The booking platform extended its Series C fundraise to over $152m, valuing the company at more than $640m.
"We believe that professionals like barbers, stylists and therapists should be able to focus on their craft without having to worry about the daily hassles of running their businesses,"
The financing round was led by Edinv alongside Tileyard London and MPL Ventures.
"We are proud to have secured even more investment as part of our mission to help ensure artists are paid fairly after decades of missing out due to outdated processes. The mission is everything to us, and to have the continued support from our musical heroes like Björn further helps deliver our vision globally."
The London startup secured the capital from backers including Founders Factory and Craig Burkinshaw to drive its marketing efforts.
"First and foremost we’re going to plough the money into marketing – to not just get Karmacist out there but explain the breakthroughs our Harvard and Stanford scientists have come up with."
The Seed round was led by TEN13 with backing from prominent angel investors.
"5-days a week in the office is dead. Employees now go into the office when they want to collaborate with colleagues, but will likely stay at home if they need to focus. And employers have been forced to adapt to this lasting shift. COVID-19 has caused a lasting and defined change in how and where people want to work."
Ten Coves Capital led the growth financing round to accelerate global market expansion and product development.
"This financing is a crucial next step as we continue to scale our operations and add to our global client base, which includes many of the world’s largest banks and asset management firms. With this latest investment, we look forward to deepening and expanding our solutions, and continuing to deliver the world-class service our clients expect,"