Squire

Business management software for barbershops

New York City, New York, United States

About Squire

Squire offers a business management software solution specifically designed for barbershops. The platform includes features such as appointment booking, payment processing, and management of membership and loyalty programs, which help streamline daily operations. Barbershops can also manage booth rental payments and access insightful reports to identify their most profitable services and products. A standout feature of Squire is its integration with social media platforms like Instagram, allowing customers to book appointments directly from a barber's profile, simplifying the process and potentially increasing sales. Squire operates on a subscription-based model, charging barbershops a regular fee for access to its services. The goal of Squire is to enhance the efficiency and profitability of barbershops while improving customer relationships.

New York City, New YorkHeadquarters
2015Year Founded
$142.8MTotal Funding
DEBTCompany Stage
Consumer Software, Enterprise SoftwareIndustries
201-500Employees

Risks

Increased competition from platforms like BeatGig threatens Squire's market share.
$35M debt financing may increase financial pressure if growth targets aren't met.
Rapid valuation increase to $750M could lead to high investor expectations.

Differentiation

Squire integrates social media for seamless booking directly from platforms like Instagram.
The platform offers comprehensive management tools tailored specifically for barbershop operations.
Squire's Tap to Pay on iPhone feature simplifies contactless payments without extra hardware.

Upsides

Squire's $35M financing will drive innovation and platform expansion.
Hiring a Chief Revenue Officer will guide Squire through global growth.
Partnership with Base10 Partners supports scholarships, enhancing brand reputation.