The film is described as "Michael Gordon and Craig Teper's revealing, inspirational portrait of how one extraordinary man changed the world with a pair of scissors."
It follows Sassoon's path from a London orphanage to international success as a celebrity hairstylist.
"With an emphasis on Sassoon's longstanding commitment to health and his inspirational drive, the film shows him to be not only one of the great innovators of our time, but a cultural life force as relevant today as ever," its producers said in a news release Tuesday.
The Tribeca Film Festival world premiere screening is to take place April 23 at the School of Visual Arts Theater in Manhattan.
Sassoon is expected to attend the festival and participate in a question-and-answer session following the premiere screening, along with director Teper and producer Gordon.