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
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Sectors
Retail
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Kream Corp.
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Annual Revenue
$35.7 M (USD)1299as on Dec 31, 2022
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Net Profit
Not available
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EBITDA
-$204.81 M (USD)-197as on Dec 31, 2022
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Total Equity Funding
$447.79 M (USD)
in 4 rounds
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Latest Funding Round
$38.5 M (USD), Series C
Dec 22, 2023
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Investors
Naver
& 6 more
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Employee Count
Not available
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Investments & Acquisitions
Blank Corporation
& 2 more
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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.
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 |
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Early-stage companies are funded by this venture capital firm.
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Locked | Locked | Locked | |
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Private equity investments across Asia are managed by Axiom Asia.
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Locked | Locked | Locked | |
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Early-stage venture capital arm of SoftBank Group
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Locked | Locked | Locked |
Investor details for KREAM
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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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.
Investment portfolio details for KREAM
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online retailer offering multi-category fashion products for men and women
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Locked | Locked | 2019 | Locked | |
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E-commerce support services are provided to online businesses and platforms.
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Locked | Locked | 2016 | Locked | |
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Online platform offering second hand sneakers
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Locked | Locked | 2012 | Locked |
Complete acquisition details for KREAM
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - KREAM
Detailed financials for KREAM
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- Profit trends
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Kream Comparisons
Peer comparison for KREAM
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- Headcount comparison
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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 year | HQ Location | Description |
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| Locked | Locked | Locked |
App based listing platform for buying and selling used luxury fashion products
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| Locked | Locked | Locked |
Second-hand luxury fashion items are sold via an online marketplace.
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| Locked | Locked | Locked |
Second-hand brand products are traded on a Korean online marketplace.
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Detailed competitors of KREAM
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Kream
Complete news archive for KREAM
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- Full article archive
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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.
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.