How much funding has Danggeun raised?

Danggeun has raised $12.5M in total funding, most recently a Series A round.

Who are Danggeun's investors?

Danggeun's investors include SBVA, SoftBank Ventures Asia, Kakao Investment, Strong Ventures.

Where is Danggeun headquartered?

Danggeun is headquartered in Seoul, South Korea.

What industry is Danggeun in?

Danggeun operates in E-Commerce, Marketplace.

How many employees does Danggeun have?

Danggeun has 201-500 employees.

Danggeun

Korea's neighborhood marketplace connecting local communities

Seoul, South Korea · Founded 2015 · $12.5M raised

E-Commerce

Marketplace

Headquarters: Seoul
Employees: 201–500
Founded: 2015
Business Model: Marketplace

Total Funding: $12.5M
Last Round: $5.3M Series AApr 2018
Rounds: 3

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 $12.5M in total across 3 rounds, most recently a $5.3M Series A round in Apr 2018. Investors include SBVA, SoftBank Ventures Asia and Kakao Investment.