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
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $5.7M
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First Round
First Round
(23 Jul 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series B - Funda | Valuation | Hyundai Venture Investment | |
| Jul, 2015 | Amount | Grant - Funda | Valuation |
investors |
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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 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. 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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Sector-agnostic investments are pursued primarily in South Korea.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital and private equity investment firm
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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 Funda
| 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 - Funda
| 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 |
Funda Comparisons
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. 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 |
P2P platform for investments in loans and funding products.
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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 Funda
Frequently Asked Questions about Funda
When was Funda founded?
Funda was founded in 2015.
Where is Funda located?
Funda is headquartered in Seoul, South Korea.
Is Funda a funded company?
Funda is a funded company, having raised a total of $5.69M across 2 funding rounds to date. The company's 1st funding round was a Grant of $1.25K, raised on Jul 23, 2015.
What does Funda do?
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.
Who are the top competitors of Funda?
Funda's top competitors include C-SoU Funding.
Who are Funda's investors?
Funda has 5 investors. Key investors include Industrial Bank of Korea, POSCO Capital, SJ Investment Partners, UTC Investment, and Hyundai Venture Investment.