Former PayPal Start Tank company Manicube, which provides companies’ employees with in-office manicures, announced on Monday that it has closed a round worth $5 million, led by Boston’s Bain Capital Ventures. (We teased about the startup’s term sheets in the BostInno Beat in early March.) The company, which is currently in New York City and Boston, will use the fresh capital to expand its service into San Francisco, Los Angeles, Dallas and Chicago, the latter of which will kick off this May.
Bain Capital partners Scott Friend and Weston Gaddy made the investment on behalf of the firm, according to BetaBoston. Also participating in the round were angel investor and PayPal Boston’s David Chang and the Female Founders Fund. Manicube raised a round of seed funding in 2013.
Founded by a pair of Harvard Business school alumnae, Manicube works with HR managers at corporate offices to set up weekly visits to their companies. Individual employees then book their 15-minute appointments online at manicube.com. Manicure prices range from $12 to $20 depending on the service tier.
