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
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Sectors
Consumer
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Phone
*********
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Website
*********
- Legal Name 주식회사 릴리커버
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Sep 30, 2021
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Investors
Industrial Bank of Korea
& 3 more
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Employee Count
Employee Count
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Products & Services of Lilycover
Lilycover offers a comprehensive portfolio of products and services, including Customized Ampoule, Customized Shampoo, Customized Essence, and Customized Toner.
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
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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 |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Sector-agnostic investments are pursued primarily in South Korea.
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Founded Year | Domain | Location | |
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TBT Partners is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Innovative startups are supported through incubation and angel investment.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lilycover
Financial Statements - Lilycover
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online brand of skincare, face, lip, body care, and perfume products
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| domain | founded_year | HQ Location |
Private label skincare products for women are offered by TULA.
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| domain | founded_year | HQ Location |
Brand of skin care products
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| domain | founded_year | HQ Location |
Customized skin care products are provided via an online platform.
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| domain | founded_year | HQ Location |
Natural luxury skincare products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Internet-first brand offering skincare and body care products
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Latest news on Lilycover
Frequently Asked Questions about Lilycover
Lilycover was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Lilycover is headquartered in Daegu, South Korea.
Ahn Seon Hee is the current CEO of Lilycover.
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.
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.
Lilycover's top competitors include Foxtale, World of Asaya and PROVEN.
Lilycover offers Customized Ampoule, Customized Shampoo, Customized Essence, and Customized Toner.
Lilycover has 4 investors. Key investors include Industrial Bank of Korea, POSCO Capital, TBT Partners, and KITE Entrepreneurship Foundation.