About Meditherapy
Meditherapy is a company based in Seoul (South Korea) founded in 2017 by Joey Seungjin Lee.. Meditherapy has raised $19.19 million across 1 funding round from investors including DSC Investment, Company K Partners and KIP. Meditherapy operates in a competitive market with competitors including Shinsegae International, Dr.Wu Skincare, oliveinternational, Frankley and Lilycover, among others.
- Headquarter Seoul, South Korea
- Founders Joey Seungjin Lee
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.19 M (USD)
in 1 rounds
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Latest Funding Round
$19.19 M (USD), Series A
Apr 09, 2024
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Investors
DSC Investment
& 2 more
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Employee Count
Employee Count
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Funding Insights of Meditherapy
Meditherapy has successfully raised a total of $19.19M through 1 strategic funding round. The most recent funding activity was a Series A round of $19.19 million completed in April 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 Total Funding
- Total Rounds 1
- Last Round Series A — $19.2M
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First Round
First Round
(09 Apr 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Meditherapy | Valuation | Company K Partners |
| 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 Meditherapy
Meditherapy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DSC Investment, Company K Partners and KIP. 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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Venture capital firm investing in tech startups
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested primarily in South Korean startups.
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Founded Year | Domain | Location | |
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Tech startups are invested in by this venture capital firm.
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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 Meditherapy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Meditherapy
| 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 |
Meditherapy Comparisons
Competitors of Meditherapy
Meditherapy 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 Shinsegae International, Dr.Wu Skincare, oliveinternational, Frankley and Lilycover, 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 |
Beauty and fashion products are manufactured by Shinsegae International.
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| domain | founded_year | HQ Location |
Skincare products are manufactured and distributed globally by Dr.Wu.
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| domain | founded_year | HQ Location |
A range of skincare products is offered by Olive International.
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| domain | founded_year | HQ Location |
Skin care products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand of skin care products
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| domain | founded_year | HQ Location |
Manufacturer of skin care products
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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 Meditherapy
When was Meditherapy founded?
Meditherapy was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Meditherapy located?
Meditherapy is headquartered in Seoul, South Korea.
Who is the current CEO of Meditherapy?
Joey Seungjin Lee is the current CEO of Meditherapy. They have also founded this company.
Is Meditherapy a funded company?
Meditherapy is a funded company, having raised a total of $19.19M across 1 funding round to date. The company's 1st funding round was a Series A of $19.19M, raised on Apr 09, 2024.
What does Meditherapy do?
Meditherapy was founded in 2017 and is based in Seoul, South Korea. Operations are conducted as an online beauty brand in the skincare sector. Products are designed to target skin issues such as wrinkles, fine lines, and uneven tone. The catalog encompasses serums, toners, moisturizers, body creams, and additional items.
Who are the top competitors of Meditherapy?
Meditherapy's top competitors include Shinsegae International, Dr.Wu Skincare and Lilycover.
Who are Meditherapy's investors?
Meditherapy has 3 investors. Key investors include DSC Investment, Company K Partners, and KIP.