PPangaea Holdings sells premium men’s grooming and personal care products through its online store, operating two brands: Lumin for skin, body, and hair care, and Meridian for below-the-belt grooming. Products are marketed and sold directly to consumers, giving the company control over branding, pricing, and the customer experience. The two-brand approach, including Meridian’s niche focus, differentiates Pangaea by offering a broader range and education on comprehensive hygiene. Its goal is to help digital consumer brands reach their global potential through a direct-to-consumer model and a premium product line.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$80.5M
Headquarters
Los Angeles, CA
Founded
2018
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Total Funding
$80.5M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
JPalmer Collective, an asset-based lending firm focused on women-led and high-growth consumer brands, has closed a $3.5 million asset-based line of credit to Pangaea, a global brand builder specialising in personal care products for modern consumers. The financing will support working capital, continued growth and refinance existing debt, providing Pangaea with increased flexibility as it scales inventory and expands its brands' omnichannel presence. Pangaea builds a portfolio of innovative and disruptive personal care brands designed for global consumers. The flexible credit structure allows the company to access capital whilst lowering ongoing debt costs and maintaining sustainable growth.
Global investment group Eurazeo invested $53 million in Pangaea Holdings for a minority investment in the Los Angeles e-commerce company rooted in creating premium men’s personal care brands.
NEW YORK--(BUSINESS WIRE)--Eurazeo, a leading global investment group with a diversified portfolio, invests $53 million in Pangaea Holdings, Inc.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$80.5M
Headquarters
Los Angeles, CA
Founded
2018
Find jobs on Simplify and start your career today
We update Pangaea's jobs every few hours, so check again soon!Browse all jobs