Bunjang

Seoul, South Korea Founded: 2012 • Age: 14 yrs
App-based trading and checkout solutions are provided for e-commerce.

About Bunjang

Bunjang is a Retail company based in Seoul (South Korea) founded in 2012. It operates as an app-based trading and checkout solutions are provided for e-commerce. Bunjang has raised $112.95 million across 2 funding rounds from investors including Mirae Asset, Shinhan Financial Group and Atinum Investment. Its website bunjang.co.kr draws about 8.8 million monthly visits. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Footwear. Its competitors include StockX, Charan, Corner Market, TYN and VINDOK and 2 more; 2 of its 7 listed competitors have raised funding.

Company details

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.

  • Headquarters Seoul, South Korea
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website m.bunjang.co.kr
  • Social LinkedIn
Key Metrics
  • Total Equity Funding
    $112.95M (USD)

    in 2 rounds

  • Latest Funding Round
    $68.8M (USD), Series D

    Jan 2022

  • Investors

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 $112.95M
  • Total Rounds 2
  • Last Round Series D β€” $68.8M
  • First Round $44.15M

    (Mar 2020)

  • Investors Count 8

All 2 funding rounds of Bunjang with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022$68.8MSeries D–Atinum Investment, Signite Partners
–
Mar 2020$44.15MSeries C–BRV Capital Management, Mirae Asset Venture
–
Valuation history

8 investors in total: 8 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
VC firm investing in geographies such as South Korea
1988atinuminvest.co.krSeoul, South Korea
Startup ecosystems are ignited through strategic investments by Signite Partners.
–signitepartners.comSeoul, South Korea
Financial group
1982shinhangroup.comSeoul, South Korea
Praxis Capital is engaged in real estate investment opportunities.
–praxcap.comSanta Rosa, United States
Venture capital investment firm based out of South Korea
–venture.miraeasset.comSeoul, South Korea
Mirae Asset Financial Group is engaged in global investment and financial services.
1997miraeasset.comSeoul, South Korea
Manages diversified investment funds and portfolios for clients.
2014brvcap.comWan Chai, China
Provides comprehensive investment advisory services.
2000cjinvestment.netSeoul, South Korea
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Investor details for Bunjang

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Timeline of Bunjang

3 dated milestones of Bunjang across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bunjang is founded.
  2. Funding First funding round of $44.1M.
  3. Funding Latest funding round, Series D, of $68.8M.

Competitors of Bunjang

Bunjang has 7 listed competitors in our database, 2 of them funded. They include StockX, Charan, Corner Market, TYN and VINDOK, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
stockx.com2016Detroit, United States$495M948
Online marketplace offering multi-category second-hand products
charan.ai2022Seoul, South Korea$20.37M–
Online platform offering second-hand multi-category fashion products
cornermarket.co.kr2016Namyangju-si, South Korea––
App-based retailer reselling multi-category fashion products
thankyounext.co.kr2020Seoul, South Korea––
Operates an online marketplace for second-hand fashion products.
vindok.co.kr2018Busan, South Korea–1
Online store selling clothing, accessories, and outdoor gear items.
masterpiece6.com2021Seoul, South Korea––
Online reseller specializing in second-hand multi-category fashion products.
dottegi.com2012Seoul, South Korea––
Online retailer of ethical handcrafted goods like kitchenware and jewelry for fair trade.
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Detailed competitors of Bunjang

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Web traffic of Bunjang

The website of Bunjang (bunjang.co.kr) receives about 8.8M visits a month.

  • Monthly visits
    8.8M

    ▲ 4.2% vs previous month

Similar websites

Websites whose visitors overlap most with Bunjang. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
daangn.com
daangn.com
100%
–#4,977–
globalbunjang.com
94%
1.3M#38,548View details
hellomarket.com
87%
660.7K#85,781View details
lotteon.com
82%
–#1,362View details
coupang.com
81%
279.2M#108View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Bunjang

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  • 40 similar websites
  • Audience overlap
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Top companies in Fashion & Lifestyle E-Commerce

10 companies that operate in the same segment as Bunjang (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, Vilnius County, LithuaniaUSD 872.04 MUSD 2 M4,595
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M887
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
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Related news about Bunjang

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Frequently Asked Questions about Bunjang

Bunjang was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Bunjang is headquartered in Seoul, South Korea.

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 2020.

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.

Bunjang's top competitors include StockX, Charan and Corner Market.

Bunjang has 8 investors. Key investors include Mirae Asset, Shinhan Financial Group, Atinum Investment, Signite Partners, and Praxis Capital.

The website of Bunjang receives about 8.8 million visits a month.

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