cloud platform accessible from desktop, phone and tablet, with a login-free client booking flow that requires no app download. Capabilities include real-time multi-provider calendars with two-way calendar sync, gap and processing time, resource management to prevent double bookings, waitlist automation, deposits and card-on-file policies, Tap to Pay on iPhone and Android plus proprietary customizable card readers, automated client notifications, barcode-driven inventory updates, timesheet sync into payroll, HIPAA-compliant forms, SOAP notes, photo markup and MD sign-off, automatic photo sorting, and Google marketing analytics with website pixel tracking. AI components include agentic "AI teammates" (Growth Agent/Growth Analyst for revenue opportunity detection and custom reports, an AI marketing assistant for campaign copy) and an announced AI reception agent handling calls and texts 24/7. The founder learned to code to build the original MVP.

Go-to-market

Self-serve free trial signup with no credit card plus a sales-assisted motion for teams (demo requests for staff of 2+, "talk to sales" for multi-location operators). Conversion of competitors' users is a central tactic, supported by a free white-glove data transfer service that imports appointments, services, inventory and client lists. Distribution is amplified through client-facing booking integrations with Google (Reserve with Google), Instagram, Facebook and Yelp business profiles, automated review generation, SEO content and success stories on the company blog, customer testimonials and App Store-style reviews, referral credits, and Gloss University educational content.

Owner-operators and teams in appointment-based service industries: hair and nail salons, barbershops, spas, medspas and aesthetics practices, estheticians, lash and brow and makeup artists, massage and physical therapy, chiropractic, acupuncture, behavioral therapy, tattoo and piercing studios, tanning salons, personal trainers, pilates and yoga studios. The platform serves single practitioners, booth renters, commission-based teams, and single- and multi-location businesses.

Geography

Headquartered in New York City with a customer base concentrated in the United States; a later source reports coverage of roughly half of all U.S. ZIP codes and references the 2.5 million US service businesses as the addressable market.

History

Press coverage dates the founding of New York-based GlossGenius to 2016 under Danielle Cohen-Shohet, while a later profile gives 2015 and names both twin sisters as founders, with Danielle as CEO. In July 2023 the company raised a $28 million Series C led by L Catterton at a $510 million valuation, described as its second up-round in 12 months and bringing total capital raised to roughly $70 million. The company subsequently raised a $44 million Series D led by Lux Capital at a $1.15 billion valuation, taking total funding above $125 million, and rebranded its corporate identity to Genius AI while retaining GlossGenius as the flagship product.

Risks & controversies

Press coverage highlights a crowded and competitive appointment-booking market, noting that 76% of online traffic in the segment goes to the top five players (Vagaro, Booksy, Mindbody, StyleSeat and Fresha) and that well-funded rivals Fresha, Booksy and Boulevard each raised $70-100 million around 2022, making continued differentiation the company's central challenge. Other cited risks for the category include integration complexity and the economic sensitivity of discretionary consumer services. Sources also disagree on basic facts, giving founding dates of both 2015 and 2016 and business counts of 100,000+, 120,000+ and 125,000+.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Additional customer revenue generatedJan 2025$2B
Admin hours saved per month per businessJan 202540 hours
Administrative hours saved for customersJan 2025112,000,000 hours
Annual sales processed through platformJan 2025$7B
Average booking increase in first yearJan 202522%
Average customer revenue growth in first yearJan 202526%
Average rebooking rateJan 202575%
Business owners servedJan 2025100,000+
Businesses on platformJan 2025120,000 businesses
Payment processing rateJan 20252.6%
Revenue run rateJan 2025$200M
Spas and salons using platformJul 202360,000 businesses
Total funding raisedJan 2025$125M
US ZIP code coverageJan 2025roughly half of all US ZIP codes
ValuationJan 2025$1.1B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Fresha’s Website295750 shared keywordsFresha is a booking platform and business management software for salons, barbershops, medspas, and wellness studios, letting consumers discover and book beauty and self-care appointments while providing businesses with online booking, payments, reminders, and consultation forms. It operates as a marketplace connecting clients with self-care providers across 120+ countries.
Booksy257752 shared keywordsBooksy is a free mobile app for discovering and booking appointments with beauty and wellness service providers such as barbers, hairdressers, massage therapists, and manicurists. The platform eliminates the need for phone calls by enabling instant online booking and appointment management available 24/7.
Styleseat106909 shared keywordsStyleSeat operates a US online marketplace for independent beauty and grooming professionals. Consumers use it to search for stylists and book appointments, while the professionals get scheduling and business management tools for handling clients and bookings.
BirdEye105963 shared keywordsBirdeye offers an AI-powered platform with multi-agent "AI Coworkers" that handle marketing, operations, and customer experience tasks such as search optimization, review generation, listings management, social posting, and front-desk coordination. It serves multi-location businesses, providing a unified view of customers, locations, and interactions.
Atly90621 shared keywordsAtly is a location discovery app that helps people find restaurants, bars, and places to visit through personalized recommendations and user-generated tips. The consumer platform has been described as combining social community content with map-based navigation.
Nextdoor (NYSE: 2021)60605 shared keywordsNeighborhood social network; IPO 2021
Greatclips45554 shared keywordsGreat Clips operates a chain of hair salons offering walk-in haircut services, with an online check-in feature that lets customers reserve a spot in line remotely.
Ulta Salon Cosmetics Fragrance44467 shared keywordsUlta Beauty is an international specialty beauty retailer offering cosmetics, fragrance, skin care, wellness, hair care products, and salon services from over 600 brands across more than 1,500 locations primarily in the U.S., with additional operations in the U.K., Ireland, Mexico, and the Middle East.
Groupon, Inc.42713 shared keywordsGroupon operates a marketplace connecting consumers with discounted deals from local and national merchants across restaurants, beauty services, travel, entertainment, and retail products.
ClassPass37085 shared keywordsClassPass, based in New York City, runs a subscription service that gives members access to fitness classes and wellness appointments across many independent studios and gyms. The platform connects consumers with providers while helping those providers fill unused capacity.

Companies competing with GlossGenius for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2025
$44M Series D led by Lux Capital at $1.15B valuation

Series D of $44 million led by Lux Capital with participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures, StepStone Private Ventures and existing investors, at a $1.15 billion post-money valuation and total funding above $125 million.

$44M source ↗

Jan 2025
Rebrand to Genius AI

The company rebranded from GlossGenius to Genius AI, retaining GlossGenius as its flagship product while positioning itself as a broader operating system for in-person service businesses with agentic AI capabilities.

source ↗

Jan 2025
AI agents and Reception by GlossGenius announced

The platform introduced AI teammates including a Growth Agent/Growth Analyst that surfaces revenue opportunities and builds custom reports and an AI marketing assistant for email and text campaigns, plus Reception by GlossGenius, a 24/7 call and text answering add-on listed as coming soon.

source ↗

Jan 2025
Multi-location management, Packages & Memberships, and Room & Resource Management

Newly flagged features include a multi-location offering with a unified client list and history, location-specific service menus, cross-location staff scheduling and per-location reporting, plus Packages & Memberships and Room & Resource Management.

source ↗

Jul 2023
GlossGenius raises $28M Series C led by L Catterton at $510M valuation

The company announced a $28 million Series C led by L Catterton with participation from Bessemer Venture Partners and Imaginary Ventures, valuing it at $510 million and bringing total capital raised to roughly $70 million; proceeds were earmarked for new products for beauty and wellness business owners and team investment.

$28M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
GlossGeniusDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does GlossGenius do?
GlossGenius is an all-in-one booking, payments and operations platform for beauty, wellness and medspa businesses.
Who founded GlossGenius?
GlossGenius was founded by Danielle Cohen-Shohet, Leah Cohen-Shohet.
Who are GlossGenius's investors?
GlossGenius's investors include 2048 Ventures, Bessemer Venture Partners, Imaginary Venture Capital, Left Lane Capital, Techstars, Vibe Capital, HearstLab, L Catterton.
How much funding has GlossGenius raised?
GlossGenius has disclosed $28M raised across 1 of its 2 known rounds.
Where is GlossGenius headquartered?
GlossGenius is headquartered in New York City, US.