← Embedded Finance Index 2026

Moxie

Can a medspa-focused vertical SaaS become the full financial and operational OS for the aesthetic healthcare industry by embedding payroll, banking, lending, and payments directly into its workflow platform?

Founded2022
HQBrooklyn, New York, NY
FoundersDan Friedman
Total raised$25M+ (Series C noted as latest deal, plus prior rounds)
Latest roundSeries C
IndustryVertical SaaS / Healthcare
The story

Founded in 2022 by Dan Friedman (who previously founded edtech company Thinkful), Moxie launched as a 'business-in-a-box' for nurses and clinicians opening medspas — combining compliance coaching, supply sourcing, and EHR/POS software into a single platform. Over 2023-2024, Moxie aggressively expanded its embedded finance stack, adding payroll (via Check), banking (via Stripe Treasury), and financing (Moxie Capital) to become the financial and operational OS for the aesthetic practice industry. The company's strategic arc mirrors vertical SaaS playbooks: own the workflow, then monetize via embedded financial services.

Last 12 months
2024-09
2024-07
2025-01
2025-07
Product timeline
2022
Moxie (Struxture Technologies) launched as a 'business-in-a-box' platform for nurses and clinicians launching medspas, offering coaching, discounted supplies, and EHR/POS software.· pivot
2023
Raised $15.7M Series A led by SignalFire; expanded to additional US states and grew to 100+ medspa locations on platform.· banking
2024
Raised $10M preemptive Series B led by Lachy Groom; business grew 4x year-over-year.· banking
2024
Partnered with Check to embed payroll natively inside the Moxie platform for medspa operators.· banking
2025
Launched Moxie Capital, a financing plus business coaching product for aesthetic practices.· lending
2025
Deployed Stripe Treasury for embedded banking/financial accounts for medspa customers.· banking
The stack
7 layers disclosed in Moxie’s embedded-finance stack
Payments / PSP
StripePayPal
Banking / BaaS
in the full report
Ledger
in the full report
Lending
in the full report
Payroll
in the full report
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: minor
9 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.