About K Auction
K Auction is a company based in Seoul (South Korea) founded in 2005.. K Auction has raised $25.6 million across 1 funding round from investors including IMM Korea. The company has 101 employees as of December 31, 2024. K Auction operates in a competitive market with competitors including SOTWO and Art & Guide, among others.
- Headquarter Seoul, South Korea
- Employees 101 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name K Auction Inc.
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Annual Revenue
$8.5 M (USD)-36.85as on Dec 31, 2025
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Net Profit
$-4.3 M (USD)-4.8as on Dec 31, 2025
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EBITDA
$-1.99 M (USD)-9.95as on Dec 31, 2024
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Total Equity Funding
$25.6 M (USD)
in 1 rounds
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Latest Funding Round
$25.6 M (USD), Series A
Dec 05, 2016
- Investors
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Employee Count
101
as on Dec 31, 2024
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IPO & Listings of K Auction
K Auction is a publicly listed company on the KRX with ticker symbol 102370 in South Korea, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of K Auction
K Auction has successfully raised a total of $25.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $25.6 million completed in December 2016. 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 1
- Last Round Series A — $25.6M
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First Round
First Round
(05 Dec 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series A - K Auction | Valuation |
investors |
| 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 K Auction
K Auction has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IMM Korea. 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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Growth stage companies are targeted for private equity investments.
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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 K Auction
| 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 - K Auction
| 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 |
K Auction Comparisons
Competitors of K Auction
K Auction 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 SOTWO and Art & Guide, 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 |
Multi-category art is auctioned on an online marketplace platform.
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| domain | founded_year | HQ Location |
Online platform for joint art purchases
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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 K Auction
Frequently Asked Questions about K Auction
When was K Auction founded?
K Auction was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Where is K Auction located?
K Auction is headquartered in Seoul, South Korea.
Is K Auction a funded company?
K Auction is a funded company, having raised a total of $25.6M across 1 funding round to date. The company's 1st funding round was a Series A of $25.6M, raised on Dec 05, 2016.
How many employees does K Auction have?
As of Dec 31, 2024, the latest employee count at K Auction is 101.
What is the annual revenue of K Auction?
Annual revenue of K Auction is $8.5M as on Dec 31, 2025.
What does K Auction do?
K Auction was established in 2005 in Seoul, South Korea, as an online auction platform focused on the art sector. Auctions are conducted for Korean art, traditional pieces, international works, jewelry, and musical instruments. Operations are managed digitally, enabling global participation in bidding processes. The platform serves collectors and buyers interested in diverse cultural and artistic items.
Who are the top competitors of K Auction?
K Auction's top competitors include SOTWO and Art & Guide.
Is K Auction publicly traded?
Yes, K Auction is publicly traded on KRX under the ticker symbol 102370.
Who are K Auction's investors?
K Auction has 1 investor. Key investors include IMM Korea.
What is K Auction's ticker symbol?
The ticker symbol of K Auction is 102370 on KRX.