FRESHA SECURES $31 MILLION IN FINANCING FROM J.P. MORGAN TO INVEST IN MACHINE LEARNING AND AI POWERED ROBOTICS

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FRESHA SECURES $31 MILLION IN FINANCING FROM J.P. MORGAN TO INVEST IN MACHINE LEARNING AND AI POWERED ROBOTICS

Fresha, a leading marketplace platform for beauty and wellness, has successfully secured a $31 million venture debt facility from J.P. Morgan. This funding is aimed at accelerating Fresha's expansion into new markets while enhancing its machine learning capabilities and AI-powered robotics. The investment will further develop Fresha's innovative all-in-one platform, which supports beauty businesses in operating efficiently and independently.

Fresha's platform empowers over 110,000 merchants globally, providing them with essential tools such as appointment bookings, customer management, and marketing automation. The integration of advanced technology, including AI, is expected to revolutionize the beauty and wellness industry by enabling service providers to offer personalized experiences. With a strong growth trajectory, Fresha anticipates continued revenue increases, showcasing its significant impact on the global market.

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