What is Mangomint?
Mangomint, based in Los Angeles, is a Software-as-a-Service (SaaS) company focused on revolutionizing the booking process within the beauty and wellness sector. Their platform aims to eliminate the friction and security concerns associated with sharing sensitive personal and payment information over the phone, offering a more efficient and secure digital solution for businesses such as spas, massage parlors, and tattoo studios. The company's mission is to enhance the customer experience from appointment scheduling to service delivery.
How much funding has Mangomint raised?
Mangomint has raised a total of $48M across 2 funding rounds:
Series A
$13M
Series B
$35M
Series A (2022): $13M with participation from Startup300 and OpenView Venture Partners
Series B (2024): $35M led by SaaStr Fund, OpenView Partners, Altos Ventures, and Avidbank
Key Investors in Mangomint
SaaStr Fund
SaaStr Fund is a venture fund specializing in early-stage SaaS, enterprise, and B2B startups, typically investing between $500k and $4m once a company has established a customer base.
OpenView Partners
OpenView Venture Partners, established in 2006, focuses on investing in B2B software companies, supporting their growth and market expansion.
Altos Ventures
Altos Ventures is a Silicon Valley-based venture capital firm that invests in early to growth-stage technology companies across consumer and enterprise sectors, often serving as the initial institutional investor.
What's next for Mangomint?
With its recent major enterprise-level funding, Mangomint is poised for significant expansion and product development. This strategic investment will likely fuel enhancements to its SaaS platform, enabling broader market penetration and the integration of advanced features. The company's focus on a niche but substantial market suggests a trajectory towards becoming a dominant player in beauty industry booking technology, potentially exploring new service verticals or geographical markets. The sustained investor confidence points towards a future of scaling operations and solidifying its market position.
See full Mangomint company page
