HaloBraid raises $7M from Seven Seven Six to end the six-hour hair salon appointment

HaloBraid secured $7 million in seed funding led by Seven Seven Six on May 14, 2024, to develop technology that significantly reduces the time required for hair braiding services. The company's inaugural device, scheduled for release later in 2024, is designed to function as an automated braiding assistant for professional hairstylists. This innovation aims to address the lengthy appointment times, which can extend up to six hours, by streamlining the braiding process. HaloBraid's technology is intended to enhance salon efficiency and potentially lower costs for consumers by making complex braided hairstyles more accessible. The funding will support further research and development, manufacturing, and market rollout of their braiding assistant.