About Bunjang
Bunjang is a company based in Seoul (South Korea) founded in 2012.. Bunjang has raised $112.95 million across 2 funding rounds from investors including Mirae Asset, Shinhan Financial Group and Atinum Investment. Bunjang operates in a competitive market with competitors including StockX, Charan, Corner Market, TYN and VINDOK, among others.
- Headquarter Seoul, South Korea
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$112.95 M (USD)
in 2 rounds
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Latest Funding Round
$68.8 M (USD), Series D
Jan 12, 2022
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Investors
Mirae Asset
& 7 more
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Employee Count
Employee Count
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Funding Insights of Bunjang
Bunjang has successfully raised a total of $112.95M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $68.8 million completed in January 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 2
- Last Round Series D — $68.8M
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First Round
First Round
(20 Mar 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - Bunjang | Valuation | Atinum Investment , Signite Partners |
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| Mar, 2020 | Amount | Series C - Bunjang | Valuation | BRV Capital Management , Mirae Asset Venture |
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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 Bunjang
Bunjang has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, Shinhan Financial Group 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Financial group
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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 Bunjang
| 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 - Bunjang
| 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 |
Bunjang Comparisons
Competitors of Bunjang
Bunjang 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 StockX, Charan, Corner Market, TYN and VINDOK, 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 |
Online marketplace offering multi-category second-hand products
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| domain | founded_year | HQ Location |
Online platform offering second-hand multi-category fashion products
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| domain | founded_year | HQ Location |
App-based retailer reselling multi-category fashion products
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| domain | founded_year | HQ Location |
Operates an online marketplace for second-hand fashion products.
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| domain | founded_year | HQ Location |
Online store selling clothing, accessories, and outdoor gear items.
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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 Bunjang
Frequently Asked Questions about Bunjang
When was Bunjang founded?
Bunjang was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is Bunjang located?
Bunjang is headquartered in Seoul, South Korea.
Is Bunjang a funded company?
Bunjang is a funded company, having raised a total of $112.95M across 2 funding rounds to date. The company's 1st funding round was a Series C of $44.15M, raised on Mar 20, 2020.
What does Bunjang do?
Bunjang was founded in 2012 in Seoul, South Korea, and operates within the e-commerce sector. A mobile open marketplace is facilitated by the company for person-to-person trading of goods. Checkout solutions are offered through an Android app, including support for payment methods like credit cards and virtual accounts. Personal details are encrypted during transactions to enhance security. Operations focus on enabling seamless mobile-based exchanges in the region.
Who are the top competitors of Bunjang?
Bunjang's top competitors include StockX, Charan and Corner Market.
Who are Bunjang's investors?
Bunjang has 8 investors. Key investors include Mirae Asset, Shinhan Financial Group, Atinum Investment, Signite Partners, and Praxis Capital.