Fastlane Co., Ltd.

Fastlane Co. , Ltd. is a South Korean company specializing in K-beauty applications, offering innovative skincare treatments through its platform, YeoTi, to enhance beauty and address diverse skin concerns. Founded in 2016 and headquartered in Seoul, South Korea, Fastlane Co.

, Ltd. focuses on developing beauty technology solutions. The company has raised a total of KRW 12 billion through Series B funding, with its most recent deal occurring on December 29, 2021, led by investors including Daekyo Investment and Korea Investment Partners. Fastlane's flagship product, YeoTi, is a medical K-beauty application that provides a variety of skincare treatments such as Rejuran Healer, Exosome therapy, Juvelook, Thermage, and Ulthera.

These advanced treatments are aimed at skin rejuvenation, targeting issues like aging and pigmentation. YeoTi caters to a broad clientele, including both consumers and medical clinics, primarily within South Korea but also extending its offerings to international markets. YeoTi generates revenue through a direct-to-consumer model and partnerships with medical clinics, with clear pricing for treatments such as KRW 20,900 for female hair removal and KRW 239,000 for Rejuran Healer. The app facilitates direct bookings for treatments, driving customer engagement with promotional offers and discounts to enhance retention.

Fastlane plans to leverage the recent KRW 12 billion raised in Series B funding to upgrade the YeoTi app, strengthen its infrastructure, and expand its marketing efforts. The company is also preparing for new product developments in the beauty sector and aims to penetrate additional markets beyond South Korea, aiming for expansion by the end of 2023.