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Vacation Closes an Oversubscribed $6 Million Series A

May 18, 2023
May 18, 2023
Vacation

Vacation, an award-winning sunscreen company on a mission to make sunscreen fun, closed an oversubscribed $6 million Series A funding round.

WHO: Launched in June 2021, Vacation was founded by Marty Bell, Lach Hall, and Dakota Green with a mission to make sunscreen fun. The trio worked alongside Dr. Elizabeth Hale, Board-Certified Dermatologist and an SVP of The Skin Cancer Foundation, as well as world-renowned perfumers Carlos Huber and Rodrigo Flores-Roux, to create “Leisure-Enhancing” SPF products that are both unique in the category and that make the wearer look, feel, and smell like they’ve been to paradise and back. The nostalgic 360-degree brand world inspired by the sun-soaked days of 1980s beach culture quickly went viral. The brand is sold in Ulta Beauty, Nordstrom, and Anthropologie, with new retail deals with BlueMercury, CIBO, and Aerie. In addition to national retail partnerships, the brand will deepen its commitment to “leisure destinations” such as The Standard, Kith, Ace Hotel, Palisociety, Mondrian, Fellow Barber, and C.O. Bigelow.

WHY: The funding will be used to support the brand's rollout in retail and invest in building a team and product development. 

IN THEIR OWN WORDS: “Dakota, Lach, and Marty have built an incredible brand that is bringing fun back to the sun care category, while demonstrating the ability to break through the inefficiency of digital marketing today with innovative products and creative marketing—that’s their unfair advantage,” said Brian Thorne, Partner at Silas Capital and Head Chair of the Jimmy Buffett Excellence Committee at Vacation. “While the company is laser-focused on building a sizable business within sun care, we do believe that Vacation has the permission to extend into a wide array of adjacent categories and the opportunity to ultimately become this generation’s Margaritaville.”

DETAILS:

  • Vacation closed an oversubscribed $6 million Series A funding round led by Silas Capital with participation from True Beauty Ventures, BFG Partners, Sonoma Brands, Marla Beck (co-founder and former CEO of Blue Mercury), David Grutman (founder of Groot Hospitality), Heela Yang Tsuzuki (co-founder and CEO of Sol de Janeiro), and others.
  • Vacation expects to hit $20 million in retail sales by the end of the year.
  • This month, the brand expands to 700 more Ulta Beauty locations, its largest national partner, bringing its total door count to 1,200-plus stores.
  • Vacation has experienced a 400% growth in sales year over year since its launch in June of 2021, according to London Nielsen-Krupski, the brand’s SVP of Sales & Commercial Strategy.
  • Recent hires for the brand include London Nielsen-Krupski as Senior Vice President, Sales & Commercial Strategy (previously at Bondi Sands, L’Oréal, and PepsiCo), Ryan Bukstein as Vice President of Marketing (previously at Ace Hotels), Katrina Virani as Vice President of Product Development (previously at Pacifica, The Honest Company, MAC Cosmetics, and Korres), and Hannah Kollock as Director of Growth Marketing (previously at COOLA and Milk Makeup).
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