Natural Haircare Startup Secures $1M in Funding Backed by Alexis Ohanian’s Initialized Capital

Now, she’s the founder and CEO of Naza Beauty , what Megan Rose Dickey referred to as a “Drybar but for women of color.” As a Black woman going to the hair salon is a part of self-care. The salon — which recently secured $1 million in funding backed by Alexis Ohanian’s Initialized Capital — offers 25 variations of five different protective styles including crotchet, sew-ins, twists, blowouts, and braids. “A lot of times women with textured hairs are made to feel ashamed when they go into the salon setting or even out into the world. We’re creating community around valuing coily, kinky and afro hair.” The Initialized Capital-backed startup’s software serves as a booking and payments platform and makes product recommendations based on learning the customer’s style. “We are reimagining the end-to-end beauty experience for black and brown women starting at the salon,” Montgomery told TechCrunch.