About Macaront
Macaront is a company based in Seoul (South Korea) founded in 2018. It operates as a B2C. Macaront has raised $10.99 million across 3 funding rounds from investors including Kia, Hyundai Motor Company and NHN. Macaront operates in a competitive market with competitors including Uber, Kakao Mobility, I.M, Papa Mobility and Konatus, among others.
- Headquarter Seoul, South Korea
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.99 M (USD)
in 3 rounds
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Latest Funding Round
$2.44 M (USD), Series A
Mar 17, 2020
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Investors
Kia
& 4 more
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Employee Count
Employee Count
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Funding Insights of Macaront
Macaront has successfully raised a total of $10.99M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.44 million completed in March 2020. 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 3
- Last Round Series A — $2.4M
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First Round
First Round
(01 Jul 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - Macaront | Valuation | Aju IB Investment , Wonik Investment Partners |
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| Jan, 2020 | Amount | Series A - Macaront | Valuation | NHN |
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| Jul, 2019 | Amount | Series A - Macaront | Valuation | Hyundai Motor Company , Kia |
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| 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 Macaront
Macaront has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Kia, Hyundai Motor Company and NHN. 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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Diversified investment, VC & financial advisory firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Game development and online services are provided by NHN.
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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 Macaront
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Macaront
| 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 |
Macaront Comparisons
Competitors of Macaront
Macaront 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 Uber, Kakao Mobility, I.M, Papa Mobility and Konatus, 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 |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
Integrated transportation services are delivered through a mobile app.
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| domain | founded_year | HQ Location |
Transportation services are provided through app-booked vans with amenities.
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via a mobile application platform.
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| domain | founded_year | HQ Location |
App-based platform for taxi-sharing
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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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Frequently Asked Questions about Macaront
When was Macaront founded?
Macaront was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Macaront located?
Macaront is headquartered in Seoul, South Korea.
Is Macaront a funded company?
Macaront is a funded company, having raised a total of $10.99M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.23M, raised on Jul 01, 2019.
What does Macaront do?
Macaront, founded in 2018 in Seoul, South Korea, focuses on providing transportation services, ride-hailing, app-based services, and offering mobility solutions. Provides an app-based platform for convenient ride-hailing services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Macaront?
Macaront's top competitors include Uber, Kakao Mobility and I.M.
Who are Macaront's investors?
Macaront has 5 investors. Key investors include Kia, Hyundai Motor Company, NHN, Aju IB Investment, and Wonik Investment Partners.