Danggeun

formerly Daangn Market

Korea's neighborhood marketplace connecting local communities

Seoul, South Korea · Founded 2015 · $241.0M raised

Headquarters
Seoul
Employees
201–500
Founded
2015
Business Model
Marketplace
Total Funding
$241.0M
Last Round
$162.0M Series DAug 2021
Rounds
6

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Danggeun Market Inc. (trading as Karrot) is South Korea's largest hyperlocal community marketplace, connecting neighbors for secondhand goods, real estate listings, jobs, and local services. Founded in 2015 by former KakaoTalk employees Gary Kim and Paul Kim, the platform grew from a peer-to-peer resale app to a full neighborhood social network with tens of millions of users. The company achieved unicorn status in 2021 with a $2.7B valuation after a $162M Series D round, and has expanded internationally under the Karrot brand.

Summary

Danggeun is an E-Commerce company based in Seoul, South Korea, founded in 2015. It has raised $241.0M in total across 6 rounds, most recently a $162.0M Series D round in Aug 2021. Investors include SBVA, Altos Ventures and Goodwater Capital.

Tech & App Stack

11 technologies & apps tracked

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Funding History

Secondary MarketSecondary MarketNov 2025

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Funding: Seed through Series D. Amounts, valuations, and investors where available.

Investors

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