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
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Sectors
Consumer
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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
$21.39 M (USD)
in 1 rounds
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Latest Funding Round
$21.39 M (USD), Series A
Jan 26, 2025
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Investors
Goodwater Capital
& 4 more
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Employee Count
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $21.4M
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First Round
First Round
(26 Jan 2025)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Doeat | Valuation | Goodwater Capital |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital arm of SoftBank Group
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location |
Investments & Acquisitions by Doeat
Financial Statements - Doeat
Doeat Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food ordering and delivery services are facilitated online.
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| domain | founded_year | HQ Location |
Food delivery platforms are developed and operated for on-demand services.
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| domain | founded_year | HQ Location |
Food delivery is enabled via an online ordering platform.
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| domain | founded_year | HQ Location |
Food orders and deliveries are enabled via an online platform.
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| domain | founded_year | HQ Location |
Food delivery is enabled via an online ordering platform.
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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. The company's 1st funding round was a Series A of $21.39M, raised on Jan 26, 2025.
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.