What is Planet Sun?
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:
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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