← State of Embedded Finance 2026

Boulevard Capital

Can a self-care SaaS platform become the financial OS for the salon and spa industry by embedding working capital and payments into its software?

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

Founded in 2016 as an online booking and scheduling tool for salons and spas, Boulevard evolved into a comprehensive AI-driven SaaS platform covering scheduling, marketing automation, and payment processing for appointment-based self-care businesses. In March 2024, Boulevard deepened its embedded finance footprint by launching Boulevard Capital, a merchant cash advance program built on Pipe's infrastructure, targeting the underserved women- and minority-owned self-care sector. The capital product represents Boulevard's strategic expansion beyond software into financial services, monetizing its proprietary sales-history data to underwrite advances without credit checks.

Last 12 months
2024-03
2024-10
2024-01
Product timeline
2016
Founded as an online booking platform for salons and spas.· pivot
2022
Raised $70M Series C; platform expanded to AI-driven scheduling, marketing, and payment processing for self-care businesses.· banking
2024
Launched Boulevard Capital, a merchant capital advance (MCA) program for salons, spas, barbershops, and medspas powered by Pipe.· lending
2024
Raised $80M Series D at ~$800M valuation led by JMI Equity.· ipo
2024
Boulevard Capital surpassed $10M in funding delivered; named LendTech of the Year finalist at 2024 US FinTech Awards.· lending
The stack
Lending
PipeBoulevard Capital (merchant cash advance)
Accounting
QuickBooks Online
Accounting gap: minor