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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- 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.
App for booking taxis and deliveries quickly.
Provides real-time route guidance and traffic updates.
People of Kakao Mobility
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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.
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.
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Private equity fund focused on buyouts
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Fund of funds focused on pre-seed and seed-stage companies
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Private equity investments are directed toward multiple sectors.
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Investor details for Kakao Mobility
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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.
Investment portfolio details for Kakao Mobility
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| 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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Distribution and integration tool for ride-hailing services
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Drivers and passengers are matched for intracity carpooling rides.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Kakao Mobility
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Financial Statements - Kakao Mobility
Detailed financials for Kakao Mobility
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Kakao Mobility Comparisons
Peer comparison for Kakao Mobility
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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.
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An online platform providing ride-hailing and food delivery services
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Transportation services are provided through app-booked vans with amenities.
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Ride-hailing services are facilitated via a mobile application platform.
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Provides an app-based platform for convenient ride-hailing services.
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App-based platform for taxi-sharing
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Detailed competitors of Kakao Mobility
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Latest news on Kakao Mobility
Complete news archive for Kakao Mobility
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Frequently Asked Questions about Kakao Mobility
Kakao Mobility was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Kakao Mobility is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Jung Joo Hwan is the current CEO of Kakao Mobility.
Kakao Mobility is a funded company, having raised a total of $989.5M across 7 funding rounds to date.
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.
Kakao Mobility offers Kakao T and Kakao Navigation.
Kakao Mobility has 9 investors. Key investors include Google, The Carlyle Group, GS Retail, TPG, and LG.
The valuation of Kakao Mobility is $4.2B as of Dec 2021.