About Fast Five
Fast Five is a company based in Seoul (South Korea) founded in 2015 by Daeil Kim.. Fast Five has raised $56.25 million across 3 funding rounds from investors including Korean Development Bank, Korea Investment Holdings and Atinum Investment. Fast Five operates in a competitive market with competitors including WeWork, JustCo, cociety, Hive Arena and Linkspace, among others.
- Headquarter Seoul, South Korea
- Founders Daeil Kim
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fast Five Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.25 M (USD)
in 3 rounds
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Latest Funding Round
$27 M (USD), Series B
Jun 11, 2021
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Investors
Korean Development Bank
& 10 more
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Employee Count
Employee Count
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Funding Insights of Fast Five
Fast Five has successfully raised a total of $56.25M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $27 million completed in June 2021. 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 3
- Last Round Series B — $27.0M
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First Round
First Round
(21 Apr 2017)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Fast Five | Valuation | TS Investment , CLPartners | |
| Feb, 2018 | Amount | Series A - Fast Five | Valuation | Atinum Investment , Time Polio Asset Management |
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| Apr, 2017 | Amount | Series A - Fast Five | Valuation | T S Investment , ID Ventures |
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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 Fast Five
Fast Five has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Korean Development Bank, Korea Investment Holdings 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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Venture capital is directed toward software, fintech, and commerce sectors.
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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 Fast Five
| 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 - Fast Five
| 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 |
Fast Five Comparisons
Competitors of Fast Five
Fast Five 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 WeWork, JustCo, cociety, Hive Arena and Linkspace, 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 |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for freelancers and companies.
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| domain | founded_year | HQ Location |
Provider of managed co-working spaces
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| domain | founded_year | HQ Location |
Provides managed co-working spaces for professionals and businesses.
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| domain | founded_year | HQ Location |
Offers managed co-working spaces for professionals and businesses.
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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 Fast Five
Frequently Asked Questions about Fast Five
When was Fast Five founded?
Fast Five was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Fast Five located?
Fast Five is headquartered in Seoul, South Korea.
Who is the current CEO of Fast Five?
Daeil Kim is the current CEO of Fast Five. They have also founded this company.
Is Fast Five a funded company?
Fast Five is a funded company, having raised a total of $56.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.52M, raised on Apr 21, 2017.
What does Fast Five do?
Founded in 2015 and based in Seoul, South Korea, Fast Five operates in the co-working sector by offering managed office spaces. Bookings are facilitated for hot desks, dedicated desks, private offices, and meeting rooms targeted at individuals, startups, and small to medium enterprises. Amenities such as an in-house cafeteria, community lounge, WiFi, and fitness centers are included in the facilities.
Who are the top competitors of Fast Five?
Who are Fast Five's investors?
Fast Five has 11 investors. Key investors include Korean Development Bank, Korea Investment Holdings, Atinum Investment, TS Investment, and CLPartners.
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