Digital Tipping System For the Beauty Industry Receives $1.5 Million in Series A Funding

DirectTIPS successfully completed its Series A funding of $1.5 million for Tippy, a disruptive, digital tipping system for the beauty industry. Proceeds will be used to accelerate product innovation and market expansion.
Funding was led by Douglas Von Allmen, founder of Beauty Alliance, the largest privately-owned professional beauty products distributor in the country at the time of its acquisition by L’Oreal in 2007. Additionally, Mr. Von Allmen is the primary investor in BehindTheChair.com, the largest community of salon professionals in the world with over 600,000+ active members.
The round was joined by The Lehigh Valley Angel Investors’ Group and private investor, Michael Caron.

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