About Hey Dealer
Hey Dealer is a company based in Seoul (South Korea) founded in 2014. Hey Dealer has raised $97.93 million across 5 funding rounds from investors including Atinum Investment, Korea Development Bank Europe and IMM Investment. Hey Dealer operates in a competitive market with competitors including Mr Pic, PRND, AJ Selfie, Jeonju Auto World and Honoka, among others.
- Headquarter Seoul, South Korea
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Pr&D Company
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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
$97.93 M (USD)
in 5 rounds
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Latest Funding Round
$33.55 M (USD), Series D
Feb 05, 2024
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Investors
Atinum Investment
& 2 more
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Employee Count
Not available
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Funding Insights of Hey Dealer
Hey Dealer has successfully raised a total of $97.93M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $33.55 million completed in February 2024. 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 Hey Dealer
Hey Dealer has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Atinum Investment, Korea Development Bank Europe and IMM Investment.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in geographies such as South Korea
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Operates as a commercial bank providing deposits, loans, and payment services to customers.
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IMM Investment is recognized as a leading multi-asset alternative investment firm in Asia.
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Investor details for Hey Dealer
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Investments & Acquisitions by Hey Dealer
Investment portfolio details for Hey Dealer
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Financial Statements - Hey Dealer
Detailed financials for Hey Dealer
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Hey Dealer Comparisons
Peer comparison for Hey Dealer
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Hey Dealer
Hey Dealer 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 Mr Pic, PRND, AJ Selfie, Jeonju Auto World and Honoka, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online services for car buyers & sellers
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Online C2B second-hand car mobile auction
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Online used car distributor
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Provides online used car buying, selling, and consultation services.
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Functions as an online platform for buying and selling used cars.
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Detailed competitors of Hey Dealer
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Hey Dealer
Complete news archive for Hey Dealer
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Frequently Asked Questions about Hey Dealer
Hey Dealer was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Hey Dealer is headquartered in Seoul, South Korea.
Park Jin-Woo is the current CEO of Hey Dealer.
Hey Dealer is a funded company, having raised a total of $97.93M across 5 funding rounds to date.
Hey Dealer was founded in 2014 in Seoul, South Korea, as a C2B platform in the automotive sector. Cars are sold through an auction system where sellers submit vehicle details, owner information, and expected price ranges. The service connects individual sellers with dealers. An app is provided for Android and iOS devices to facilitate these transactions.
Hey Dealer has 3 investors. Key investors include Atinum Investment, Korea Development Bank Europe, and IMM Investment.