About Funda
Funda is a company based in Seoul (South Korea) founded in 2015. Funda has raised $5.69 million across 2 funding rounds from investors including Industrial Bank of Korea, POSCO Capital and SJ Investment Partners. Funda operates in a competitive market with competitors including C-SoU Funding, among others.
- Headquarter Seoul, South Korea
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.69 M (USD)
in 2 rounds
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Latest Funding Round
$5.69 M (USD), Series B
Jan 17, 2020
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Investors
Industrial Bank of Korea
& 4 more
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Employee Count
Not available
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Funding Insights of Funda
Funda has successfully raised a total of $5.69M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5.69 million completed in January 2020. 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 Funda
Funda has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Industrial Bank of Korea, POSCO Capital and SJ Investment Partners.
| Investor | Description | Founded Year | Domain | Location |
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Sector-agnostic investments are pursued primarily in South Korea.
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Venture capital and private equity investment firm
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Investor details for Funda
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Investments & Acquisitions by Funda
Investment portfolio details for Funda
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Financial Statements - Funda
Detailed financials for Funda
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Funda Comparisons
Peer comparison for Funda
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Competitors of Funda
Funda 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 C-SoU Funding, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
P2P platform for investments in loans and funding products.
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Detailed competitors of Funda
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Latest news on Funda
Complete news archive for Funda
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Frequently Asked Questions about Funda
Funda was founded in 2015.
Funda is headquartered in Seoul, South Korea.
Funda is a funded company, having raised a total of $5.69M across 2 funding rounds to date.
Funda was founded in 2015 in Seoul, South Korea, as a peer-to-peer lending platform focused on the retail sector. Loans from individual investors are directed to small shops and retail stores, which often face high interest rates from traditional banks and collateral requirements. A device attachable to cash registers is utilized to monitor sales trends and seasonal variations for risk assessment. Operations are confined to local Korean businesses.
Funda's top competitors include C-SoU Funding.
Funda has 5 investors. Key investors include Industrial Bank of Korea, POSCO Capital, SJ Investment Partners, UTC Investment, and Hyundai Venture Investment.