← State of Embedded Finance 2026

Boulevard

Can a scheduling and payments SaaS for beauty and wellness become the full financial operating system for the underserved self-care industry?

Founded2016
HQLos Angeles, California, USA
FoundersMatt Danna
Total raised$188M
Latest roundSeries D, 2024
Valuation$800M post-money (2024)
IndustryVertical SaaS / Beauty & Wellness
The story

Founded in 2016 as an online booking platform for salons and spas, Boulevard evolved into a full-stack business management SaaS for appointment-based self-care businesses. The company moved into embedded payments in 2021 by becoming a certified PayFac, internalizing payment processing under the Boulevard Payments™ brand. In 2024 it launched Boulevard Capital via Pipe to address the historically underserved access to growth capital for women- and minority-owned beauty businesses, deepening its embedded finance layer beyond payments into lending.

Last 12 months
2024-03
2024-03
Product timeline
2016
Founded as an online booking and scheduling platform for salons and spas.· pivot
2021
Launched Boulevard Payments™ as a self-managed certified Payment Facilitator — the first PayFac built specifically for the beauty and wellness industry.· banking
2023
Introduced Boulevard Offset, a credit card surcharge program enabling businesses to share processing costs with clients.· banking
2024
Launched Boulevard Capital, an embedded working-capital lending product powered by Pipe, offering revenue-based funding with no credit checks for salon, spa, medspa, and barbershop owners.· lending
2024
Raised $80M Series D led by JMI Equity at ~$800M valuation; total raised reached ~$188M.· ipo
The stack
Payments / PSP
Boulevard Payments (self-operated)
Lending
PipeBoulevard Capital
Accounting gap: significant