About Musinsa
Musinsa is a company based in Seoul (South Korea) founded in 2001. Musinsa has raised $473.73 million across 3 funding rounds from investors including KKR, Peak XV Partners and Wellington. Musinsa has completed 2 acquisitions, including 29cm and StyleShare. Musinsa operates in a competitive market with competitors including Rapo Labs, Brandi, Gooha, Lookpin and Trenbe, among others.
- Headquarter Seoul, South Korea
- Stage Unicorn
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Musinsa Co., Ltd.
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Annual Revenue
$550.28 M (USD)54as on Dec 31, 2022
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Net Profit
-$43.35 M (USD)-148as on Dec 31, 2022
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EBITDA
-$31.27 M (USD)-131as on Dec 31, 2022
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Total Equity Funding
$473.73 M (USD)
in 3 rounds
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Latest Funding Round
$190 M (USD), Series C
Jul 19, 2023
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Investors
KKR
& 3 more
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Employee Count
Not available
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Investments & Acquisitions
29cm
& 1 more
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People of Musinsa
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Funding Insights of Musinsa
Musinsa has successfully raised a total of $473.73M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $190 million completed in July 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 Musinsa
Musinsa has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Peak XV Partners and Wellington.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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Locked | Locked | Locked | |
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Venture capital firm investing in startups and providing support programs.
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Growth stage companies are targeted for private equity investments.
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Locked | Locked | Locked |
Investor details for Musinsa
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Investments & Acquisitions by Musinsa
Musinsa has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 29cm and StyleShare.
Investment portfolio details for Musinsa
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Fashion, beauty, and home products are retailed online by 29cm.
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Locked | Locked | 2011 | Locked | |
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App based community platform for fashion
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Musinsa
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Acquired stakes
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- Domains and locations
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Financial Statements - Musinsa
Detailed financials for Musinsa
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- Profit trends
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Musinsa Comparisons
Peer comparison for Musinsa
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Competitors of Musinsa
Musinsa 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 Rapo Labs, Brandi, Gooha, Lookpin and Trenbe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online fashion application for women's clothing purchases is offered.
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| Locked | Locked | Locked |
Multi-category fashion products are offered through an online marketplace.
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Multi-category luxury fashion products are offered via an online platform.
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An e-commerce store specializing in fashion products for men and women.
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| Locked | Locked | Locked |
Multi-branded fashion items are retailed online for various demographics.
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Detailed competitors of Musinsa
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Latest news on Musinsa
Complete news archive for Musinsa
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Frequently Asked Questions about Musinsa
Musinsa was founded in 2001 and raised its 1st funding round 18 years after it was founded.
Musinsa is headquartered in Seoul, South Korea.
Kang Jung Gu is the current CEO of Musinsa.
Musinsa is a funded company, having raised a total of $473.73M across 3 funding rounds to date.
Annual revenue of Musinsa is $550.28M as on Dec 31, 2022.
Musinsa is established as a global fashion platform operating across multiple regions. Its presence is noted in Asia, North America, and Oceania. Various locations are served including Japan, Hong Kong, and the United States. The platforms specific offerings and solutions remain undisclosed in the provided content. Expansion across diverse markets is evident from the listed countries. Detailed sector focus or unique services are not specified here. The companys operational model is not elaborated upon in this text.
Musinsa has made 2 acquisitions, including 29cm, and StyleShare.
Musinsa has 4 investors. Key investors include KKR, Peak XV Partners, Wellington, and IMM Korea.
The valuation of Musinsa is $2.2B as of Mar 2021.