Moxie Raises $15.7M to Make Opening Medspas Easier

Treatments like botox are becoming more ubiquitous, spurring growth in the number of medspas, or centers that offer botox, IV hydration and laser treatments from certified providers like registered nurses. Opening a medspa, however, can be a lengthy and expensive process.

Moxie wants to make it easier with its “business-in-a-box” model, offering providers coaching, access to discounted supplies and a EHR/POS software suite. So far, Moxie has helped launch more than 100 medspa locations, TechCrunch reports.

The startup announced today it has raised $15.7 million led by SignalFire and Boulton & Watt. It currently operates in seven states and part of the funding will be used to expand across the United States.

Before launching Moxie last year, co-founder Dan Friedman started an online education business called Thinkful that helped adults learn new tech skills and change their careers for ones in software engineering, data analytics and marketing. It was acquired by Chegg in 2019. Read more.

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