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Phorestrevenue, valuation & funding

Spa and Salon Management SoftwareDublin, IrelandFounded 2003CEO Ronan Perceval

Phorest is a Dublin-based booking and point-of-sale SaaS platform built exclusively for hair and beauty salons.

phorest.comLinkedInUpdated Oct 5, 2026
Annual revenue
$50M
Jun 2024
Latka Top
#145
of 1,368 interviewed companies
Valuation
$175M
Jun 2021
Total raised
$59.3M
6 rounds
Employees
321
Oct 2024

Phorest revenue

Phorest's annual revenue was $50M in June 2024 (source not recorded), the most recent figure on record. Phorest is #145 on the Latka Top, level with nine others. The Latka Top ranks the 1,368 companies Nathan Latka has interviewed by revenue.

$0
$20M
$40M
$15M
$20M
$18M
$23M
–
$50M
20182019202020212022–232024
ReportedOne figure per year; a reported figure wins over an estimate
All 5 revenue readings, with sources
As ofRevenueSource
Nov 2018$15M–
Dec 2019$20M–
Dec 2020$18M–
Jun 2021$23M–
Jun 2024$50M–

– 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.

DateRoundRaisedValuationSource
Jun 2021Series C$17M$175M–
Jun 2018Series B$5M$60M–
Jun 2018Series B$15M––
2018Funding round$20M–Ronan Perceval on cameraWatch at 8:38
Jun 2013Seed$800K$6M–
Aug 2011Series A$1.5M––
Total raised$59.3M

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)

Read the interviewWatch

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

Phorest competitors

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

CompanyRevenueFundingEmployeesCustomersFounded
Fresha$140M$212.5M500190K2015
GlossGenius$100M$17.6M240–2016
Vagaro$65.9M$163M670–2009
Phorest$50M$59.3M3215K2003

#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 had 321 employees (October 2024, LinkedIn).

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

0
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170
185
188
249
300
321
321
2018201920202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 10 headcount readings, with sources
As ofEmployeesSource
Oct 2024321LinkedIn
Sep 2023321–
2023312–
2022300–
Aug 2021249–
Dec 2020188–
Jun 2020188–
Dec 2019185–
Nov 2018170Ronan Perceval on cameraWatch at 7:06
201115Ronan Perceval on cameraWatch at 8:15

Phorest FAQ

What is Phorest's revenue?

Phorest's annual revenue was $50M in June 2024 (source not recorded). No later figure is on record.

What is Phorest's valuation?

Investors valued Phorest at $175M in its June 2021 Series C.

How much funding has Phorest raised?

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

Is Phorest publicly traded?

No. Phorest is a private company, so its shares aren't traded on a stock exchange.

How many employees does Phorest have?

Phorest had 321 employees in October 2024, according to LinkedIn.

Who is the CEO of Phorest?

Ronan Perceval is the CEO of Phorest and co-founded the company in 2003. Nathan Latka interviewed Ronan Perceval in November 2018.

Who founded Phorest?

G.W. Brady and Ronan Perceval founded Phorest in 2003.

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How this page is sourced

12 said on camera · 1 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 5, 2026Data disclaimerReport a correctionClaim this profile