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Published January 15, 2019
Published January 15, 2019

Fort Lauderdale-based Tippy, a disruptive, digital tipping application for the salon and spa industries, announced it has closed $1.65 million in Series B funding, bringing its total funding to $3.15 million. Tippy launched in the salon industry in early December and is operating in 60 salons across the country. The focus of the business is increasing tips for service professionals and allowing tips to be deposited directly into their personal bank accounts by the next day.

Since the launch in December, stylists are seeing an increase in tips of 30%-50% from their customers. The Tippy mobile app is now available in the app stores, and the salon-based customer-facing terminal.

“We believe in developing the skills and abilities of salon professionals, which fundamentally aligns with Tippy’s mission and vision,” said Tippy Board Member Pat Parenty. “We couldn’t be more excited about the leadership position Tippy is taking within the industry, and look forward to an exciting 2019.”

The funding comes at a time when the company has completed both its partnership acquisitions and a successful beta. The proceeds raised will now support its nationwide rollout.


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