About Bongdong
Bongdong is a company based in Seoul (South Korea) founded in 2016. It operates as a B2C. Bongdong has raised $10.53 million across 1 funding round from investors including Korea Investment Holdings, Aju IB Investment and ID Ventures. Bongdong operates in a competitive market with competitors including Delivery Hero, Woowa Bros, Baemin, Yogiyo and Foodfly, among others.
- Headquarter Seoul, South Korea
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10.53 M (USD)
in 1 rounds
-
Latest Funding Round
$10.53 M (USD), Series C
Jul 27, 2016
-
Investors
Korea Investment Holdings
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Bongdong
Bongdong has successfully raised a total of $10.53M through 1 strategic funding round. The most recent funding activity was a Series C round of $10.53 million completed in July 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 C — $10.5M
-
First Round
First Round
(27 Jul 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series C - Bongdong | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bongdong
Bongdong has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Korea Investment Holdings, Aju IB Investment and ID Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech and life sciences focused VC investment company funding companies in South Korea
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Sector-agnostic investments are pursued primarily in South Korea.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Bongdong
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Bongdong
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bongdong Comparisons
Competitors of Bongdong
Bongdong 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 Delivery Hero, Woowa Bros, Baemin, Yogiyo and Foodfly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food ordering and delivery services are facilitated online.
|
|
| domain | founded_year | HQ Location |
Food delivery platforms are developed and operated for on-demand services.
|
|
| domain | founded_year | HQ Location |
Food delivery is enabled via an online ordering platform.
|
|
| domain | founded_year | HQ Location |
Food orders and deliveries are enabled via an online platform.
|
|
| domain | founded_year | HQ Location |
Local food delivery
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Bongdong
Frequently Asked Questions about Bongdong
When was Bongdong founded?
Bongdong was founded in 2016.
Where is Bongdong located?
Bongdong is headquartered in Seoul, South Korea.
Is Bongdong a funded company?
Bongdong is a funded company, having raised a total of $10.53M across 1 funding round to date. The company's 1st funding round was a Series C of $10.53M, raised on Jul 27, 2016.
What does Bongdong do?
Bongdong, based in Seoul, focuses on consumer services, food and beverage, offering food delivery services, and online ordering. Operates an online platform for food ordering and delivery. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Bongdong?
Bongdong's top competitors include Delivery Hero, Woowa Bros and Yogiyo.
Who are Bongdong's investors?
Bongdong has 7 investors. Key investors include Korea Investment Holdings, Aju IB Investment, ID Ventures, IBK Capital, and Coolidge Corner Investment.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.