Tippy
A digital tipping system for the beauty industry.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
$3.4m | Series B | ||
| Total Funding | 000k | ||
Tippy is a digital tipping platform for the salon and spa industry. The company was founded in 2016 by David Tashjian and Terry McKim.
David Tashjian, CEO and co-founder, has a background in the salon industry, having previously owned a salon. Terry McKim, CIO and co-founder, has a background in technology and software development. The founders' combined experience in the salon industry and technology led them to create Tippy, a solution to the problem of cashless tipping in the salon and spa industry.
Tippy's business model is based on a transaction fee charged to the salon for each tip processed through the platform. The company's clients are salon and spa owners who want to provide a convenient and cashless tipping solution for their clients. The platform allows customers to tip their stylists directly from their credit or debit cards, and the tips are deposited into the stylists' bank accounts the next day.
Tippy's platform also provides reporting and analytics tools for salon owners, allowing them to track tipping patterns and measure the performance of their stylists. The platform is designed to be easy to use for both salon owners and their clients, and it can be integrated with existing salon management software.
Keywords: digital tipping, salon industry, spa industry, cashless payments, financial technology, tipping solution, transaction fees, reporting tools, analytics, salon management.