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Romanian beauty startup Stailer secures a €500K investment, reaching valuation of €10M

Andrei Ursachi, CEO of Stailer © Stailer

The Romanian startup Stailer just raised its third investment for this year. With the latest financial boost of €500.000, the company now reaches a valuation of €10 million, doubling its market value in just half a year. The new funding round is led by Cosmin Țîrvuloiu, an entrepreneur and investor in tech projects.

“Accessing the investment will enable the continued expansion of the Stailer network in an accelerated manner and prepare performance metrics for raising the next round of seed investment. Our goal is to digitize the beauty industry in Central and Eastern Europe in a short time through a blitz scale strategy,” said Andrei Ursachi, CEO and co-founder of Stailer.

Romanian startup Stailer valued at €5M after a recent financing round

Stailer is an online booking platform for beauty salons that brings together the best stylists, hairdressers, barbers, and beauty specialists. The service saves time and simplifies the search and appointment process for users. Currently, there are over 200.000 registered users on the app. Free of charge and very quickly, they have access to a database of more than 900 salons in 22 cities in Romania, where they can book appointments for various beauty services. Sailer’s goal is to reach a network of 1,000 salons and 5,000 stylists by the end of 2021.

From January 2022, Stailer will start registering beauty salons in Budapest, with the consumer app launching in Hungary in the second quarter of 2022.

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