Madison Reed

Runway Growth Finance Corp. Provides First Quarter 2024 Portfolio Update

Retrieved on: 
Tuesday, April 9, 2024
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MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024.

Key Points: 
  • MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024.
  • The team is in a strong position to drive performance with ample capital to execute against our long-term growth strategy and deliver shareholder value.”
    In the first quarter of 2024, Runway Growth funded two investments: one investment in a new portfolio company and one investment in an existing portfolio company.
  • During the first quarter ended March 31, 2024, Runway Growth experienced two prepayments totaling $34.5 million and scheduled principal amortization of $0.4 million.
  • As of March 31, 2024, the Runway Growth portfolio included 47 debt investments to 30 portfolio companies and 80 equity investments in 49 portfolio companies, including 26 portfolio companies where Runway Growth holds both a debt and equity investment.

Madison Reed Wins A Highly Coveted 2023 Allure Best of Beauty Award

Retrieved on: 
Thursday, September 21, 2023
Paraben, Hair, Human, Nutrient, Light, Target, Rain, Madison Reed, SAN, Human hair color, Perspiration, Allure, Ulta Beauty, Cosmetics, Interior design, Amazon, Walmart

SAN FRANCISCO, Sept. 21, 2023 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, today announced they have won an Allure Best of Beauty Award for Best Hair Color in the Root Coverage category. The winning product is the brand's powder-based temporary root touch up kit and brow filler, The Great Cover Up Root Touch Up + Brow Filler. This marks the second year in a row that The Great Cover Up Root Touch Up + Brow Filler has won, and five years of recognition for Madison Reed. Recent wins include Root Perfection Root Touch Up Kit & The Great Cover Up Root Touch Up + Brow Filler in 2022, Radiant Hair Color in 2021, Color Reviving Gloss in 2020 and Light Works Balayage Highlighting Kit in 2018.

Key Points: 
  • SAN FRANCISCO, Sept. 21, 2023 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the hair color industry, today announced they have won an Allure Best of Beauty Award for Best Hair Color in the Root Coverage category.
  • This marks the second year in a row that The Great Cover Up Root Touch Up + Brow Filler has won, and five years of recognition for Madison Reed.
  • Allure's Best of Beauty Award is one of the most coveted in the beauty industry.
  • Madison Reed products can be found online at www.madison-reed.com , Amazon, Madison Reed Hair Color Bars, Ulta Beauty select Ulta Beauty at Target and Walmart locations.

Executive Hire: Angela Jaskolski Joins Madison Reed as Chief Revenue Officer

Retrieved on: 
Tuesday, July 11, 2023
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SAN FRANCISCO, July 11, 2023 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, today announced the appointment of Angela Jaskolski as Chief Revenue Officer. Jaskolski brings with her a wealth of retail and service sector experience hailing from her leadership background at Aveda and Self Esteem Brands, the parent company of Anytime Fitness and Waxing the City, along with Thrive Pet Healthcare, where she served as COO. She also previously served as VP of Operations with Regis Corporation, consisting of over 50 brands, including Supercuts and Cost Cutters. With her passion for creating a better lifestyle and more opportunities for salon professionals, coupled with her ability to successfully establish high-performing teams, this strategic hire will support in continuing to scale Madison Reed's quickly growing business.

Key Points: 
  • SAN FRANCISCO, July 11, 2023 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the hair color industry, today announced the appointment of Angela Jaskolski as Chief Revenue Officer.
  • From working in the industry for over two decades, I was familiar with Madison Reed as the brand that revolutionized hair color, but as I learned more, I fell in love with the heart and soul of this values-driven company," said Angela Jaskolski, Chief Revenue Officer at Madison Reed.
  • In this role, Jaskolski will lead all aspects of Madison Reed's Hair Color Bar business and e-commerce revenue operations to drive efficiencies while also building additional revenue streams.
  • This appointment comes during a year of tremendous growth for Madison Reed, as the brand continues to rapidly build their omnichannel footprint.

Madison Reed Launches New Limitless Membership and Rewards Programs to Further Disrupt the Hair Color Category

Retrieved on: 
Wednesday, April 12, 2023
Hair, Life, Limitless, DoorDash, Human, Woman, Target, Ulta, Pandemic, Madison Reed, SAN, Growth, Human hair color, Ulta Beauty, Interior design, Mail order, Amazon

SAN FRANCISCO, April 12, 2023 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, today introduced an expanded series of membership and rewards programs, making it more convenient and affordable for customers to get gorgeous hair color, at home or at one of Madison Reed's 80+ Hair Color Bars nationwide. This initiative is Madison Reed's latest move to revolutionize the hair color category by launching programs that make it even more rewarding to be a Madison Reed customer.

Key Points: 
  • SAN FRANCISCO, April 12, 2023 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the hair color industry, today introduced an expanded series of membership and rewards programs, making it more convenient and affordable for customers to get gorgeous hair color, at home or at one of Madison Reed's 80+ Hair Color Bars nationwide.
  • This initiative is Madison Reed's latest move to revolutionize the hair color category by launching programs that make it even more rewarding to be a Madison Reed customer.
  • Madison Reed's Limitless Membership builds upon the brand's existing membership program to offer four expansive options and new rewards that meet customers' hair color needs at home or in a Madison Reed Hair Color Bar.
  • Madison Reed products can be found online at www.madison-reed.com , Amazon, Madison Reed Hair Color Bars, Ulta and Ulta Beauty at Target, in addition to DoorDash delivery.

Runway Growth Finance Corp. Provides Fourth Quarter 2022 Portfolio Update

Retrieved on: 
Tuesday, January 10, 2023
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WOODSIDE, Calif., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2022.

Key Points: 
  • WOODSIDE, Calif., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2022.
  • “Runway Growth capitalized on its strong momentum in the venture lending space, completing twelve investments in new and existing portfolio companies, and delivering record fourth quarter and full year originations,” said David Spreng, Founder and CEO of Runway Growth.
  • In the fourth quarter of 2022, Runway Growth funded 12 investments: six investments in new portfolio companies, and six new investments in existing portfolio companies.
  • Runway Growth delivered its fourth consecutive quarter of record originations through deploying leverage and partnering with the highest quality late-stage companies to drive portfolio growth.

Madison Reed Wins Two Highly Coveted Allure Best of Beauty Awards

Retrieved on: 
Tuesday, September 20, 2022
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SAN FRANCISCO, Sept. 20, 2022 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, was awarded two Allure Best of Beauty Award wins for best Hair Color in the Root Coverage category. This includes the brand's powder-based temporary root touch up kit and brow filler, The Great Cover Up Root Touch Up + Brow Filler, and recently launched, cream-based permanent root touch up kit, Root Perfection Root Touch Up Kit. This marks the fourth year of recognition for Madison Reed, with wins including Radiant Hair Color in 2021, Color Reviving Gloss in 2020 and Light Works Balayage Highlighting Kit in 2018.

Key Points: 
  • SAN FRANCISCO, Sept. 20, 2022 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the hair color industry, was awarded two Allure Best of Beauty Award wins for best Hair Color in the Root Coverage category.
  • "At Madison Reed, our mission is to provide the best, most luxurious hair color solutions made with ingredients you can feel good about.
  • Madison Reed products can be found online at www.madison-reed.com , Amazon, Madison Reed Hair Color Bars, Ulta and select Ulta Beauty at Target locations, in addition to DoorDash delivery.
  • Founded in 2013, Madison Reed is a prestige beauty brand that has revolutionized the hair color industry.

Madison Reed Appoints New Board Members, While Building its C-Suite to Continue Driving Omnichannel Retail Expansion

Retrieved on: 
Friday, June 24, 2022
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NEW YORK, June 24, 2022 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, today announced the appointment of Michael Dubin, Founder of Dollar Shave Club, and Stephanie Davis Michelman, Global Chief Marketing Officer (CMO) of Benefit Cosmetics, to its Board of Directors. The company is also announcing the hiring of Brad Lande-Shannon as Chief Marketing Officer (CMO) and the promotion of Tyler Wozny to Chief Digital Officer (CDO). These strategic moves will broaden Madison Reed's retail expertise, as the company continues to grow its omnichannel presence. Madison Reed plans to end 2022 with 80 Hair Color Bars nationwide, while building its strong recurring direct to consumer customer base and retail presence at ULTA, ULTA Beauty at Target, and Amazon.

Key Points: 
  • These strategic moves will broaden Madison Reed's retail expertise, as the company continues to grow its omnichannel presence.
  • Michael Dubin, the Founder and former CEO of Dollar Shave Club, is joining Madison Reed's Board of Directors.
  • A long-time supporter of Madison Reed, Dubin will bring a wealth of experience from his journey with Dollar Shave Club, which included driving the company's $1 billion acquisition by Unilever and its omnichannel expansion.
  • Madison Reed has also appointed Stephanie Davis Michelman, the Global Chief Marketing Officer of Benefit Cosmetics, to its Board.

Madison Reed Raises $33M Amid Rapid Expansion of its Hair Color Bars and Retail Footprint

Retrieved on: 
Thursday, April 28, 2022
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SAN FRANCISCO, April 28, 2022 /PRNewswire/ -- Madison Reed, the prestige beauty brand that has revolutionized the hair color industry, today announced $33 million in new financing led by Sandbridge Capital, with participation from Marcy Venture Partners. Through this strategic investment, Madison Reed will leverage Sandbridge Capital and Marcy Venture Partners' global expertise across the modern retail and beauty space in order to increasingly scale its successful omnichannel business. Since launching in 2014, Madison Reed has redefined the way women color their hair through its prestige product portfolio, coupled with its omnichannel business model comprising of its Hair Color Bar business, direct-to-consumer offering, and nationwide retail footprint.

Key Points: 
  • Since launching in 2014, Madison Reed has redefined the way women color their hair through its prestige product portfolio, coupled with its omnichannel business model comprising of its Hair Color Bar business, direct-to-consumer offering, and nationwide retail footprint.
  • "Madison Reed was built on the belief that salon-gorgeous hair color should be convenient, affordable and made with ingredients women can feel good about.
  • Founded in 2013, Madison Reed is the prestige beauty brand revolutionizing the way women color their hair.
  • Products can be found online at www.madison-reed.com , Amazon, Madison Reed Hair Color Bars, Ulta and select Ulta at Target locations, in addition to DoorDash delivery.

Madison Reed Appoints Jose Zuniga as Chief Financial Officer

Retrieved on: 
Wednesday, March 9, 2022
Heart, Ulta, Industry, Founder, Dollar Shave Club, Human, CFO, Culture, Multimedia, CPG, Acquisition, Unilever, Woman, Human hair color, Madison Reed, Color, Yahoo!, Beauty, Hair, Technology, Solution, Growth, DoorDash, Freedom, Target, Goal, CEO, Google, Interior design, Overture, Amazon

NEW YORK, March 9, 2022 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the hair color industry, today announced the appointment of Jose Zuniga as Chief Financial Officer.

Key Points: 
  • NEW YORK, March 9, 2022 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the hair color industry, today announced the appointment of Jose Zuniga as Chief Financial Officer.
  • "I am thrilled for Jose to be joining Madison Reed during this tremendous period of growth for our company.
  • In this role, Zuniga will lead Madison Reed's financial functions, data and analytics and help scale its footprint and growth operations.
  • "I'm excited to bring my professional experience and financial acumen to Madison Reed, an incredibly powerful omnichannel CPG company that is providing women with a better way to color their hair through its multi-channel approach, superior customer experience and prestige products," said Jose Zuniga, Chief Financial Officer at Madison Reed.

Madison Reed Expands Hair Color Bar Offerings Nationwide to Include Ammonia-Free Highlights Services

Retrieved on: 
Wednesday, February 23, 2022
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NEW YORK, Feb. 23, 2022 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the way women color their hair, has officially expanded their service menu to include ammonia-free highlights services, exclusively at their 53 Madison Reed Hair Color Bars nationwide.

Key Points: 
  • NEW YORK, Feb. 23, 2022 /PRNewswire/ -- Madison Reed , the prestige beauty brand that has revolutionized the way women color their hair, has officially expanded their service menu to include ammonia-free highlights services, exclusively at their 53 Madison Reed Hair Color Bars nationwide.
  • Madison Reed's Hair Color Bar concept gives clients access to salon-gorgeous hair color, applied by a licensed professional, at a fraction of the time and cost of a traditional salon.
  • "When our clients ask, we deliver and that's most certainly the case with highlights; we had hundreds of clients asking for foil highlights every week in our Hair Color Bar locations nationwide," said Amy Errett, CEO and Founder of Madison Reed.
  • At Madison Reed Hair Color Bars, clients have access to signature color services like root touch-ups, balayage highlights and all-over color and now, ammonia-free foil highlights.