About Lilycover
Lilycover is a company based in Daegu (South Korea) founded in 2019.. Lilycover has raised $4 million across 1 funding round from investors including Industrial Bank of Korea, POSCO Capital and TBT Partners. Lilycover offers products and services including Customized Ampoule, Customized Shampoo, Customized Essence, and Customized Toner. Lilycover operates in a competitive market with competitors including Foxtale, TULA, Alastin Skincare, PROVEN and True Botanicals, among others.
- Headquarter Daegu, South Korea
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
- Legal Name 주식회사 릴리커버
- Jurisdiction Na, Maharashtra, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4 M (USD)
in 1 rounds
-
Latest Funding Round
$4 M (USD), Series A
Sep 30, 2021
-
Investors
Industrial Bank of Korea
& 3 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Lilycover
Lilycover offers a comprehensive portfolio of products and services, including Customized Ampoule, Customized Shampoo, Customized Essence, and Customized Toner. 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.
High-concentration serum tailored via skin analysis for personalized care.
Tailored shampoo based on scalp analysis for targeted hair solutions.
Personalized essence for enhanced skin hydration and treatment.
Formulated toner matching individual skin types for daily use.
Funding Insights of Lilycover
Lilycover has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in September 2021. 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 1
- Last Round Series A — $4.0M
-
First Round
First Round
(30 Sep 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Lilycover | Valuation | POSCO Capital , TBT |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lilycover
Lilycover has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Industrial Bank of Korea, POSCO Capital and TBT Partners. 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 |
|---|---|---|---|---|
|
Sector-agnostic investments are pursued primarily in South Korea.
|
Founded Year | Domain | Location | |
|
TBT Partners is engaged in venture capital investments for startups.
|
Founded Year | Domain | Location | |
|
Innovative startups are supported through incubation and angel investment.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Lilycover
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Lilycover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lilycover Comparisons
Competitors of Lilycover
Lilycover 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 Foxtale, TULA, Alastin Skincare, PROVEN and True Botanicals, 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 |
Online brand of skincare, face, lip, body care, and perfume products
|
|
| domain | founded_year | HQ Location |
Private label skincare products for women are offered by TULA.
|
|
| domain | founded_year | HQ Location |
Brand of skin care products
|
|
| domain | founded_year | HQ Location |
Customized skin care products are provided via an online platform.
|
|
| domain | founded_year | HQ Location |
Natural luxury skincare products are offered by an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Internet-first brand offering skincare and body care products
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Lilycover
When was Lilycover founded?
Lilycover was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Lilycover located?
Lilycover is headquartered in Daegu, South Korea.
Who is the current CEO of Lilycover?
Ahn Seon Hee is the current CEO of Lilycover.
Is Lilycover a funded company?
Lilycover is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Sep 30, 2021.
What does Lilycover do?
Lilycover, established in 2019, excels in producing consumer products, beauty personal care products, skin care, multi-category, and internet first brand. Internet first brand of skin care products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Lilycover?
Lilycover's top competitors include Foxtale, World of Asaya and PROVEN.
What products or services does Lilycover offer?
Lilycover offers Customized Ampoule, Customized Shampoo, Customized Essence, and Customized Toner.
Who are Lilycover's investors?
Lilycover has 4 investors. Key investors include Industrial Bank of Korea, POSCO Capital, TBT Partners, and KITE Entrepreneurship Foundation.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.