How much funding has Alwayz raised?

Alwayz has raised $46.0M in total funding, most recently a Series B round.

Who are Alwayz's investors?

Alwayz's investors include DST Global, Mirae Asset.

Where is Alwayz headquartered?

Alwayz is headquartered in Seoul, South Korea.

Alwayz

Making mobile commerce Always.

Seoul, South Korea · Founded 2021 · $46.0M raised

E-Commerce

Headquarters: Seoul
Employees: 51–200
Founded: 2021
Business Model: Marketplace

Website: alwayz.co
Total Funding: $46.0M
Last Round: $46.0M Series BJun 2023
Rounds: 1

About

Alwayz (operated by Levit Inc.) is a Korean social commerce app that enables group buying to unlock ultra-low prices through collective purchasing power. Founded in 2021 and launched in September 2021, the platform connects buyers who pool purchases together, negotiates directly with producers to cut distribution margins, and charges sellers commission rates of just 5-10%. Alwayz reached 10 million downloads within months of launch, grew to 7 million users with 2.5 million monthly actives, and raised a $46M Series B led by DST Global Partners in 2023.

Summary

Alwayz is an E-Commerce company based in Seoul, South Korea, founded in 2021. It has raised $46.0M in total across 1 round, most recently a $46.0M Series B round in Jun 2023. Investors include DST Global and Mirae Asset.