72m series tiger global 137m wiggersventurebeat is one of the most well-known and respected venture capital firms in the world. They have a long history of investing in some of the most successful startups, including Facebook, LinkedIn, and Spotify. In recent years, they have been making more investments in early-stage companies. One of their most recent investments is in a company called Wiggers.
Wiggers is a startup that is using technology to revolutionize the way people get their hair cut. Their app allows users to book appointments with hairstylists and barbers, and also provides a platform for stylists to showcase their work. The company was founded by two brothers, Jens and Lars Wiggers, who were inspired by their own experiences trying to find a good haircut in a new city.
The Tiger Global investment will be used to help Wiggers scale their business and expand into new markets. This is an exciting time for the company, and they are poised to make a big impact in the beauty industry.
The history of Tiger Global and its investment in Wiggers
Tiger Global is an American investment firm that was founded in 2001 by Chase Coleman. The firm is based in New York City. Tiger Global has made investments in over 60 companies, including Wiggers.
Tiger Global first invested in Wiggers in 2015. The company has since then invested two more times, in 2016 and 2018. Tiger Global has been a big supporter of Wiggers, helping the company grow and scale.
Wiggers is a social media platform that allows users to create and share short videos. The company was founded in 2014 by CEO, Michael Wigger. Wiggers has raised a total of $137M from investors, with Tiger Global being one of the largest contributors.
How Wiggers is using the Tiger Global investment
Wiggers is using the Tiger Global investment to fuel its growth and expansion. The company plans to use the funds to hire more staff, open new offices, and expand its product offerings. Wiggers is also looking to use the investment to build out its sales and marketing efforts. The goal is to increase awareness of the company and its products, and drive more sales.
What the future looks like for Wiggers
The future looks extremely bright for Wiggers. With the help of Tiger Global, they have been able to scale their business rapidly and reach a much wider audience. They are now one of the leading online wig retailers and are constantly expanding their product range. They have also been able to open up new markets and are now selling their products in over 20 countries.
Why Tiger Global invested in Wiggers
There are a few key reasons why Tiger Global decided to invest in Wiggers. First, Tiger Global saw the potential for Wiggers to become a leading player in the online retail space. With its strong focus on customer service and its unique product offerings, Wiggers was well-positioned to take advantage of the growing e-commerce market.
In addition, Tiger Global was impressed with the Wiggers team and their ability to execute on their vision. The team had a clear understanding of the online retail landscape and had developed a solid plan for how to grow the business. Tiger Global felt confident that the Wiggers team would be able to successfully execute on their vision and grow the business into a successful company.
Finally, Tiger Global was attracted to the Wiggers business model. The company was focused on profitability from day one and had a clear path to profitability. This was an important factor for Tiger Global, as they were looking for companies that were focused on building a sustainable business.
Overall, Tiger Global saw great potential in Wiggers and felt confident that it was a company worth investing in.
What other startups Tiger Global has invested in
Some of the other startups that Tiger Global has invested in include:
-ZocDoc: ZocDoc is a website and app that allows patients to find and book appointments with doctors online. Tiger Global led a $75 million investment in the company in 2013.
-Flipkart: Flipkart is an Indian e-commerce company that sells a variety of products, including books, clothes, and electronics. Tiger Global invested $1 billion in the company in 2014.
-Ola: Ola is an Indian ride-hailing company similar to Uber. Tiger Global invested $210 million in the company in 2015.
Conclusion
As Wiggers looks to the future, it is clear that the Tiger Global investment will be instrumental in helping the company achieve its goals. With a strong track record of investments in successful startups, Tiger Global is well-positioned to help Wiggers grow and scale. The partnership between Tiger Global and Wiggers is one that is built on trust and mutual respect, and it is one that has the potential to be extremely fruitful for both parties involved.
