About Althea
Althea is a company based in Seoul (South Korea) founded in 2015. Althea has raised $10.5 million across 4 funding rounds from investors including Korean Development Bank, InnoVen Capital and FirstFloor Capital. Althea operates in a competitive market with competitors including StyleKorean, Gwenchanda, AvenueSeoul, Meamo and Lady K House, among others.
- Headquarter Seoul, South Korea
- SectorsHealthcare
- Email••••••••
- Website us.althea.kr
- Social LinkedIn X Facebook
- Total Equity Funding$10.5M (USD)
in 4 rounds
- Latest Funding Round$7M (USD), Series B
Oct 2017
- InvestorsKorean Development Bank
& 9 more
Funding Insights of Althea
Althea has successfully raised a total of $10.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in October 2017. 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 $10.5M
- Total Rounds 4
- Last Round Series B — $7M
- Investors Count 10
All 4 funding rounds of Althea 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 |
|---|---|---|---|---|---|
| Oct 2017 | $7M | Series B | – | FirstFloor Capital, Korean Development Bank | |
| May 2016 | $3.5M | Series A | – | Tekton Ventures, Cherubic Ventures | |
| Oct 2015 | – | Seed | – | 500 Startups | – |
| May 2015 | – | Seed | – | BonAngels Venture Partners | – |
10 investors in total: 10 institutional.
Investors in Althea
Althea has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, InnoVen Capital and FirstFloor Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in early & growth stage companies in Asia & the US | – | firstfloorcapital.com | Petaling Jaya, Malaysia | |
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
VC firm investing in seed and early stage companies in the US, UK, Israel, and parts of Asia | – | tektonventures.com | San Francisco, United States | |
Venture capital investments are provided by BA Partners. | – | bapvc.com | Seoul, South Korea | |
Seed-stage technology startups are invested in by Cherubic Ventures. | – | cherubic.com | Daan, Taiwan | |
- | – | poscoventure.co.kr | - | |
Early-stage tech startups are invested in and accelerated globally. | – | 500startups.co.kr | Seoul, South Korea | |
Venture capital investment firm based out of South Korea | – | venture.miraeasset.com | Seoul, South Korea | |
Investments are made by BonAngels in early-stage Asian tech companies. | – | bonangels.net | Seoul, South Korea | |
Development financing and commercial banking are provided in South Korea. | 1954 | kdb.co.kr | Seoul, South Korea |
Investor details for Althea
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
Verified entity values are shown only after access is granted.
Timeline of Althea
3 dated milestones of Althea across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Althea is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $7.0M.
Competitors of Althea
Althea 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 StyleKorean, Gwenchanda, AvenueSeoul, Meamo and Lady K House, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stylekorean.com | 2012 | Seongnam-si, South Korea | – | – | Skin care products are retailed online by StyleKorean. | |
| gwenchanda.com | 2024 | Seongnam-si, South Korea | – | – | Online retailer offering Korean skincare, makeup, hair, and body care products globally. | |
| avenueseoul.com | 2023 | Seoul, South Korea | – | – | Offers online retail of Korean cosmetics, skincare, and beauty accessories for consumers. | |
| meamoshop.com | 2023 | Seoul, South Korea | – | – | Online platform for Korean Botox, dermal fillers, and skincare products worldwide. | |
| ladykhouse.com | 2022 | Seoul, South Korea | – | – | Online retailer offering Korean skincare, makeup, and health items to consumers. | |
| yaocos.com | 2016 | Yongin, South Korea | – | – | E-commerce site for Korean skincare, makeup, and beauty items globally. | |
| beautykoreamall.com | 2015 | Busan, South Korea | – | – | Online platform for purchasing Korean cosmetics, beauty items, and skincare products. | |
| snpbeauty.com | 2020 | Seoul, South Korea | – | – | Manages an e-commerce store offering a variety of multi-category consumer products. |
Detailed competitors of Althea
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 Althea
The website of Althea (althea.kr) receives about 15.3K visits a month.
- Monthly visits15.3K
▼ 7.3% vs previous month
Websites whose visitors overlap most with Althea. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kbeautycafe.com.ph | 100% | – | – | View details | |
sephora.ph | sephora.ph | 98% | – | #409,840 | – |
| mykstyle.co.uk | 95% | 9.1K | #2,761,722 | View details | |
| ogee.com | 89% | 591K | #79,994 | View details | |
paulaschoice.sg | paulaschoice.sg | 89% | – | #702,271 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Althea
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Althea
Complete news archive for Althea
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Althea
10 companies that operate in the same segment as Althea (Beauty & Skin Care Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cosmetics, skincare, haircare, and wellness products are retailed online. | 2012 | Mumbai, Maharashtra, India | USD 103.18 M | USD 1.07 B | 10,990 | |
Beauty and cosmetic products are retailed through an online platform. | 2011 | Mumbai, Maharashtra, India | USD 559.95 M | – | – | |
Subscription-based men's grooming products are provided by Harry's. | 2012 | New York, New York, United States | USD 755.88 M | – | 431 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | – | – | |
Hair coloring kits are provided via an internet-first brand. | 2013 | San Francisco, California, United States | USD 248.9 M | – | 247 | |
It offers a platform to schedule & manages appointments for beauty services | 2012 | San Francisco, California, United States | USD 168.82 M | – | – | |
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M | – | – | |
Platform offering multi-category natural beauty care products | 2019 | Mumbai, Maharashtra, India | USD 46.98 M | USD 9.25 M | 94 | |
Online brand offering multi-category natural skin care and makeup products | 2016 | Gurugram, Haryana, India | USD 141.36 M | USD 182.2 M | 864 | |
Multi-category organic grooming products for men are offered online. | 2015 | Gurugram, Haryana, India | USD 10.98 M | USD 13.91 M | 264 |
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Frequently Asked Questions about Althea
Althea was founded in 2015.
Althea is headquartered in Seoul, South Korea.
Althea is a funded company, having raised a total of $10.5M across 4 funding rounds to date.
Althea was founded in 2015 and is headquartered in Seoul, South Korea. The company operates as an online retailer in the beauty sector, focusing on Korean products such as skincare, cosmetics, makeup, and hair care items. Discounts are provided on brands including BBIA, Easy Powder, and Klug. A direct distribution channel is utilized to link K-beauty suppliers with consumers in Southeast Asia.
Althea's top competitors include StyleKorean, Gwenchanda and AvenueSeoul.
Althea has 10 investors. Key investors include Korean Development Bank, InnoVen Capital, FirstFloor Capital, Tekton Ventures, and BA Partners.