Los Angeles-based Mangomint raises $35 million to expand automation features and support its growing beauty and wellness custom.

Mangomint, a well-known Los Angeles-based provider of software for salons and spas, has raised $35 million in a Series B fundraising round. The lead investor in this fresh round of funding was Altos Ventures, with support from current investors OpenView Venture Partners and Jason Lemkin's SaaStr Fund. Mangomint additionally obtained $12 million in venture debt from Avidbank in addition to the equity capital.

With an eye toward developing new automation-driven features specifically designed for the beauty and wellness industries, the company intends to use the funding to improve its product offerings. To maintain regular high-quality client service, this involves expanding its technical team and strengthening its onboarding and support personnel.

With the help of Mangomint's platform, salons and spas may enhance customer relations, increase profitability, and streamline operations. Appointment scheduling, point of sale/payment processing, inventory control, customer and staff administration, email marketing, and payroll processing are some of the important tasks.

The new set of marketing automation solutions from Mangomint is designed to help its clients in the health and beauty industries expand and operate more effectively.