Monday, October 23, 2017

Online start-up has brick-and-mortar plans

Madison Reed is out to disrupt an $18 billion business.

The company, which makes and markets its own hair color products, has been called the Warby Parker of hair color. It has just closed on $25 million in new funding in a round led by earlier investor Comcast Ventures, with participation from previous investors. The new capital, which brings Madison Reed’s funding to $70 million, will be used to expand the digitally native company’s current business as well as its just-launched physical footprint, Madison Reed Color Bar.. . . more

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