THE WHAT? Salon software start-up, Slick has raised some £1.2 million in a funding round, according to a report published by This is Money.

THE DETAILS Participants in this latest funding round for the L’Oréal-backed booking platform include Mike Wroe, Former CFO for Just Eat, This is Money reports.

THE WHY? With hair and beauty salons potentially re-opening on April 12 in the UK, the platform is anticipating a surge in demand and is targeting sales of £1 million next year, more than double its current revenue.