How Much Did Planet Sun Raise?
Funding & Key Investors

Planet Sun has secured $150K in total capital, with its most recent financing round yielding $150K. This significant investment underscores the company's established presence and potential for further expansion in its market sector. The context of this latest capital infusion points towards a large-scale, late-stage funding event, signaling a period of significant growth and strategic development for the organization.

What is Planet Sun?

Planet Sun
Consumer ServicesSpa and Salon Management

Planet Sun specializes in advanced airbrush tanning solutions, utilizing the innovative Evolv sidekick system. Developed by industry veterans behind Mystic Tan and VersaSpa, the company offers a heat-infused airbrush tanning experience. Their proprietary tanning formulations are enriched with beneficial oils like Tea Tree, Argan, and Grapeseed, combined with Erythrulose and DHA to ensure a longer-lasting, evenly fading tan with a natural color suitable for all skin types and tones. Customers can choose between a 'level one' solution for a natural bronzed glow or a 'level two' solution for a deeper, richer tan. The company operates multiple locations, requiring appointments to be booked at least 24 hours in advance.

How much funding has Planet Sun raised?

Planet Sun has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Planet Sun?

The substantial late-stage funding Planet Sun has attracted suggests a strategic pivot towards scaling operations, potentially expanding its service footprint, or enhancing its technological infrastructure. This capital injection is likely earmarked for solidifying its market leadership and exploring new avenues for growth, possibly through further product development or strategic partnerships. The company's focus on a premium, technologically advanced airbrush tanning system positions it for continued success in the beauty and wellness industry.

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Frequently Asked Questions Regarding Planet Sun Financial Insights

What are the most recent funding rounds that Planet Sun has completed, and what were the funding rounds?
Planet Sun has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Planet Sun has raised to date?
Planet Sun has raised a total of $150K in funding to date.
How many funding rounds has Planet Sun completed?
Planet Sun has completed 1 funding rounds.
How much funding did Planet Sun raise in its most recent funding round?
Planet Sun raised $150K in its most recent funding round.
Who are the lead investors in Planet Sun's latest funding round?
The lead investor in Planet Sun's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Planet Sun's history?
The largest funding round in Planet Sun's history was $150K.
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