About Macaront
Macaront was a Transportation, Automotive & Logistics company based in Seoul (South Korea) founded in 2018. It provides an app-based platform for convenient ride-hailing services. It operates on a B2C model. Macaront has raised $10.99 million across 3 funding rounds from investors including Kia, Hyundai Motor Company and NHN. The company is recorded as dissolved. Its focus areas include Transportation, Ride-Hailing, App-Based Services and Mobility Solutions. Its competitors include Kakao Mobility, I.M and Papa Mobility; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Seoul, South Korea
- SectorsTransportation, Automotive & Logistics
- Website macaront.com
- Total Equity Funding$10.99M (USD)
in 3 rounds
- Latest Funding Round$2.44M (USD), Series A
Mar 2020
- InvestorsKia
& 4 more
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 $10.99M
- Total Rounds 3
- Last Round Series A — $2.44M
- First Round $4.23M
(Jul 2019)
- Investors Count 5
All 3 funding rounds of Macaront with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $2.44M | Series A | – | Aju IB Investment, Wonik Investment Partners | – |
| Jan 2020 | $4.32M | Series A | – | NHN | – |
| Jul 2019 | $4.23M | Series A | – | Hyundai Motor Company, Kia | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment, VC & financial advisory firm | 1974 | ajuib.co.kr | Seoul, South Korea | |
| wiipco.com | ||||
Game development and online services are provided by NHN. | 1998 | nhn.com | Seongnam-si, South Korea | |
Passenger vehicles including sedans, SUVs, and electric models are manufactured. | 1967 | hyundai.com | Seoul, South Korea | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | kia.com | Irvine, United States |
Investor details for Macaront
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Timeline of Macaront
3 dated milestones of Macaront across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Macaront is founded.
- Funding First funding round of $4.2M.
- Funding Latest funding round, Series A, of $2.4M.
Competitors of Macaront
Macaront has 3 listed competitors in our database, 1 of them funded. They include Kakao Mobility, I.M and Papa Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kakaomobility.com | 2015 | Seongnam-si, South Korea | $989.5M | Integrated transportation services are delivered through a mobile app. | ||
| imforyou.co.kr | 2020 | Seoul, South Korea | Transportation services are provided through app-booked vans with amenities. | |||
| papamobility.com | 2020 | Seoul, South Korea | Ride-hailing services are facilitated via a mobile application platform. |
Detailed competitors of Macaront
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Frequently Asked Questions about Macaront
Macaront was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Macaront is headquartered in Seoul, South Korea.
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 2019.
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.
Macaront's top competitors include Kakao Mobility, I.M and Papa Mobility.
Macaront has 5 investors. Key investors include Kia, Hyundai Motor Company, NHN, Aju IB Investment, and Wonik Investment Partners.