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Madison Reed Raises $33 Million To Further Expand Hair Color Bar and Retail Footprint

Plans to expand to 80 hair color bars nationwide and scale its omnichannel business.

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By: Christine Esposito

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Madison Reed has announced $33 million in new financing led by Sandbridge Capital, with participation from Marcy Venture Partners. Through this investment, the hair color company says it will leverage Sandbridge Capital and Marcy Venture Partners’ global expertise as it continues to scale its omnichannel business. This funding will accelerate Madison Reed’s Hair Color Bar growth, as the company plans to operate 80 locations by the end of the year. The company also plans to hire 850 new colori...

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