How much funding has Watcha raised?

Watcha has raised $94.0M in total funding, most recently a Convertible Note round.

Who are Watcha's investors?

Watcha's investors include eBEST Investment & Securities, NeoPlux, Kakao Investment, SBI Investment Korea, Dunamu, Enlight Ventures.

Where is Watcha headquartered?

Watcha is headquartered in Seoul, South Korea.

Watcha

Seoul, South Korea · Founded 2011 · $94.0M raised

E-Commerce

Headquarters: Seoul
Founded: 2011
Business Model: B2C
Website: watcha.com

Total Funding: $94.0M
Last Round: $42.0M Convertible NoteOct 2021
Rounds: 5

About

Watcha (왓챠) is a South Korean subscription video-on-demand and over-the-top (OTT) streaming platform founded in September 2011 by Park Tae-hun, offering films, television series, variety shows, documentaries, and animations. The service launched its OTT platform in January 2016 and expanded internationally, reaching second place in user satisfaction in both South Korea and Japan at its peak. Watcha also operates Watcha Pedia, a companion movie review and rating app. In August 2025, the company entered corporate rehabilitation proceedings after creditor Enlight Ventures filed following Watcha's failure to refinance 49 billion won in convertible bonds.

Summary

Watcha is an E-Commerce company based in Seoul, South Korea, founded in 2011. It has raised $94.0M in total across 5 rounds, most recently a $42.0M Convertible Note round in Oct 2021. Investors include eBEST Investment & Securities, NeoPlux and Kakao Investment.