Squire, a New York City-based provider of management and point-of-sale (POS) systems for barbershops, raised $35 million in debt financing from Silicon Valley Bank.
Founded in 2015 by Songe LaRon and Dave Salvant, Squire offers an all-in-one business management platform tailored specifically for barbershops. The platform combines tools for appointment scheduling, customer relationship management (CRM), analytics, and POS functionality. By streamlining these operations, Squire helps barbershop owners attract and retain clients, manage day-to-day tasks, and grow their revenue more efficiently.
Currently, Squire is used by over 3,000 barbershops worldwide, managing payments exceeding $1 billion annually across thousands of cities.
According to the official press announcement, the latest funding will allow Squire to continue its mission of simplifying and improving barbershop operations globally.