Doeat

Seoul, South Korea Founded: 2022 • Age: 4 yrs
Food from local restaurants is delivered via an online platform.
Annual revenue - Latest available
Total funding $21.4M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Doeat

Doeat is a company based in Seoul (South Korea) founded in 2022 by Kirok Kwon and Ian Yunseok Lee. Doeat has raised $21.39 million across 1 funding round from investors including Goodwater Capital, SBVA and Base Ventures. Doeat operates in a competitive market with competitors including Delivery Hero, Woowa Bros, Baemin, Yogiyo and Shuttle Delivery, among others.

  • Headquarter Seoul, South Korea
  • Founders Kirok Kwon, Ian Yunseok Lee
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.39 M (USD)

    in 1 rounds

  • Latest Funding Round
    $21.39 M (USD), Series A

    Jan 26, 2025

  • Investors
  • Employee Count
    Not available
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Funding Insights of Doeat

Doeat has successfully raised a total of $21.39M through 1 strategic funding round. The most recent funding activity was a Series A round of $21.39 million completed in January 2025. 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.

Investors in Doeat

Doeat has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Goodwater Capital, SBVA and Base Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Investments in consumer tech sectors are managed by Goodwater Capital.
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Early-stage venture capital arm of SoftBank Group
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Venture capital firm investing in early-stage companies with a focus on modern consumer and enterprise sectors.
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Investor details for Doeat

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  • Investor domains
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Investments & Acquisitions by Doeat

Investments
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Investment portfolio details for Doeat

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  • Transaction dates
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Financial Statements - Doeat

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Detailed financials for Doeat

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  • Profit trends
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Doeat Comparisons

Doeat Primary company
Description
Food from local restaurants is delivered via an online platf...
Location
Seoul, South Korea
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Doeat

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Competitors of Doeat

Doeat 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 Shuttle Delivery, among others.

Company Name Domain Founded year HQ Location Description
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Food ordering and delivery services are facilitated online.
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Food delivery platforms are developed and operated for on-demand services.
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Food delivery is enabled via an online ordering platform.
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Food orders and deliveries are enabled via an online platform.
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Food delivery is enabled via an online ordering platform.
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Detailed competitors of Doeat

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Latest news on Doeat

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Complete news archive for Doeat

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Frequently Asked Questions about Doeat

Doeat was founded in 2022 and raised its 1st funding round 3 years after it was founded.

Doeat is headquartered in Seoul, South Korea.

Ian Yunseok Lee is the current CEO of Doeat. They have also founded this company.

Doeat is a funded company, having raised a total of $21.39M across 1 funding round to date.

Doeat was founded in 2022 in Seoul, South Korea, as a platform in the food delivery sector. Local restaurants are discovered by users through the service, and food orders are facilitated with a required minimum amount. Operations focus on connecting customers to nearby eateries for delivery, supporting efficient urban food access in the region.

Doeat's top competitors include Delivery Hero, Woowa Bros and Yogiyo.

Doeat has 5 investors. Key investors include Goodwater Capital, SBVA, Base Ventures, Hashed, and BDC Labs.

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