About Iidus
Iidus is a company based in Seoul (South Korea) founded in 2013. Iidus has raised $41.02 million across 2 funding rounds from investors including Mirae Asset, Vanderbilt University and Altos Ventures Management. Iidus offers products and services including Idus App and Shopping Services. Iidus operates in a competitive market with competitors including Coupang, Tmon, OliveYoung, Gmarket(eBay Korea) and 11st, among others.
- Headquarter Seoul, South Korea
- Stage Minicorn
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Backpacker Co., Ltd.
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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
$41.02 M (USD)
in 2 rounds
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Latest Funding Round
$16.09 M (USD), Series C
Jan 10, 2023
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Investors
Mirae Asset
& 7 more
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Employee Count
Not available
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Products & Services of Iidus
Iidus offers a comprehensive portfolio of products and services, including Idus App and Shopping Services.
Mobile app for online shopping and community features.
Platform for product transactions and real-time reviews.
Funding Insights of Iidus
Iidus has successfully raised a total of $41.02M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $16.09 million completed in January 2023. 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 Iidus
Iidus has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, Vanderbilt University and Altos Ventures Management.
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Early-stage companies are funded by this venture capital firm.
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Private equity investments across Asia are managed by Axiom Asia.
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Early-stage tech and life sciences focused VC & PE firm
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Investor details for Iidus
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Investments & Acquisitions by Iidus
Investment portfolio details for Iidus
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Financial Statements - Iidus
Detailed financials for Iidus
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Iidus Comparisons
Peer comparison for Iidus
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Competitors of Iidus
Iidus 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 Coupang, Tmon, OliveYoung, Gmarket(eBay Korea) and 11st, among others.
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Multi-category consumer products are sold via an online marketplace.
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Multi-category products are retailed online by Tmon.
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Runs an online retail platform with products across various categories.
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Products in diverse categories are offered through an e-commerce platform.
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Hosts a digital marketplace for various consumer goods categories.
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Detailed competitors of Iidus
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Latest news on Iidus
Complete news archive for Iidus
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Frequently Asked Questions about Iidus
Iidus was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Iidus is headquartered in Seoul, South Korea.
Kim Dong Hwan is the current CEO of Iidus.
Iidus is a funded company, having raised a total of $41.02M across 2 funding rounds to date.
Iidus was established in 2013 in Seoul, South Korea, as an online retailer in the e-commerce sector. A platform is operated at idus.com, where handcrafted goods across various categories are made available to consumers. Items such as accessories, crafted leather products, ceramics, natural cosmetics, soaps, and handmade foods are featured, supporting artisans in the marketplace.
Iidus's top competitors include Coupang, Tmon and Gmarket(eBay Korea).
Iidus offers Idus App and Shopping Services.
Iidus has 8 investors. Key investors include Mirae Asset, Vanderbilt University, Altos Ventures Management, Axiom Asia, and Stonebridge Capital.
The valuation of Iidus is $240M as of Jan 2023.