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Hair Color Innovator Madison Reed Raises Over $50 Million to Continue Omnichannel Expansion Brand prepares to seize here-to-stay post-pandemic consumer behavior shifts News provided by Share this article Share this article SAN FRANCISCO, Feb. 24, 2021 /PRNewswire/  Madison Reed announced a $52 million financing round to continue to fuel its omnichannel expansion and build upon the 130 percent growth it saw during 2020. The round was led by True Ventures, an investor in Peloton, Ring and Blue Bottle Coffee. The round includes participation from Norwest Venture Partners, Comcast Ventures and Shea Ventures all of which have invested in earlier rounds. New investors include Goldman Sachs, Motley Fool Ventures, Portfolia Rising America Fund and Portfolia FirstStep Fund.

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