Drybar."> clock menu more-arrow no yes

Filed under:

Drybar Nabs $16 Mil in Funding, Plans Expansion

Drybar Studio City. Photo via <a href="http://thedrybar.com/photos/">Drybar</a>.
Drybar Studio City. Photo via Drybar.

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Drybar just got a huge infusion of cash and they're planning on expanding like crazy. Private equity firm Castanea Partners has coughed up $16 million to fund the two-year-old company, and one of its operating partners has joined the Drybar board of directors and personally invested in the company. Started in Brentwood by stylist Alli Webb, Drybar now has 13 locations with a 14th opening next week at Le Parker Meridian in NYC. And later this spring, Manhattan Beach and Westlake Village will get their very own Drybars. Webb is also developing her own product line for the brand, to launch at an undetermined date.
· Drybar Gets Investment [WWD, sub req]

DryBar

11677 San Vicente Boulevard, Los Angeles, CA 90049 310-442-6084 Visit Website