Myavana Secures $5.9M in Seed Funding for AI-Driven Personalized Hair Care
Myavana revolutionizes the beauty industry by offering data-driven insights and personalized hair care solutions, improving the shopping experience for consumers and boosting sales for retailers and salons.
Company Name: Myavana
Location: Atlanta, GA
Sector: AI, Beauty Tech
Funding Details: Raised $5.9 million in Seed funding. Key investors include Prisma Ventures, H/L Ventures, New Age Capital, BrainTrust, Duo Partners, REFASHIOND Ventures, Resilient Ventures, Amazon, Reform Ventures, and NGC Capital.
Purpose of Investment: To expand operations and strengthen market position.
Leadership: Led by CEO and Founder Candace Mitchell, Myavana is at the forefront of integrating technology and beauty through its innovative HairAI™ technology.
Product and Innovation: Myavana's HairAI™ offers microscopic hair analysis paired with advanced algorithms to provide precise hair care recommendations. Its technology assists retailers, consumers, and salons by offering instant product suggestions tailored to individual hair needs.
Company Growth: Collaborating with giants like Ulta and Amazon, Myavana leverages its real-time data analytics platform to enhance retail experiences and sales. The company’s partnerships extend to over 1,000 retailers and salons through associations like the National Black-Owned Beauty Supply Association and Braintrust Founders Studio.
About the Company: Myavana revolutionizes the beauty industry by offering data-driven insights and personalized hair care solutions, improving the shopping experience for consumers and boosting sales for retailers and salons.
