About KREAM
KREAM is a company based in Seongnam-si (South Korea) founded in 2020. It operates as a Two-Sided Marketplace and Commission-Based. KREAM has raised $447.79 million across 4 funding rounds from investors including Naver, Mirae Asset and Samsung. KREAM has completed 3 acquisitions, including Blank Corporation, SASOM and nike-mania.co.kr. KREAM offers products and services including Limited Edition Trading Platform and Fashion and Luxury Items. KREAM operates in a competitive market with competitors including Pampam, Epic One and Koodon, among others.
- Headquarter Seongnam-si, South Korea
- Stage Minicorn
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Phone•••• ••••
- Website kream.co.kr
- Social LinkedIn X Facebook
- Legal Name Kream Corp.
- Annual Revenue$35.7 M (USD)1299as on Dec 31, 2022
- EBITDA-$204.81 M (USD)-197as on Dec 31, 2022
- Total Equity Funding$447.79M (USD)
in 4 rounds
- Latest Funding Round$38.5M (USD), Series C
Dec 2023
- InvestorsNaver
& 6 more
- Investments & AcquisitionsBlank Corporation
& 2 more
Products & Services of KREAM
KREAM offers a comprehensive portfolio of products and services, including Limited Edition Trading Platform and Fashion and Luxury Items.
A platform for trading limited edition products is provided.
Fashion and luxury items are sold through the platform.
Funding Insights of KREAM
KREAM has successfully raised a total of $447.79M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $38.5 million completed in December 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.
- Total Funding $447.79M
- Total Rounds 4
- Last Round Series C — $38.5M
- First Round $84.29M
(Oct 2021)
- Investors Count 7
All 4 funding rounds of KREAM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $38.5M | Series C | – | Altos Ventures Management | – |
| Mar 2023 | $168M | Series C | $742M | Altos Ventures Management | |
| Nov 2022 | $157M | Series C | – | Altos Ventures Management | |
| Oct 2021 | $84.29M | Series B | – | Altos Ventures Management |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $742M | •••••••• |
Last known valuation $742M (Mar 2023). 7 investors in total: 7 institutional.
Investors in KREAM
KREAM has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Naver, Mirae Asset and Samsung.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage companies are funded by this venture capital firm. | – | altos.vc | Menlo Park, United States | |
Private equity investments across Asia are managed by Axiom Asia. | – | axiomasia.com | Singapore, Singapore | |
Early-stage venture capital arm of SoftBank Group | – | sbvacorp.com | Seoul, South Korea | |
Mirae Asset Financial Group is engaged in global investment and financial services. | 1997 | miraeasset.com | Seoul, South Korea | |
Multi-category electronic products are manufactured globally by the company. | 1969 | samsung.com | Suwon-si, South Korea | |
Keyword-based searches are enabled for information, news, and services. | 1999 | naver.com | Seongnam-si, South Korea | |
Samsung Securities is engaged in providing financial and investment solutions. | 1982 | samsungsecurities.com | Seoul, South Korea |
Investor details for KREAM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
- Co-investor network
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People of KREAM
1 people are tracked at KREAM (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kim Chang-Wook | CEO | Leadership |
Complete people profiles for KREAM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
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Investments & Acquisitions by KREAM
KREAM has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Blank Corporation, SASOM and nike-mania.co.kr.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online retailer offering multi-category fashion products for men and women | sasom.co.th | Bangkok, Thailand | 2019 | Oct 2023 | •••• | |
E-commerce support services are provided to online businesses and platforms. | blankcorp.kr | Seoul, South Korea | 2016 | Sep 2022 | •••• | |
Online platform offering second hand sneakers | nike-mania.co.kr | South Korea | 2012 | Aug 2021 | $6.88M |
Complete acquisition details for KREAM
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- Deal sources
- Complete history
- Exports
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Timeline of KREAM
7 dated milestones of KREAM across 3 years, from founding to its latest funding, stage changes and deals.
- Founded KREAM is founded.
- Acquisition Acquires nike-mania.co.kr.
- Funding First funding round of $84.3M.
- Acquisition Acquires Blank Corporation.
- Milestone Reaches Minicorn status.
- Acquisition Acquires SASOM.
- Funding Latest funding round, Series C, of $38.5M.
Competitors of KREAM
KREAM 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 Pampam, Epic One and Koodon, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pampam.io | 2021 | Seoul, South Korea | – | – | App based listing platform for buying and selling used luxury fashion products | |
| epicone.co.kr | 2022 | Seoul, South Korea | – | – | Second-hand luxury fashion items are sold via an online marketplace. | |
| koodon.com | 2018 | Seoul, South Korea | – | – | Second-hand brand products are traded on a Korean online marketplace. |
Detailed competitors of KREAM
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of KREAM
The website of KREAM (kream.co.kr) receives about 5.4M visits a month and ranks #7,045 among all websites worldwide, #299 in Fashion and Apparel.
- Monthly visits5.4M
▲ 1.1% vs previous month
- Unique visitors2.1M
per month
- Global rank#7,045
among all websites
- Category rank#299
Lifestyle · Fashion and Apparel
- Bounce rate35%
- Pages per visit8.3
- Average visit4 min 15 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with KREAM. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| musinsa.com | 100% | 29.5M | #1,087 | View details | |
| fruitsfamily.com | 95% | 2.2M | #27,112 | View details | |
| trenbe.com | 89% | 1.6M | #31,748 | View details | |
shop.29cm.co.kr | shop.29cm.co.kr | 88% | – | #45,002 | – |
eomisae.co.kr | eomisae.co.kr | 88% | – | #10,953 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for KREAM
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Latest news on Kream
Complete news archive for KREAM
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to KREAM
10 companies that operate in the same segment as KREAM (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about KREAM
KREAM was founded in 2020 and raised its 1st funding round 1 year after it was founded.
KREAM is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Kim Chang-Wook is the current CEO of KREAM.
KREAM is a funded company, having raised a total of $447.79M across 4 funding rounds to date. The company's 1st funding round was a Series B of $84.29M, raised on Oct 2021.
Annual revenue of KREAM is $35.7M as on Dec 31, 2022.
A digital marketplace for limited edition products, including fashion, luxury items, and streetwear, is managed by KREAM. Transactions between buyers and sellers are facilitated, with a focus on sneakers, apparel, and accessories. Various sectors such as outdoor wear, beauty, and refurbished electronics are covered. Solutions for secure transactions and product verification are provided to ensure trust. Seasonal collections and exclusive drops are featured to attract a diverse customer base.
KREAM offers Limited Edition Trading Platform and Fashion and Luxury Items.
KREAM has made 3 acquisitions, including Blank Corporation, SASOM, and nike-mania.co.kr.
KREAM has 7 investors. Key investors include Naver, Mirae Asset, Samsung, Samsung Securities, and Altos Ventures Management.
The valuation of KREAM is $742M as of Mar 2023.
KREAM operates through Kream Corp..