About Munto
Munto is a company based in Seoul (South Korea) founded in 2017. Munto has raised $3.98 million across 1 funding round from investors including Industrial Bank of Korea, IMM Korea and Daekyo Investment. Munto operates in a competitive market with competitors including Nextdoor, Nebenan, Hayi, Hopplr and Public Next, among others.
- Headquarter Seoul, South Korea
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Sectors
Media & Entertainment
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Email
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.98 M (USD)
in 1 rounds
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Latest Funding Round
$3.98 M (USD), Series A
Apr 16, 2023
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Investors
Industrial Bank of Korea
& 4 more
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Employee Count
Not available
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Funding Insights of Munto
Munto has successfully raised a total of $3.98M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.98 million completed in April 2023. 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.
Investors in Munto
Munto has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Industrial Bank of Korea, IMM Korea and Daekyo Investment.
| Investor | Description | Founded Year | Domain | Location |
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Growth stage companies are targeted for private equity investments.
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PE and VC investments are directed across multiple sectors.
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Investments are made by BonAngels in early-stage Asian tech companies.
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Investor details for Munto
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Investments & Acquisitions by Munto
Investment portfolio details for Munto
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Financial Statements - Munto
Detailed financials for Munto
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Munto Comparisons
Peer comparison for Munto
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Munto
Munto 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 Nextdoor, Nebenan, Hayi, Hopplr and Public Next, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Neighborhood connections are facilitated via social networking and local e-commerce.
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Interactions among neighbors are facilitated via a secure social platform.
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Online social platform for connecting neighbors
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Neighborhood connections, discussions, and local services are enabled by Hopplr.
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Kannada-language online news and information are provided across categories.
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Hyperlocal social networking and proximity-based dating app is provided.
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Detailed competitors of Munto
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Munto
Complete news archive for Munto
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Frequently Asked Questions about Munto
Munto was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Munto is headquartered in Seoul, South Korea.
Munto is a funded company, having raised a total of $3.98M across 1 funding round to date.
Munto was established in 2017 in Seoul, South Korea, as a social networking platform in the digital services sector. Profiles are created by members to showcase their interests and pastimes. Nearby users profiles can be reviewed to identify common hobbies. A management system is included, featuring reporting tools, membership approval processes, and member feedback mechanisms. The platform is accessible through mobile applications on Android and iOS devices.
Munto has 5 investors. Key investors include Industrial Bank of Korea, IMM Korea, Daekyo Investment, BonAngels Venture Partners, and Z Venture Capital.