About Mr Pic
Mr Pic is a Transportation, Automotive & Logistics company based in Seoul (South Korea) founded in 2014. Online services for car buyers sellers. Mr Pic has raised $2.6 million across 2 funding rounds from investors including Korean Development Bank, DSC Investment and Songhyun Investment. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Hey Dealer, Chutcha and PRND; 2 of its 3 listed competitors have raised funding.
Company details
Mr Pic was founded in 2014 in Seoul, South Korea, and operates in the online automotive sector. Services are extended to car buyers and sellers, including the purchase of inspected pre-owned vehicles from certified dealerships, the sale of used cars through auctions to dealerships, and access to car information based on national used car price analysis statistics for consumers and dealers.
- Headquarters Seoul, South Korea
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website mrpic.co.kr
- Social Facebook
- Total Equity Funding$2.6M (USD)
in 2 rounds
- Latest Funding Round$1.3M (USD), Series A
Nov 2015
- InvestorsKorean Development Bank
& 3 more
Funding Insights of Mr Pic
Mr Pic has successfully raised a total of $2.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.3 million completed in November 2015. 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 $2.6M
- Total Rounds 2
- Last Round Series A — $1.3M
- First Round $1.3M
(Jul 2015)
- Investors Count 4
All 2 funding rounds of Mr Pic 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 |
|---|---|---|---|---|---|
| Nov 2015 | $1.3M | Series A | – | – | |
| Jul 2015 | $1.3M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Mr Pic
Mr Pic has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Korean Development Bank, DSC Investment and Songhyun Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is invested primarily in South Korean startups. | 2012 | dscinvestment.com | Seoul, South Korea | |
Private equity and venture capital investment fund | songhyuninvest.com | Seoul, South Korea | ||
| egpartners.co.kr | ||||
Development financing and commercial banking are provided in South Korea. | 1954 | kdb.co.kr | Seoul, South Korea |
Investor details for Mr Pic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Mr Pic
3 dated milestones of Mr Pic across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Mr Pic is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series A, of $1.3M.
Competitors of Mr Pic
Mr Pic has 3 listed competitors in our database, 2 of them funded. They include Hey Dealer, Chutcha and PRND.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| heydealer.com | 2014 | Seoul, South Korea | $97.93M | Cars are auctioned to dealers via a mobile app platform. | ||
| chutcha.net | 2014 | Seoul, South Korea | Online platform for buying and selling used cars in South Korea. | |||
| prnd.co.kr | 2014 | Seoul, South Korea | $680,000 | Online C2B second-hand car mobile auction |
Detailed competitors of Mr Pic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Mr Pic
The website of Mr Pic (mrpic.co.kr) receives about 4.3K visits a month.
- Monthly visits4.3K
▲ 15.9% vs previous month
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Frequently Asked Questions about Mr Pic
Mr Pic was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Mr Pic is headquartered in Seoul, South Korea.
Mr Pic is a funded company, having raised a total of $2.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.3M, raised on Jul 2015.
Mr Pic was founded in 2014 in Seoul, South Korea, and operates in the online automotive sector. Services are extended to car buyers and sellers, including the purchase of inspected pre-owned vehicles from certified dealerships, the sale of used cars through auctions to dealerships, and access to car information based on national used car price analysis statistics for consumers and dealers.
Mr Pic's top competitors include Hey Dealer, PRND and Chutcha.
Mr Pic has 4 investors. Key investors include Korean Development Bank, DSC Investment, Songhyun Investment, and East Gate Partners.