Madison Reed Stock
Beauty Company
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About Madison Reed Stock
Madison Reed is a beauty company revolutionizing the way women color their hair. The fast-growing startup uses technology, a proprietary ammonia-free formula, and a team of licensed colorists to deliver salon-quality hair color to homes nationwide for under $25. Headquartered in San Francisco, Madison Reed is a privately held company backed by top-tier venture capital firms including Norwest Venture Partners, True Ventures and Maveron. Founded in 2013, Madison Reed started with a simple mission: To create a luxurious prestige hair color made with ingredients you can feel good about. Madison Reed’s conditioning formula is crafted without ammonia, parabens, resorcinol, PPD, phthalates, and gluten. The entire color and hair care line is enriched with argan oil, keratin, and ginseng root extract to protect and pamper hair. Its products can be found online, on mobile, and through select retailers including Sephora, QVC, and Ulta Beauty.
Investors
10x Group
Alumni Ventures Group
Lacework, Getaround, GrubMarket, Better.com, Groq, Pico, Divergent 3D, SonderMind, Plastiq, Accolade
Calibrate Ventures
Comcast Ventures
Instacart, Zenefits, Dollar Shave Club, FanDuel, DocuSign, BitSight, Nextdoor, Blockdaemon, DataStax, Hippo Insurance
Gaingels
Forte, Collective Health, Bowery Farming, Palmetto Clean Technology, Cerebral, Cart.com, Guideline, Fetch Rewards, Blockstream, Jeeves
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Circle, Ramp, Automation Anywhere
Green D Ventures
Accolade, Madison Reed, Upstart, Deserve, Conversica, Particle, EverQuote
Maveron
Course Hero, Earnest, Flywire, Imperfect Foods, Allbirds, Madison Reed, Zulily, Tile, Lovevery, Common Living
Meaningful Partners
Motley Fool Ventures
Nautilus Ventures
Norwest Venture Partners
Swiggy, Quikr, Opendoor, Faire, FireEye, Exabeam, Gong.io, Grove Collaborative, HoneyBook, Omada Health
Peterson Ventures
Portfolia
Sand Hill Angels
Commonwealth Fusion, Relativity Space, Collective Health, Carbon Health, JUUL, ICON, Guideline, Petal, Madison Reed, Axiom Space
Shea Ventures
True Partners Consulting
True Ventures
Opendoor, Zymergen, Fitbit, Automattic, Handshake, InterVenn, Personal Capital, Madison Reed, Namely, 3D Robotics
Western Technology Investment
Thrasio, Cabify, Andela, HomeLight, BigID, Madison Reed, Swiftly, Wunderkind, Kareo, Medsphere Systems
Funding History
| April 2013 | $4.2M |
|---|---|
| December 2013 | $12.4M |
| September 2015 | $57.0M |
| December 2018 | $60.7M |
| March 2020 | $14.0M |
| December 2020 | $52.5M |
| September 2021 | $30.0M |
Management
Chief Executive Officer
Amy Errett
Chief Technology Officer
Carrie Johnson Kalinowski
Chief Technology Officer
Matt Darling
Press
news - Nov, 3 2023
VCs No Longer Do DTCretaildive - Aug, 29 2023
Madison Reed enters Walmartnews - Jul, 21 2023
Madison Reed Loses Bid to Arbitrate Lawsuit Over Junk Callsretaildive - Jul, 18 2023
Madison Reed hires chief revenue officerbizjournals - Jul, 11 2023
Madison Reed names Angela Jaskolski as chief revenue officerbizjournals - Apr, 12 2023
Madison Reed tweaks membership program after a year of rapid growthbizjournals - Feb, 10 2023
'Color bar' company Madison Reed gets $50 million to fund growthforbes - Nov, 5 2022
Madison Reed Opens Its 75th Locationd - Jun, 28 2022
Madison Reed names chief marketing, digital officersforbes - Jun, 27 2022
Madison Reed Adds New Board Members As Business Growsprnewswire - Jun, 25 2022
Madison Reed Appoints New Board Members, While Building its C-Suite to Continue Driving Omnichannel Retail Expansionforbes - Apr, 29 2022
Madison Reed Secures $33 Million To Fund Its Omnichannel Expansionon - Apr, 29 2022
Jay-Z’s Firm Backs $33 Million Investment in Madison Reedvcnewsdaily - Apr, 29 2022
Madison Reed Pulls In $33Md - Mar, 12 2022
Madison Reed hires former Dollar Shave Club exec as CFOprnewswire - Dec, 17 2021
Madison Reed Opens Its 50th Hair Color Bartru - Feb, 24 2021
Hair Color Innovator Madison Reed Raises Over $50 Million to Continue Omnichannel Expansionthemiddlemarket - Feb, 24 2021
Amy Errett, Lorine Pendleton Discuss Madison Reed’s New $50M Fundingbit - Feb, 24 2021
The Founder’s Journey with Amy Errett, CEO of Madison Reedyahoo - Feb, 24 2021
Madison Reed Doubles Sales, Raises $52 Millionfinance - Jun, 30 2020
Madison Reed CEO on growing hair care business amid COVID-19prweb - Jun, 16 2020
Iterable Announces the Winners of its 2020 Growth Marketing Awardsarkansasonline - Apr, 26 2020
As natural color creeps in, hair can be touched up at homechron - Feb, 14 2020
New-to-Houston retailers coming to Rice VillageFast Company - Sep, 24 2019
These are the biggest employers you’ve probably never heard ofForbes - Sep, 19 2019
Madison Reed, A Hair-Color Startup, Plots 600 New Stores In Four Yearsretaildive - Mar, 12 2019
Conversational Commerce: Here's what retailers are talking shop about in 2019trueventures - Mar, 9 2019
Ensuring a Gender-Diverse Talent Pipelineprnewswire - Jan, 29 2019
Madison Reed Secures $51 Million in Series D FinancingForbes - Jan, 29 2019
EDITOR'S PICK7,769 viewsJan 29, 2019, 09:40am Hair Dye Disruptor Madison Reed Locks In $50 Million In VC: How Founder Amy Errett Gets To The Root Of Startup Successnews - Jul, 20 2018
VCs Combing For New Sectors Look To Hair Care Startupsprnewswire - Jun, 12 2018
Madison Reed Introduces Light Works™ Balayage Highlighting Kitprnewswire - Jun, 5 2018
Amy Errett Selected as a 2018 Finalist for EY Entrepreneur Of The Year® Award in Northern Californiadigitalcommerce360 - May, 24 2018
AI: Beyond the hypeprnewswire - May, 21 2018
Amy Errett Honored by San Francisco Business Times with "Most Influential Women in Bay Area Business 2018" Awarddigitalcommerce360 - Apr, 25 2018
How and why Madison Reed’s hair color quiz workstrueventures - Apr, 17 2018
What’s Working: Madison Reed’s Unconventional Approach to Beautyprnewswire - Feb, 27 2018
Madison Reed Commits to Using "Raw" Photographytrueventures - Feb, 20 2018
Amy Errett Joins True Ventures’ Investment Teamnbcnewyork - Feb, 9 2017
Beauty Buzz: NYC's First Root Touch-Up Barforbes - Feb, 9 2017
With Dye Jobs For Just $45, Hair Color Startup Madison Reed Takes On $15 Billion Marketprnewswire - Feb, 9 2017
Momentum Continues at Madison Reed: Heidi Dorosin Hired as Chief Marketing Officerireachcontent - Feb, 9 2017
Madison Reed - a Technology Startup with Color at its Core - Further Disrupts the Hair Care Industry by Introducing "Madi," a Facebook Messenger Chatbot with Computer Visionprnewswire - Feb, 9 2017
Madison Reed Continues Growth With Scheduled Debut On QVCwwd - Jan, 10 2017
Beauty Services War: Beauty ‘Bars’ Versus On-Demandinternetretailer - Nov, 23 2016
Madison Reed launches an artificial intelligence chat botEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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