Radish Fiction
AcquiredRadish Fiction was founded in 2016, is headquartered in New York, United States, lists 11–50 employees, and has $66.2M in recorded funding across 2 rounds.
- Headquarters
- New York, New York
- Employees
- 11–50
- Founded
- 2016
- Business Model
- B2C
- Website
- radishfiction.com
- Total Funding
- $66.2M
- Last Round
- $63.2M Series AAug 2020
- Rounds
- 2
- Acquired by
- KakaoMay 2021 · $440.0M
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 7 investors for this company. The full record is or through the API.
About
Radish Fiction is a mobile-first serialized fiction platform where readers consume premium stories in bite-sized episodes optimized for smartphone reading. Founded in 2016 by Seung-yoon (SY) Lee, an Oxford-educated entrepreneur, Radish pioneered a Netflix-style model for genre fiction — offering several free chapters to hook readers, then charging a small fee to continue. The platform focuses heavily on romance, paranormal, and sci-fi genres, and employs a team of writers (including experienced soap opera writers) to produce exclusive serialized content. Radish raised $3 million in a round including UTA and author Amy Tan, followed by a $63.2 million Series A led by SoftBank Ventures Asia and Kakao. In May 2021, Kakao Entertainment acquired Radish for approximately $440 million. The company had offices in Los Angeles, New York, and Seoul, South Korea.
Summary
Radish Fiction is a Media company based in New York, United States, founded in 2016. It lists 11–50 employees. It has raised $66.2M in total across 2 rounds, most recently a $63.2M Series A round in Aug 2020. Investors include Kakao Entertainment, SBVA and UTA Ventures.
Funding & Exit History
May 2021
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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