About Brandi
Brandi is a company based in Seoul (South Korea) founded in 2013 by Seo Jeong min.. Brandi has raised $56.58 million across 4 funding rounds from investors including Korean Development Bank, DSC Investment and Atinum Investment. Brandi operates in a competitive market with competitors including Musinsa, Rapo Labs, Gooha, Lookpin and Trenbe, among others.
- Headquarter Seoul, South Korea
- Founders Seo Jeong min
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Brandy Co., Ltd.
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Annual Revenue
$92.55 M (USD)-14as on Dec 31, 2022
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Net Profit
$46.73 M (USD)1as on Dec 31, 2022
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EBITDA
$46.73 M (USD)1as on Dec 31, 2022
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Total Equity Funding
$56.58 M (USD)
in 4 rounds
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Latest Funding Round
$51 M (USD), Series C
Jul 20, 2022
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Investors
Korean Development Bank
& 5 more
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Employee Count
Employee Count
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Funding Insights of Brandi
Brandi has successfully raised a total of $56.58M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $51 million completed in July 2022. 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 4
- Last Round Series C — $51.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series C - Brandi | Valuation | Korean Development Bank | |
| Jul, 2017 | Amount | Series B - Brandi | Valuation |
investors |
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| Dec, 2016 | Amount | Series A - Brandi | Valuation | Big Basin Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Brandi
Brandi has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Korean Development Bank, DSC Investment and Atinum Investment. 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 |
|---|---|---|---|---|
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VC firm investing in geographies such as South Korea
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Founded Year | Domain | Location | |
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Early-stage VC firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Brandi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Brandi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brandi Comparisons
Competitors of Brandi
Brandi 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 Musinsa, Rapo Labs, Gooha, Lookpin and Trenbe, 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 |
Musinsa is recognized as a global fashion platform.
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| domain | founded_year | HQ Location |
Online fashion application for women's clothing purchases is offered.
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| domain | founded_year | HQ Location |
Multi-category luxury fashion products are offered via an online platform.
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| domain | founded_year | HQ Location |
An e-commerce store specializing in fashion products for men and women.
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| domain | founded_year | HQ Location |
Multi-branded fashion items are retailed online for various demographics.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Brandi
Frequently Asked Questions about Brandi
When was Brandi founded?
Brandi was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Brandi located?
Brandi is headquartered in Seoul, South Korea.
Is Brandi a funded company?
Brandi is a funded company, having raised a total of $56.58M across 4 funding rounds to date.
What is the annual revenue of Brandi?
Annual revenue of Brandi is $92.55M as on Dec 31, 2022.
What does Brandi do?
Brandi was established in 2013 in Seoul, South Korea, as an online marketplace focused on fashion products. Clothes are sourced from blogger markets and influencers managing virtual shopping malls. The catalog encompasses tops, skirts, pants, dresses, shoes, and accessories, featuring brands like Theyoons, Laurenhi, Daily Monday, Sappun, and Kong Style Love. Free shipping is provided without a minimum purchase requirement.
Who are the top competitors of Brandi?
Who are Brandi's investors?
Brandi has 6 investors. Key investors include Korean Development Bank, DSC Investment, Atinum Investment, Translink Investment, and Noh & Partners.