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Mayvenn Announces $40 Million Series C to Grow its Marketplace Platform and
Expand an Unprecedented Omni-Channel Walmart Partnership

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A New Funding Round led by Cleveland Ave, with participation from a16z, Goldman Sachs Asset Management

Mayvenn, a beauty-tech company with a network of over 50,000 hair stylists nationwide, announced a $40m Series C round led by Cleveland Ave, with participation from the Growth Equity business within Goldman Sachs Asset Management and a16z. Mayvenn’s mission is to use technology to empower the professional stylist community. The Mayvenn platform enables stylists to earn money selling beauty products and over the past two years has expanded into a marketplace, offering salon services through its curated network of beauty pros. The services marketplace, combined with the e-commerce platform, lay the foundation for an end-to-end beauty ecosystem encompassing services and products. This unique offering financially empowers the professional beauty community and is simplifying the beauty experience for customers.