With only around one-third of workers interested in going back to the office, buildings are rolling out incentives to try to maintain corporate tenants. The latest perk: the robot manicure.
The company has received $3.2 million in funding to date, with its latest seed round led by Initialized Capital via Reddit founder Alexis Ohanian. Angel investors include former Stitch Fix COO Julie Bornstein and Manicube founder Elizabeth Whitman.To convince male VCs to invest, Apte, a Dropbox alum, had to go to great lengths to explain the existing demand. Clockwork is marketed to women looking for efficiency and speed — a concept that was initially a tough sell to male investors.“A lot of investors are men, and so they are like, ‘Oh, but don’t women just want to go there to relax?” said Apte, whose own market research had found that many women are too busy and want a quick manicure. “We’ve actually had situations two or three times when people have been like, ‘I’m sure my wife wants to go there to relax. You should talk to her.’ And we talked to her, and she’s like, ‘Oh my God; I love this. When can it be available?” said Apte. Another challenge with VC investors: teaching them how hard it is to paint nails.
“I just started taking nail polish bottles to investor meetings and I was like, ‘Alright, you do it now,’” said Apte. Since the pandemic, investor interest has been much less of a challenge given the hygienic nature of the service. “We do get a lot of other investors reaching out post pandemic. But by that time, we just weren’t interested in taking more money,” said Apte. The Zo Lounge operates across Tishman Speyer properties globally. It had already been offering manicures along with other beauty services, but the robots allow the service sans human interaction.“A lot of people tell us, ‘This is great. I don’t have to sit in front of a person and worry about breathing the same air,’ especially for almost an hour and a half, which is the average time to get your nails done,” said Apte.
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