Health & WellnessTech
CLICS
Digital hair color mixing system helping salons reduce cost and waste
La Jolla,
CA
Investment type:
Equity
(Priced Round)
Target raise:
$100,004
- $1,069,997
Minimum investment:
$250
$250
End date:
Feb 12, 2021
Feb 12, 2021
ended
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Highlights
- First mover advantage, key patents, and a multi-year lead in a highly fragmented $10 billion market
- CEO has designed 5 Internet platforms including the first VPN service with a $630 million exit
- A highly scalable business with rapid revenue growth – Q2 to Q3 revenue growth was 2,574%
Our Story
CLICS solves 6 key salon problems: 1) eliminating color waste that can equal 30% of pre-tax profits, 2) automating color formulation via CLICS' mobile app to improve service quality and repeatability, 3) automates hair color reordering and inventory management, 4) takes salons cash flow positive for their hair color by charging on a per dispense basis, 5) automating purchasing and payments via CLICS' platform, and 6) records and reports service details for quality control management.
Our Ambition
We hope to be generating $100 million in annual revenue from hair color sales and from automated supply chain platform services that improve sustainability for beauty companies (not guaranteed).