Hairstyle inspiration app has been accepted into the Y Combinator Fellowship program

folarin okunola

June 29, 2016 10:59 AM

The program lasts for eight weeks and equips startups with $20,000 (in the form of convertible security) and advice from the YC community.

Tress Co-Founders

The Tress app was developed by Esther Olatunde, Priscilla Hazel, and Cassandra Sarfo - three women software entrepreneurs hailing from both Ghana and Nigeria, who were at the Pulse studios early 2016 to talk about the app. The trio met at the Meltwater Entrepreneurial School of Technology (MEST) where they became friends and decided to work on the app to solve the hair care problem they all faced.

The YC Fellowship is set up to help launch startups currently in their early stage. The program lasts for eight weeks and equips startups with $20,000 (in the form of convertible security) and advice from the YC community.

ALSO READ: The cofounders of this hairstyle inspiration app for women explain what it is all about [VIDEO]

“Acceptance into the Y Combinator Fellowship is validation of the work we are doing at Tress and the value we strive to provide to black women,” says Priscilla, according to TechCabal. “We are excited to take full advantage of opportunities available in the Y Combinator Fellowship program to fulfil our mission of helping black women thrive.”Black women spend 9 times more money than women of other races on their on the average and the global black hair industry is valued at over $500 billion.

Tress hopes to tap into this by providing a platform where black women can discover new hair styles, stylists, products, costs, and all kinds of information that they may need before making their hair.

The tress team will be a part of the Kick Off conference during the first week of the program. The following weeks will be conducted remotely with virtual weekly office hours and talks. The team will pitch to investors at a Virtual Demo Day. Congrats to the Tress team!

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folarin okunola