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Sydney startup FLAYR raises $500,000 to better deliver at-home beauty services

On-demand beauty startup FLAYR has raised $500,000 in seed funding, as it looks to better its service and drive Australia-wide growth.
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Angela Castles
FLAYR
Subhaga Amarasekara with co-founder Roshan Mahanama and their son. Source: Supplied.

On-demand beauty startup FLAYR has raised $500,000 in a seed funding round, led by Sydney Angels, Sydney Angels Sidecar Fund 2 and private investors, as it looks to drive Australia-wide growth.

FLAYR was co-founded by Subhaga Amarasekara and her husband Roshan Mahanama in 2016 as a way to connect time-poor Australian women with hair stylists and makeup artists offering at-home services.

โ€œThe philosophy behind FLAYR is to try to help makeup artists and stylists earn more money from doing what they love,โ€ Amarasekara says. ย 

FLAYR was originally started as a way to help Amarasekaraโ€™s makeup artist mother-in-law manage her clients and bookings. Once the platform started gaining traction, the co-founders doubled down on their efforts and focused on building out their offering commercially. FLAYR now has 800 stylists on the platform and has turned over $1 million from bookings since launching.

This cash injection will be used to drive growth in Australia and expand FLAYRโ€™s stylist base, which includes spending more time consulting with stylists to improve their experience on the platform.

The work-life balance myth

Raising your first round of funding is always a daunting experience. For Amarasekara, being seven-and-a-half months pregnant during the pitching process added even more pressure.

But instead of shying away from seeking investment during this time, Amarasekara met investors with an upfront approach.

โ€œI couldnโ€™t hide that I was about to have a baby, and I already have another son, so when I talked to investors I said I had children,โ€ she says.

โ€œInvestors know your history and understand this inevitable juggle, so being upfront was quite good for us.โ€ ย 

With a background in commercial litigation, Amarasekara says the flexibility of the startup world allows her to better juggle scaling a fast-growing startup and raising a family, but the founder admits finding a balance is still a constant struggle.

โ€œI donโ€™t know if thereโ€™s really such a thing as work-life balance,โ€ she admits.

โ€œInvestors have been quite happy to have a baby come along โ€” we joke our son is our youngest board member.โ€

Ready to raise? Have a clear mission

For Amarasekara, seeking investment isnโ€™t just about receiving capital โ€” itโ€™s also about finding investors who are value-adding collaborators.

โ€œThe investors who are asking you a lot about your business are the investors you want to have on board,โ€ she advises.

โ€œInstead of someone trying to give you their opinion on the market, look for investors who can be in a collaborative process.โ€

Having a clear mission and vision for your startup will also help bring investors along on this collaborative journey, according to Amarasekara.

โ€œBe very clear in your vision and your mission. As a startup youโ€™re going to make pivots, but as long as you have a mission that everyone is working towards, then investors want to support you to get to that place,โ€ she says.

โ€œIf everyone is very clear with that mission it makes it a lot easier to get funding and get support.โ€

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