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Great Many Raises Pre-Seed Of $3.6M To Make Hair Growth Solutions More Accessible

Great Many Raises Pre-Seed Of $3.6M To Make Hair Growth Solutions More Accessible

August 21, 2024 Craig Etkin

The NYC-based company launches a proprietary product line and telehealth element in tandem with the seed round

August 21, 2024 05:00 AM Pacific Daylight Time

NEW YORK–(BUSINESS WIRE)–Great Many, the company creating a dedicated place for hair growth, announces it has raised a pre-seed of $3.4M, oversubscribing by $600,000.BrandProject led the pre-seed round and is responsible for Daily Harvest, Our Place, Wonderbelly, Gainful, PORTA, The Gleamery, and more. Additional investments includeMidnight Venture Partners and Tonic Ventures, with Angel investments from Lukas Keindl, Co-founder of BondVet, Andy Grover, Co-founder of Tend Dental, Elizabeth Cutler, Co-founder of SoulCycle, and Meghan Maupin, Founder of Atolla Skincare (acquired by Function of Beauty) and current CEO of OurX.

“Hair loss is an all-too-familiar problem that remains stigmatized for both men and women, and is critical to most people’s identity. The multi-billion-dollar hair loss prevention market is notoriously filled with over promises and confusion, leaving consumers feeling hopeless”

Hair loss occurs in men and women across ages, for a variety of reasons. It can be daunting to seek solutions or speak openly about one’s experiences with peers, but Great Many is on a mission to destigmatize those conversations. Launched in June 2024, the new venture by beauty industry veterans Michael Pollak (Co-Founder of Heyday and Advisor to WTHN) and Steve Klebanow (former exec at Estée Lauder and Co-Founder of Haar & Co Barbershop) seeks to make hair growth an answer, not a question. The company opened its flagship growth studio in NoHo on June 4th, with a staff of knowledgeable, compassionate clinicians and hair experts who provide services for men and women seeking to grow or preserve hair.

“In the last 10+ years, there have been so many concepts launched making skincare and aesthetics more accessible – from facial shops to med spas to cosmetic dermatologist offices. We know how much hair matters to people, yet the space still leaves people confused, full of myths, and without a high-touch solution,” says Co-Founders, Michael Pollak and Steve Klebanow. “Great Many is home for hair growth and 100% dedicated to providing expert-led, personalized hair growth plans – revolutionizing hair health in the same way specialized clinics did for skincare. We are excited for people to have a plan and partner in maximizing their hair’s potential.”

In securing this pre-seed, Great Many is launching two new pillars of the business to propel their mission beyond the walls of their NoHo clinic, ensuring that the brand is the go-to destination for all things hair growth across the US. The expansion includes a proprietary line of four hair care products powered by its GrowthFactor Formula™ ingredient complex, alongside telehealth services to support consultations for those outside of NYC.

The new GrowthFactor Formula™ product line will consist of a GreaterThan Shampoo, GreaterThan Conditioner, RootSupport Densifying Serum, and RootRest Scalp Treatment ranging individually from $34-$49 with bundles available. The products feature clean, proprietary ingredients that encourage hair growth while supporting scalp and follicle health. Those in NYC can purchase products and visit Great Many in NoHo at 304 Mulberry Street, NY, NY 10012. Outside of New York, people can receive prescription medications via Great Many’s new telemedicine platform and purchase their products online at greatmany.com.

“Hair loss is an all-too-familiar problem that remains stigmatized for both men and women, and is critical to most people’s identity. The multi-billion-dollar hair loss prevention market is notoriously filled with over promises and confusion, leaving consumers feeling hopeless,” says Andrew Black, Founder and Managing Partner of BrandProject. “Great Many is here to change that with their holistic one-stop-shop solution for people to receive comprehensive, science-backed products and in-studio treatments, all supported by top medical hair experts. We are thrilled to be early investors in Great Many, supporting exceptional founders Steve and Michael on their journey to reimagine hair growth.”

“Michael and Steve have done an amazing job building the best place for hair growth. I am a big believer in clinically-proven, minimally-invasive and all-natural treatments,” says Lukas Keindl, Co-founder of BondVet. “PRP treatments, and future treatments Great Many will offer, will be a life-changing service for many men and women in NYC and across the country.”

Imagery Assets
NoHo Clinic | Product Collection | Co-Founder Headshots

About Great Many

Founded by Michael Pollak (Co-Founder of Heyday and Advisor to WTHN) and Steve Klebanow (former exec at Estée Lauder and Co-Founder of Haar & Co Barbershop), Great Many is an NYC-based company providing a holistic approach to hair growth solutions by creating a dedicated space for hair health. Offering treatments inclusive of PRP, prescription oral and topical medications, and an in-house product line consisting of its proprietary GrowthFactor Formula™, Great Many’s ultimate goal is to ensure that men and women feel seen, empowered, and educated on the nuances of hair health and their personalized hair growth journey.

About Great Many’s Treatments + Product Offerings

  • Hair Assessment – Consultation with a board-certified medical clinician to help one understand their hair history and goals. The assessment takes a look at your hair and follicles up close and shows you things like follicle density, hairs per follicle, scalp buildup, hair in different stages, and more. The analysis demystifies hair growth by educating one on the solutions available and creating a personalized plan tailored to your hair goals.
  • Plasma Hair Restoration (aka platelet-rich plasma, or PRP) – Clinically proven, non-surgical, natural treatment that harnesses the healing capabilities in our blood to densify thinning hair, reactivate recently lost hair, and prolong our hair’s lifespan. Great Many recommends, as supported by clinical studies, 3-6 sessions to start seeing results. While pricing for PRP can range upwards of $4K for 3 sessions, Great Many is thrilled to offer a more accessible solution for under $2K due to its sole focus on hair growth services.
  • Personalized, clinically-backed medications to support your hair’s lifecycle. People can access these prescriptions in-clinic and online via Great Many’s telehealth platform for less than $1/day
  • GrowthFactor Formula™ Hair Care Products– In-house product line formulated with proprietary, clean ingredients to activate growth, optimize scalp health, and defend against loss.
    • GreaterThan Shampoo ($34) – A sulfate-free, hydrating shampoo cleanses without stripping – leaving hair feeling soft, fresh, and full. Safe for color-treated hair.
    • GreaterThan Conditioner($34) – A silicone-free, hydrating conditioner deeply nourishes and safeguards against damage – ensuring hair stays full, soft, and smooth, without weighing it down. Safe for color-treated hair.
    • RootSupport Densifying Serum($48) – A quick-drying, non-greasy, fragrance-free formula revitalizes roots and optimizes scalp health for thicker, denser, fuller-looking hair.
    • RootReset Scalp Treatment($48) – An exfoliating treatment deeply cleanses, unclogs pores, and clears away buildup—creating an optimal environment for tomorrow’s hair to thrive.

Contacts

Sarah Corn: sarah.corn@azionepr.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Great Many, New York, New York City, Venture Capital

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TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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