About ABLY
ABLY is a company based in Seoul (South Korea) founded in 2018 by Seok-Hoon Kang. ABLY has raised $76.9 million across 3 funding rounds from investors including Alibaba.com, LB Investment and Kolon Investments. ABLY offers products and services including Style Commerce Platform and Chain Platform. ABLY operates in a competitive market with competitors including Tmon, Musinsa, Brandi, Rapo Labs and 11st, among others.
- Total Equity Funding$76.9M (USD)
in 3 rounds
- Latest Funding Round$71M (USD), Series B
Dec 2024
- InvestorsAlibaba.com
& 2 more
Associated legal entities of ABLY
ABLY operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | – | – | – | View details |
Products & Services of ABLY
ABLY offers a comprehensive portfolio of products and services, including Style Commerce Platform and Chain Platform.
Platform for buying and selling user styles online
Tool for designing and distributing personal products
Apps and channels of ABLY
its YouTube channel 에이블리 has 120K subscribers and 30 videos.
Videos from ABLY
The most watched videos on ABLY's YouTube channel, 에이블리 (120K subscribers). Click a video to play it here.
More on 에이블리.
Funding Insights of ABLY
ABLY has successfully raised a total of $76.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $71 million completed in December 2024. 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 $76.9M
- Total Rounds 3
- Last Round Series B โ $71M
- First Round $5.9M
(Jun 2019)
- Investors Count 3
All 3 funding rounds of ABLY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $71M | Series B | โ | โ | |
| Apr 2024 | – | Series A | โ | โ | |
| Jun 2019 | $5.9M | Series A | โ | LB Investment, Kolon Investments | โ |
3 investors in total: 3 institutional.
Investors in ABLY
ABLY has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, LB Investment and Kolon Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage private equity investments are targeted across multiple sectors. | 1996 | lbinvestment.com | Seoul, South Korea | |
Venture capital and private equity are invested in various sectors. | – | koloninvest.com | Seoul, South Korea | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | alibaba.com | New York, United States |
Investor details for ABLY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of ABLY
25 people are tracked at ABLY (4 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
Seok-Hoon Kang | Co-Founder & CEO | Leadership |
Yunju Park | Recruiting Partner | Leadership |
Yong Hoon Do | Head of Engineering | Leadership |
Daniel Lee | Head of Investment & Strategy | Leadership |
원석 오 | iOS Engineer | Team |
YEIN KIM | Product Designer | Team |
Junhyeon Oh | iOS Engineer | Team |
Aaron Jung | Frontend Engineer | Team |
Sookyeom Kim | Back End Engineer | Team |
Taekhyang Kim | Backend Developer | Team |
Jeffrey Junsoo Park | 실장, 풀필먼트운영실 I Gm, Fulfillment Ops At ABLY Corp | Team |
Kwanghoon Kim | General Counsel | Team |
Seungjae Lee | Frontend Chapter Lead | Team |
GwangJae Han | Frontend Engineer | Team |
YoungSun Ban | iOS App Developer | Team |
Jinwoo Kim | Software Engineer | Team |
Jiyong Lee | Frontend Developer | Team |
SangHyun Jeong | Android & Frontend Enginner | Team |
Yeonghwan Jang | Software Engineer | Team |
Wonsik Jeong | Product Owner | Team |
5 more people are available in the full profile.
Complete people profiles for ABLY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ABLY
3 dated milestones of ABLY across 6 years, from founding to its latest funding, stage changes and deals.
- Founded ABLY is founded.
- Funding First funding round of $5.9M.
- Funding Latest funding round, Series B, of $71.0M.
Competitors of ABLY
ABLY 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 Tmon, Musinsa, Brandi, Rapo Labs and 11st, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tmon.co.kr | 2010 | Seoul, South Korea | $523.51M | – | Multi-category products are retailed online by Tmon. | |
| musinsa.com | 2001 | Seoul, South Korea | $473.73M | – | Musinsa is recognized as a global fashion platform. | |
| brandi.co.kr | 2013 | Seoul, South Korea | $56.58M | – | Multi-category fashion products are offered through an online marketplace. | |
| rapportlabs.kr | 2020 | Seoul, South Korea | $26.05M | – | Online fashion application for women's clothing purchases is offered. | |
| 11st.co.kr | 2007 | Seoul, South Korea | – | – | Hosts a digital marketplace for various consumer goods categories. | |
| gmarket.co.kr | 2000 | Seoul, South Korea | – | – | Products in diverse categories are offered through an e-commerce platform. | |
| oliveyoung.co.kr | 1999 | Seoul, South Korea | – | – | Runs an online retail platform with products across various categories. | |
| 29cm.co.kr | 2011 | Seoul, South Korea | $2.64M | – | Fashion, beauty, and home products are retailed online by 29cm. | |
| idus.com | 2013 | Seoul, South Korea | $41.02M | – | Online retailer offering multi-category artisanal products | |
| guhada.com | 2019 | Seoul, South Korea | $10.14M | – | Multi-category luxury fashion products are offered via an online platform. |
Detailed competitors of ABLY
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ABLY
The website of ABLY (ably.team) receives about 20.5K visits a month.
- Monthly visits20.5K
▲ 55.6% vs previous month
Websites whose visitors overlap most with ABLY. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
innertrip.co.kr | innertrip.co.kr | 100% | – | #1,981,978 | โ |
| jobkorea.co.kr | 100% | 15.2M | #2,655 | View details | |
saramin.co.kr | saramin.co.kr | 97% | – | #1,823 | โ |
inthiswork.com | inthiswork.com | 95% | – | #174,913 | โ |
zighang.com | zighang.com | 95% | – | #201,602 | โ |
| โขโขโขโขโขโขโขโขโขโข | โขโขโขโขโขโข.com | โขโข% | โข.โขM | #โขโขโขโขโข | โ |
| โขโขโขโขโขโขโขโขโขโข | โขโขโขโขโขโข.com | โขโข% | โข.โขM | #โขโขโขโขโข | โ |
| โขโขโขโขโขโขโขโขโขโข | โขโขโขโขโขโข.com | โขโข% | โข.โขM | #โขโขโขโขโข | โ |
All 13 similar websites and full traffic analytics for ABLY
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to ABLY
10 companies that operate in the same segment as ABLY (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about ABLY
ABLY was founded in 2018 and raised its 1st funding round 1 year after it was founded.
ABLY is headquartered in Seoul, South Korea.
Seok-Hoon Kang is the current CEO of ABLY. They have also founded this company.
ABLY is a funded company, having raised a total of $76.9M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.9M, raised on Jun 2019.
Online shopping platform offering a wide range of fashion products. The product catalog includes shirts, shorts, pants, skirts, shoes, slippers, handbags, jewelry, eyewear, watches, and more.
ABLY's top competitors include Musinsa, Tmon and Gmarket(eBay Korea).
ABLY offers Style Commerce Platform and Chain Platform.
ABLY has 3 investors. Key investors include Alibaba.com, LB Investment, and Kolon Investments.
ABLY operates through ,.