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Great Many raises .6 million in pre-seed capital to make hair growth solutions more accessible

The New York-based company is launching its own product line and a telemedicine element in parallel with the seed round

NEW YORK, August 21, 2024–(BUSINESS WIRE)–Many many, The company that creates a special place for hair growth announces that it has raised pre-funding of $3.4 million, making it $600,000 oversubscribed. Brand project led the pre-seed round and is responsible for Daily Harvest, Our Place, Wonderbelly, Gainful, PORTA, The Gleamery and more. Other investments include midnight Venture Partner And Tonic Ventureswith angel investments from Lukas KeindlCo-founder of BondVet, Andy GroverCo-founder of Dental laboratory, Elisabeth SchneiderCo-founder of Soul cycleAnd Meghan MaupinFounder of Atolla Skincare (acquired by Function of beauty) and current CEO of OurX.

Hair loss occurs in men and women of all ages for a variety of reasons. It can be daunting to seek solutions or talk openly with peers about your experiences, but Great Many is on a mission to destigmatize these conversations. Launched in June 2024, the new company from beauty industry veterans Michael Pollak (co-founder of Heyday and advisor to WTHN) and Steve Klebanow (former executive at Estée Lauder and co-founder of Hair & Co Barbershop) aims to make hair growth an answer, not a question. The company opened its flagship growth studio in NoHo on June 4, with a team of knowledgeable, compassionate clinicians and hair experts offering services for men and women looking to grow or maintain hair.

“Over the last 10+ years, so many concepts have been launched to make skin care and aesthetics more accessible – from beauty salons to medical spas to cosmetic dermatologists’ offices. We know how important hair is to people, but this area still confuses people, is full of myths and does not offer a comprehensive solution,” say co-founders Michael Pollak and Steve Klebanow. “Great Many is the home of hair growth and is 100% dedicated to providing expert, personalized hair growth plans – revolutionizing hair health in the same way that specialized clinics have done with skin care. We are excited for people to have a plan and a partner to maximize their hair’s potential.”

With the securing of this advance, Great Many is launching two new business pillars to advance its mission beyond the walls of its NoHo clinic and ensure the brand is the go-to destination for all things hair growth throughout the U.S. The expansion includes a proprietary line of four hair care products based on the GrowthFactor Formula™ ingredient complex, as well as telehealth services to support consultations for those outside of NYC.

The new GrowthFactor Formula™ line consists of GreaterThan Shampoo, GreaterThan Conditioner, RootSupport Densifying Serum and RootRest Scalp Treatment and ranges in price from $34 to $49 individually, with bundles also available. The products contain clean, proprietary ingredients that promote hair growth while supporting scalp and hair follicle health. Those living in NYC can purchase the products and visit Great Many in NoHo at 304 Mulberry Street, NY, NY 10012. Outside of New York, people can obtain prescription medications through 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 in both men and women and is central to most people’s identities. The multi-billion dollar hair loss prevention market is notoriously full of exaggerated promises and confusion, leaving consumers hopeless,” says Andrew Black, Founder and Managing Partner of BrandProject.”Great Many wants to change that. With its holistic one-stop-shop solution, it offers people comprehensive, science-based products and in-studio treatments, all supported by leading medical hair experts. We are excited to be among Great Many’s first investors and to support the extraordinary founders Steve and Michael on their journey to reinvent hair growth.”

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

Images
NoHo Clinic | Product collection | Portrait photos of the co-founders

About Great Many

Founded by Michael Pollak (Co-Founder of Heyday and Advisor to WTHN) and Steve Klebanow (Former Executive at Estée Lauder and Co-Founder of Haar & Co Barbershop), Great Many is a New York-based company that provides a holistic approach to hair growth solutions by creating a dedicated hair health space. Great Many offers treatments including PRP, prescription oral and topical medications, and its own line of products comprised of the proprietary GrowthFactor Formula™. Great Many’s ultimate goal is to ensure that men and women feel seen, empowered, and educated about the nuances of hair health and their individual hair growth journey.

About Great Many’s Treatments + Product Offers

  • Hair assessment – Consultation with a board-certified physician to help you understand your hair history and goals. The exam will closely examine your hair and follicles and show you things like follicle density, hair per follicle, scalp structure, hair in different stages, and more. The analysis demystifies hair growth by educating you on the solutions available and creating a personalized plan tailored to your hair goals.

  • Plasma hair restoration (also known as platelet-rich plasma or PRP) – Clinically proven, non-surgical, natural treatment that uses the healing powers of our blood to thicken thinning hair, reactivate recently lost hair, and extend the life of our hair. Great Many recommends 3-6 sessions to start seeing results, as supported by clinical studies. While prices for PRP can be as high as $4,000 for 3 sessions, Great Many is happy to offer a more affordable solution for under $2,000 as it focuses exclusively on hair regrowth services.

  • Personalized, clinically proven medicines to support the life cycle of your hair. People can access these prescriptions in the clinic and online through Great Many’s telemedicine platform for less than $1/day

  • GrowthFactor Formula™ Hair Care Products Own product line with protected, clean ingredients to activate growth, optimize scalp health and protect against hair loss.

    • GreaterThan Shampoo (34 USD) A sulfate-free, moisturizing shampoo cleanses without drying out the hair – for a soft, fresh and full hair feeling. Safe for color-treated hair.

    • GreaterThan Conditioner (34 USD) A silicone-free, moisturizing conditioner deeply nourishes and protects against hair damage. It ensures that hair remains full, soft and smooth without weighing it down. Safe for color-treated hair.

    • RootSupport densification serum (48 USD) A quick-drying, non-greasy, fragrance-free formula revitalizes hair roots and optimizes scalp health for thicker, denser, fuller-looking hair.

    • RootReset Scalp Treatment (48 USD)A peeling treatment cleanses thoroughly, opens the pores and removes deposits – creating an optimal environment for the hair of tomorrow to thrive.

View original version on businesswire.com: https://www.businesswire.com/news/home/20240821202713/en/

Contacts

Sarah Corn: [email protected]

By Olivia

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