Ridibooks

The home of webtoons, web novels, manga, and digital comics

Seoul, South Korea · Founded 2008 · $128.0M raised

Headquarters
Seoul
Employees
201–500
Founded
2008
Business Model
B2C
Total Funding
$128.0M
Last Round
$100.0M Growth EquityMar 2022
Rounds
3

About

RIDI Corporation (formerly known as Ridibooks) is South Korea's leading digital content company, founded in 2008 and headquartered in Seoul. Originally launched as Korea's premier e-book platform — often compared to Kindle — RIDI pioneered the country's digital reading market before expanding into webtoons, web novels, and digital comics. In 2022, the company rebranded from Ridibooks to RIDI to reflect its broader ambitions as a content IP powerhouse. RIDI owns and operates two major platforms: RIDI (Korean-language) and Manta (English and Spanish), a global digital comics platform available in over 175 countries with 19 million downloads. Manta offers unlimited access to stories via a monthly subscription and launched manga in 2025. In 2022, RIDI reached unicorn status — the first content startup in South Korea to do so — following a round that valued the company at $1.3 billion. RIDI reported record annual revenue of approximately 251.6 billion KRW (roughly $190 million) in 2025, driven by manga, webtoon, and web novel fandom consumption. The company serves over 4 million active users in Korea and partners with major global publishers to expand its IP library.

Summary

Ridibooks is an E-Commerce company based in Seoul, South Korea, founded in 2008. It has raised $128.0M in total across 3 rounds, most recently a $100.0M Growth Equity round in Mar 2022. Investors include NeoPlux, Mirae Asset and Praxis.

Tech & App Stack

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Funding History

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Growth EquityGrowth EquityMar 2022
$100.0M

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Series B through Growth Equity — per-round amounts, valuations, and who invested in each round.

Investors

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