Los Angeles-based Boulevard, a leading business management software platform tailored for self-care businesses, has successfully raised $80 million in a Series D funding round. The investment, led by JMI Equity, marks a significant milestone for the company, nearly doubling its valuation to an impressive $800 million.
The announcement, made on Thursday, highlights Boulevard's growing influence in the SaaS and AI-driven scheduling sector. The platform empowers salons, spas, and other self-care businesses with tools to streamline operations, manage appointments, and enhance customer experiences through innovative technology.
With this fresh capital, Boulevard aims to accelerate product development and expand its market reach. The company plans to invest in enhancing its AI capabilities to offer even more personalized and efficient solutions for its clients, solidifying its position as a market leader.
JMI Equity, a growth equity firm focused on software investments, expressed confidence in Boulevard’s vision and potential. This funding round underscores the increasing demand for specialized software solutions in niche industries like self-care, where digital transformation is rapidly gaining traction.
The success of Boulevard also reflects broader trends in the SaaS industry, where startups leveraging AI and automation are attracting significant venture capital. As businesses continue to prioritize efficiency and customer engagement, platforms like Boulevard are well-positioned for sustained growth.
As Boulevard embarks on this new chapter, industry watchers anticipate further innovations and strategic partnerships that could reshape the self-care business landscape. This funding round is a testament to the company's promising trajectory and the trust investors have in its future.
Alfred Lee
