Squire

Overview

Squire (getsquire.com) is the world’s leading and fastest-growing software technology platform for barbershops, a hundred-billion-dollar global industry. They provide a one-stop solution that helps small business entrepreneurs run and grow their businesses. Squire is also the premiere booking engine that connects people with great barbers nationwide. They make it easy to discover and book the best barbers wherever you are, in just a few taps. With headquarters in New York and a presence in major cities in the United States, U.K. and Canada, Squire has quickly become a market leader in technology solutions for the barbershop industry. Squire is currently a Series D company and has raised over $165M to date.

Investment Rationale

We first met the Squire team in August of 2016 while the company was in Y-Combinator. Our original impression was that the founders were strong and. that they were building an exceptionally innovative company however, it was not the right time for us to invest. Over several years, we continued to grow our relationship with the founders and tracked the company as it grew its ACV and added a subscription revenue stream. We were impressed by the founders’ ability to innovate and add new features to increase ACV.