Phorestrevenue, valuation & funding

Phorest revenue

Phorest's annual revenue was $50M in June 2024, the most recent figure on record.

– source not recorded

Phorest valuation

Phorest is privately held, so there is no Phorest stock to buy. Investors valued it at $175M in its June 2021 Series C.

Valuation history$175M Series C 2021 · $60M Series B 2018 · $6M Seed 2013

Phorest funding rounds & investors

Phorest has raised $59.3M across six rounds since 2011. The latest was a $17M Series C in June 2021.

Interviews with Ronan Perceval

Nathan Latka has interviewed Phorest once, speaking with Ronan Perceval. Each figure links to the second it was said.

Watch: How Phorest Reached 5,000 Salon Customers with 6% Annual Churn and 53% SaaS Growth (Interview with CEO Ronan Perceval)

November 2018 · Ronan Perceval, Founder and CEO

How Phorest Reached 5,000 Salon Customers with 6% Annual Churn and 53% SaaS Growth (Interview with CEO Ronan Perceval)

• Annual profitpositiveWatch at 13:56
• Customers5,000Watch at 3:02
• Revenue per user$100/month per salon (his range runs up to $200/month, software only)Watch at 1:55
• Gross churn6% per year (logo churn)Watch at 2:25
• CAC$3500Watch at 14:39
• CAC payback (months)15Watch at 14:51
• +3 more

Read the interviewWatch

Growth tactics they described: Live EventsWatch at 4:21 · Blog ContentWatch at 5:57 · PodcastWatch at 4:32 · Organic SEOWatch at 4:21

Phorest competitors

Phorest competes most directly with Fresha, GlossGenius and Vagaro. It is the smallest of the four by revenue.

Company	Revenue	Funding	Employees	Customers	Founded
Fresha	$140M	$212.5M	500	190K	2015
GlossGenius	$100M	$17.6M	240	–	2016
Vagaro	$65.9M	$163M	670	–	2009
Phorest	$50M	$59.3M	321	5K	2003

#8 of 50 Spa and Salon Management Software companies by revenue · category median $2.9M · See the ranking

Phorest CEO, founders & employees

Ronan Perceval founded Phorest in 2003 with G.W. Brady and runs it as CEO. Phorest has 321 employees (October 2024, LinkedIn).

• RP
  Ronan PercevalCo-founder & CEO
  1 interview
• GB
  G.W. BradyCo-Founder & CEO
• JD
  John DoranCTO
• KK
  Kate KiddVP of People
• SN
  Sinéad NormanHead of Customer Success North America
• ST
  Sorcha TuthillHead of People Partnering

InvestorsRaúl García Pérez, Aaron Flack, Jonathan Klahr, Christine McGuinness

Also at PhorestLisa Mulligan, Tomasz Niezurawski, James Runswick, Uzair Ahmed, Becky Byrne, Karol Kuc, Mairead Hogan, Mario Klišanić, Eilish Boyle Murphy, Vikki Bennett, Brian Finnegan, Cahir Hennessy, Michael Worthen, Paweł Nawrocki, Orla McKenna, Lauren Hughes, Lisa O'Brien, Evelyn Wolf, Brian Paul Long, Barbara Ann Kelly, Frederic Penz, Matt Twining, Ronaldo Tomizawa, Roisin O'Connor, Kohil Namdeo, Katie Eckenrode, Brendan Quinn, Laura Traynor, Robert Brittinger, Luke Doolin, Sarah Brett, Linds Whelan McElroy, Fotios Polytakis, Benjamin Huver, Justin Haines, Mike Franquet, Brian Davis, Dominika Murlak, Aline Khachab, Clodagh Donnelly, Ashley Jakubik, Barry Quinn, Gavin Spencer, Peter Pecora, Harish Sundaresan, Justin Fiddy, Damyan Damyanov, Brittany Murray, Sheri Francis, Rebeca Stanley, Mischel Cyriac, Verna Wall, Elaine Burke, Katharina Dornhof, Ciaran Stewart, Claire Herbert, Nicola Zaghini, Conor Tynan, Brian Madigan, Órla Phelan, Chelsea Rose, Cillian Moloney, Health Fitness Gym Business Coach, Paweł Malon, Emma O'Brien, Casey O'Halloran, Nathan Hipgrave, Vasylyna Mosiievych, Celia Rose, James Bennett, David Walsh, Grace Egan Duffy, Lisa Milne, Jenna R., Mofie Biger, Andreea Irofte, Aimee LaRose, Sarah Walshe, Andrea Gonzalez Castillo, Alex Quinn, Danielle Mallen, Paul Dailly, Marc Fakesch, R. Julian Cowley, Jonathan Miller, Garret Alfert, Mikey Cannon, Gavin Brady, Ronan Mooney, Kenigbolo Meya Stephen

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