About Kurly
Kurly is a company based in Seoul (South Korea) founded in 2015.. Kurly has raised $631.45 million across 8 funding rounds from investors including CJ Logistics, DSC Investment and SK Networks. Kurly operates in a competitive market with competitors including Delivery Hero, HelloNature, JeongYookGak, Monomart and Supermenz, among others.
- Headquarter Seoul, South Korea
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$631.45 M (USD)
in 8 rounds
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Latest Funding Round
$91 M (USD), Series G
May 08, 2023
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Investors
CJ Logistics
& 15 more
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Employee Count
Employee Count
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Funding Insights of Kurly
Kurly has successfully raised a total of $631.45M across 8 strategic funding rounds. The most recent funding activity was a Series G round of $91 million completed in May 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 Total Funding
- Total Rounds 8
- Last Round Series G — $91.0M
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series G - Kurly | Valuation |
investors |
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| Jul, 2021 | Amount | Series F - Kurly | Valuation | Aspex Management , DST Global | |
| Apr, 2020 | Amount | Series E - Kurly | Valuation | Hillhouse , DST Global |
| 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 Kurly
Kurly has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include CJ Logistics, DSC Investment and SK Networks. 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 investments are directed toward Korean markets and companies.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Global private equity investments are managed with long-term focus.
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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 Kurly
| 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 - Kurly
| 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 |
Kurly Comparisons
Competitors of Kurly
Kurly 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 Delivery Hero, HelloNature, JeongYookGak, Monomart and Supermenz, 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 |
Food ordering and delivery services are facilitated online.
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| domain | founded_year | HQ Location |
Fresh organic farm produce is delivered to South Korean customers.
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| domain | founded_year | HQ Location |
Meat and dairy products are offered online by JeongYookGak.
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| domain | founded_year | HQ Location |
Food products and ingredients are supplied via an online platform.
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| domain | founded_year | HQ Location |
Grocery products are delivered hyperlocally through a mobile marketplace.
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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 Kurly
Frequently Asked Questions about Kurly
When was Kurly founded?
Kurly was founded in 2015.
Where is Kurly located?
Kurly is headquartered in Seoul, South Korea.
Is Kurly a funded company?
Kurly is a funded company, having raised a total of $631.45M across 8 funding rounds to date. The company's 1st funding round was a Series E of $163.39M, raised on Sep 03, 2015.
What does Kurly do?
Kurly was founded in 2015 in Seoul, South Korea, as an e-commerce platform focused on groceries. Operations center on a product catalog that includes fruits, vegetables, meat, bakery products, salads, snacks, beauty care items, household products, and kitchen utensils. Delivery services are provided to customers in the region, supporting daily essentials through digital ordering.
Who are the top competitors of Kurly?
Kurly's top competitors include Delivery Hero, HelloNature and JeongYookGak.
Who are Kurly's investors?
Kurly has 16 investors. Key investors include CJ Logistics, DSC Investment, SK Networks, LB Investment, and Anchor Equity Partners.
What is Kurly's valuation?
The valuation of Kurly is $780M as of Apr 2020.