About Kakao Mobility
Kakao Mobility is a company based in Seongnam-si (South Korea) founded in 2015 by Kim Beom-soo.. Kakao Mobility has raised $989.5 million across 7 funding rounds from investors including Google, The Carlyle Group and GS Retail. Kakao Mobility has completed 3 acquisitions, including Luxicar, My Valet and Splyt. Kakao Mobility offers products and services including Kakao T and Kakao Navigation. Kakao Mobility operates in a competitive market with competitors including Uber, I.M, Papa Mobility, Macaront and Konatus, among others.
- Headquarter Seongnam-si, South Korea
- Founders Kim Beom-soo
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Kakao Mobility Co., Ltd.
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Products & Services of Kakao Mobility
Kakao Mobility offers a comprehensive portfolio of products and services, including Kakao T and Kakao Navigation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for booking taxis and deliveries quickly.
Provides real-time route guidance and traffic updates.
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Funding Insights of Kakao Mobility
Kakao Mobility has successfully raised a total of $989.5M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(21 Feb 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Private Equity Round - Kakao Mobility | Valuation |
investors |
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| Dec, 2021 | Amount | Series C - Kakao Mobility | Valuation | GS Retail , GS Caltex | |
| Jul, 2021 | Amount | Series C - Kakao Mobility | Valuation | LG |
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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 Kakao Mobility
Kakao Mobility has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, The Carlyle Group and GS Retail. 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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Private equity fund focused on buyouts
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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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 Kakao Mobility
Kakao Mobility has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Luxicar, My Valet and Splyt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Valet and parking management are facilitated by an app-based platform.
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2015 | ||||
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Distribution and integration tool for ride-hailing services
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2015 | ||||
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Drivers and passengers are matched for intracity carpooling rides.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kakao Mobility
| 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 |
Kakao Mobility Comparisons
Competitors of Kakao Mobility
Kakao Mobility 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 Uber, I.M, Papa Mobility, Macaront and Konatus, 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 |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
Transportation services are provided through app-booked vans with amenities.
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via a mobile application platform.
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| domain | founded_year | HQ Location |
Provides an app-based platform for convenient ride-hailing services.
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| domain | founded_year | HQ Location |
App-based platform for taxi-sharing
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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 Kakao Mobility
Frequently Asked Questions about Kakao Mobility
When was Kakao Mobility founded?
Kakao Mobility was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Kakao Mobility located?
Kakao Mobility is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Who is the current CEO of Kakao Mobility?
Jung Joo Hwan is the current CEO of Kakao Mobility.
Is Kakao Mobility a funded company?
Kakao Mobility is a funded company, having raised a total of $989.5M across 7 funding rounds to date. The company's 1st funding round was a Series C of $84.9M, raised on Feb 21, 2018.
What does Kakao Mobility do?
Kakao Mobility was founded in 2015 and is headquartered in Seongnam-si, South Korea. Operations focus on the mobility sector, where app-based services including taxi-hailing, carpooling, on-demand drivers, parking search and booking, traffic information, and navigation are provided. In-app payments support these features, with route searches based on real-time data. The platform is accessible on Android and iOS devices.
Who are the top competitors of Kakao Mobility?
What products or services does Kakao Mobility offer?
Kakao Mobility offers Kakao T and Kakao Navigation.
How many acquisitions has Kakao Mobility made?
Who are Kakao Mobility's investors?
Kakao Mobility has 9 investors. Key investors include Google, The Carlyle Group, GS Retail, TPG, and LG.
What is Kakao Mobility's valuation?
The valuation of Kakao Mobility is $4.2B as of Dec 2021.