The Parlon team at the Echelon 2023 event in Singapore
Parlon, a B2B2C beauty & wellness and fintech platform in the Philippines, has raised over US$400,000 in a pre-seed funding round from WIP Global Ventures, A2D Ventures, and a group of angel investors.
The company, which recently expanded into Singapore, will use the capital to onboard new salon and wellness partners in the Philippines, investing in user growth campaigns, and developing a stronger technology platform with new and exciting features.
Also Read: How hyper-personal, AI tech can transform the US$1.5T wellness industry
Established by Kristine Claire Ongcangco and Miko Cornejo (co-founders of Concept Machine), Parlon provides a software solution to empower merchant clients to streamline operations, implement a CRM system, automate Viber and SMS reminders, and manage and accept bookings and payments (online and offline).
It has a vast network of salon and wellness centres, has onboarded over 500 salon and wellness brands, and has over a thousand branches in the Philippines.
A ‘She Loves Tech’ alum, Parlon has secured an Operator of Payment System license from the Bangko Sentral ng Pilipinas. It has forged strategic partnerships with GCash, Grab, Google, Globe, Sodexo, Shopback, and Sharetreats.
Also Read: Thai startup GoWabi aims to be the go-to platform for all health and wellness services in SEA
“The beauty and wellness industry has witnessed considerable transformation in recent times. The influx of novel products and services for consumers and the surge in user-generated content has instigated a change in demand dynamics and buying influences. Parlon is perfectly positioned amidst this change, aspiring to intertwine a traditionally oriented industry with technology via its platform, community, and alliances,” remarked Kei San Pablo-Mercado of WIP Global Ventures.
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Image Credit: Parlon.
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