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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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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

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