Makestar

Seoul, South Korea Founded: 2015 • Age: 11 yrs
Online platform for merchandise sales and event partnerships in Korea.

About Makestar

Makestar is a company based in Seoul (South Korea) founded in 2015. It operates as a B2C and B2B. Makestar has raised $22.28 million across 1 funding round from investors including Korean Development Bank, Company K Partners and Han River Partners. Makestar offers products and services including Home Shop Platform and Event Partnership Service. Makestar operates in a competitive market with competitors including MyMusicTaste, Metabeat, Krowdpop and Kpopfunding, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website makestar.co
  • Social X Facebook
  • Legal Name Makestar Co., Ltd.
Key Metrics
  • Total Equity Funding
    $22.28M (USD)

    in 1 rounds

  • Latest Funding Round
    $22.28M (USD), Series D

    Oct 2024

  • Investors

Products & Services of Makestar

Makestar offers a comprehensive portfolio of products and services, including Home Shop Platform and Event Partnership Service.

Home Shop Platform
Ecommerce Platform

Online service for purchasing merchandise and retail items

Event Partnership Service
Business Services

Platform for event inquiries and collaboration opportunities

Funding Insights of Makestar

Makestar has successfully raised a total of $22.28M through 1 strategic funding round. The most recent funding activity was a Series D round of $22.28 million completed in October 2024. 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 $22.28M
  • Total Rounds 1
  • Last Round Series D β€” $22.28M
  • First Round $22.28M

    (Oct 2024)

  • Investors Count 6

All 1 funding rounds of Makestar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$22.28MSeries D–HRZ, RPS Ventures
Valuation history

6 investors in total: 6 institutional.

Investors in Makestar

Makestar has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, Company K Partners and Han River Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in early-stage innovative companies.
–hrz.vc-
Late-stage startups are targeted for investment by RPS Ventures.
–rpsventures.comPalo Alto, United States
Venture capital firm investing in tech startups
2006kpartners.co.krSeoul, South Korea
Early-stage companies are funded by this venture capital firm.
–altos.vcMenlo Park, United States
Venture capital investments are provided to early-stage startups.
–nextginvest.comSeoul, South Korea
Development financing and commercial banking are provided in South Korea.
1954kdb.co.krSeoul, South Korea
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Investor details for Makestar

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Timeline of Makestar

2 dated milestones of Makestar across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Makestar is founded.
  2. Funding First funding round of $22.3M.

Competitors of Makestar

Makestar 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 MyMusicTaste, Metabeat, Krowdpop and Kpopfunding, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mymusictaste.com2013Seoul, South Korea$21M–
Concert crowdsourcing platform
metabeat.io2021Seoul, South Korea$3M–
NFTs enable fan engagement and transactions for music artists.
krowdpop.com2014Seoul, South Korea––
Serves as a crowdfunding platform for K-pop concerts.
kpopfunding.com2013Seoul, South Korea––
An online crowdfunding platform dedicated to supporting Korean pop artists.
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Detailed competitors of Makestar

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Makestar

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Complete news archive for Makestar

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  • Full article archive
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Similar companies to Makestar

10 companies that operate in the same segment as Makestar (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
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Frequently Asked Questions about Makestar

Makestar was founded in 2015 and raised its 1st funding round 9 years after it was founded.

Makestar is headquartered in Seoul, South Korea.

Makestar is a funded company, having raised a total of $22.28M across 1 funding round to date. The company's 1st funding round was a Series D of $22.28M, raised on Oct 2024.

MAKESTAR Inc. is a South Korean company based in Seoul, operating an online home shop for merchandise and facilitating event partnerships. It provides customer service on weekdays from 10:00 to 17:00 KST and handles inquiries for collaborations. The company engages in retail sales and business services, serving primarily Korean customers through its digital platform, while maintaining a focus on efficient operations and user accessibility.

Makestar's top competitors include MyMusicTaste, Metabeat and Krowdpop.

Makestar offers Home Shop Platform and Event Partnership Service.

Makestar operates through Makestar Co., Ltd..

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