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Hair color company raises $52 million in funding.
February 25, 2021
By: TOM BRANNA
Editor
The pandemic may have caused more than a few gray hairs for beauty company executives, but not the leaders at Madison Reed. After the hair color company reported sales surged 130% in 2020, it announced it raised $52 million in funding. Industry sources estimate Madison Reed's sales exceed $100 million. With the new round of funding Company Founder and CEO Amy Errett said Madison Reed will increase services related to hair color, open more Color Bars, hire more staff and launch new products....
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