About PRND
PRND is a company based in Seoul (South Korea) founded in 2014.. PRND has raised $680 thousand across 1 funding round from investors including GS Shop. PRND offers products and services including Accident History Check and Fair Sales Assistance. PRND operates in a competitive market with competitors including Hey Dealer, Mr Pic, Chutcha, Honoka and AJ Selfie, among others.
- Headquarter Seoul, South Korea
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pr&D Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$680 K (USD)
in 1 rounds
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Latest Funding Round
$680 K (USD), Private Equity Round
Jun 15, 2015
- Investors
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Employee Count
Employee Count
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Products & Services of PRND
PRND offers a comprehensive portfolio of products and services, including Accident History Check and Fair Sales Assistance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for revealing hidden vehicle accident details and aiding sales.
Platform to facilitate unbiased used car buying and selling processes.
Funding Insights of PRND
PRND has successfully raised a total of $680K through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $680 thousand completed in June 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $680,000
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First Round
First Round
(15 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Private Equity Round - PRND | Valuation |
investors |
| 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 PRND
PRND has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GS Shop. 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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TV home shopping services are provided nationwide in South Korea.
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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 PRND
| 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 - PRND
| 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 |
Prnd Comparisons
Competitors of PRND
PRND 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 Hey Dealer, Mr Pic, Chutcha, Honoka and AJ Selfie, 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 |
Cars are auctioned to dealers via a mobile app platform.
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| domain | founded_year | HQ Location |
Online services for car buyers & sellers
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| domain | founded_year | HQ Location |
Online platform for buying and selling used cars in South Korea.
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| domain | founded_year | HQ Location |
Functions as an online platform for buying and selling used cars.
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| domain | founded_year | HQ Location |
Online used car distributor
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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 PRND
When was PRND founded?
PRND was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is PRND located?
PRND is headquartered in Seoul, South Korea.
Is PRND a funded company?
PRND is a funded company, having raised a total of $680K across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $680K, raised on Jun 15, 2015.
What does PRND do?
Founded in 2014 in Seoul, South Korea, PRND operates in the automotive sector as an online C2B platform for second-hand car auctions. The mobile application, Hey Dealer, enables users to upload car details and photos for estimates. Quotes from approximately 500 partnered dealerships nationwide are received within 48 hours, facilitating sales at user-preferred prices and streamlined purchases for dealers.
Who are the top competitors of PRND?
PRND's top competitors include Hey Dealer, Mr Pic and AJ Selfie.
What products or services does PRND offer?
PRND offers Accident History Check and Fair Sales Assistance.
Who are PRND's investors?
PRND has 1 investor. Key investors include GS Shop.