About 29cm
29cm is a company based in Seoul (South Korea) founded in 2011 was acquired by Musinsa in June 2018. 29cm has raised $2.64 million across 1 funding round from investors including Musinsa and Altos Ventures Management. 29cm offers products and services including Fashion Apparel, Home Goods, and Beauty Products. 29cm operates in a competitive market with competitors including Coupang, Tmon, 11st, Gmarket(eBay Korea) and OliveYoung, among others.
- Headquarter Seoul, South Korea
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name A Plus B Co., Ltd.
- Jurisdiction Na, Maharashtra, India
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Products & Services of 29cm
29cm offers a comprehensive portfolio of products and services, including Fashion Apparel, Home Goods, and Beauty Products.
Curated clothing items for men and women with seasonal trends
Kitchen and interior products for daily living
Skincare and cosmetics from various brands
People of 29cm
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Funding Insights of 29cm
29cm has successfully raised a total of $2.64M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.64 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $2.6M
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First Round
First Round
(26 Oct 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2016 | Amount | Series A - 29cm | Valuation |
investors |
Investors in 29cm
29cm has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Musinsa and Altos Ventures Management.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Musinsa is recognized as a global fashion platform.
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Founded Year | Domain | Location |
Investments & Acquisitions by 29cm
Financial Statements - 29cm
29Cm Comparisons
Competitors of 29cm
29cm operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupang, Tmon, 11st, Gmarket(eBay Korea) and OliveYoung, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category consumer products are sold via an online marketplace.
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Multi-category products are retailed online by Tmon.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for various consumer goods categories.
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| domain | founded_year | HQ Location |
Products in diverse categories are offered through an e-commerce platform.
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| domain | founded_year | HQ Location |
Runs an online retail platform with products across various categories.
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Latest news on 29Cm
Frequently Asked Questions about 29cm
29cm was founded in 2011 and raised its 1st funding round 5 years after it was founded.
29cm is headquartered in Seoul, South Korea.
29cm is a funded company, having raised a total of $2.64M across 1 funding round to date. The company's 1st funding round was a Series A of $2.64M, raised on Oct 26, 2016.
29cm, operated by aplusb, is an online retailer of fashion, beauty, and home products. It sells products across apparel, innerwear, eyewear, footwear, accessories, furniture, decor, and beauty etc. As of December 2016, they claim to have over 35000 products from 700 brands on the platform. They have both local and international brands on their platform. They provide content on the brand including highlighting the brands history on the brand page. Their mobile app won the German Red Dot award 2014, IF Design Award 2015 and the App stores best of the year award for 2014. They claim that their gross revenue has grown by 200 every year for the past 5 years.
29cm's top competitors include Coupang, Tmon and Gmarket(eBay Korea).
29cm offers Fashion Apparel, Home Goods, and Beauty Products.
29cm has 2 investors. Key investors include Musinsa, and Altos Ventures Management.