About Rafique
Rafique is an Industrial Goods & Manufacturing company based in Cheonan (South Korea) founded in 2017. Cosmetic products are contract-manufactured in South Korea since 2017. Rafique has raised $3.09 million across 1 funding round from investors including Industrial Bank of Korea, Quantum Ventures Korea and Hana Ventures. Its chief executive, as recorded, is Beom Joo Lee. Rafique offers products and services including SofTech, SoftFerm, and ODM/OEM Services. Its focus areas include Retail, Contract Manufacturers, FMCG and Cosmetics. Its competitors include Aekyung, BNB Korea and Sunjin.
Company details
Rafique was established in 2017 in Cheonan, South Korea, as a contract manufacturer in the cosmetics sector. Production services for various cosmetic products are provided to clients, with operations centered on formulation and manufacturing processes. The facility supports end-to-end production needs, including quality control and packaging. Leadership is held by CEO Beom Joo Lee, ensuring focused operations in the regional market.
- Headquarters Cheonan, South Korea
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website rafiqcosmetics.com
- Total Equity Funding$3.09M (USD)
in 1 rounds
- Latest Funding Round$3.09M (USD), Series A
Jul 2022
- InvestorsIndustrial Bank of Korea
& 3 more
Products & Services of Rafique
Rafique offers a comprehensive portfolio of products and services, including SofTech, SoftFerm, and ODM/OEM Services.
Plant-based technology for direct skin application in cosmetics
Fermentation tech for enhanced cosmetic formulations
Comprehensive cosmetics development and production services
Funding Insights of Rafique
Rafique has successfully raised a total of $3.09M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.09 million completed in July 2022. 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 $3.09M
- Total Rounds 1
- Last Round Series A — $3.09M
- First Round $3.09M
(Jul 2022)
- Investors Count 4
All 1 funding rounds of Rafique 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 |
|---|---|---|---|---|---|
| Jul 2022 | $3.09M | Series A | – | Industrial Bank of Korea, Quantum Ventures Korea | – |
4 investors in total: 4 institutional.
Investors in Rafique
Rafique has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Industrial Bank of Korea, Quantum Ventures Korea and Hana Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| quantumepk.com | ||||
Financial support is provided to ventures by Hana Ventures. | hanaventures.co.kr | Seoul, South Korea | ||
| enlightvc.com | ||||
Industrial bank | 1961 | ibk.co.kr | Seoul, South Korea |
Investor details for Rafique
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.
People of Rafique
1 people are tracked at Rafique (1 in leadership).
| Name | Role | Group |
|---|---|---|
Beom Joo Lee | CEO | Leadership |
Complete people profiles for Rafique
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Rafique
2 dated milestones of Rafique across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Rafique is founded.
- Funding First funding round of $3.1M.
Competitors of Rafique
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aekyung.co.kr | 1990 | Seoul, South Korea | Beauty and personal care products are retailed in South Korea. | |||
| bnbkorea.co.kr | 2011 | Seoul, South Korea | Contract manufacturer of cosmetics products | |||
| sunjinbs.com | 1978 | Ansan-si, South Korea | Contract manufacturing of personal care and cosmetics products is conducted. |
Detailed competitors of Rafique
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rafique
The website of Rafique (rafiqcosmetics.com) receives about 4.5K visits a month.
- Monthly visits4.5K
▲ 5.1% vs previous month
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Frequently Asked Questions about Rafique
Rafique was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Rafique is headquartered in Cheonan, South Korea. It is registered at Cheonan, Chungcheongnam-do, South Korea.
Beom Joo Lee is the CEO of Rafique, as recorded in our data.
Rafique is a funded company, having raised a total of $3.09M across 1 funding round to date. The company's 1st funding round was a Series A of $3.09M, raised on Jul 2022.
Rafique was established in 2017 in Cheonan, South Korea, as a contract manufacturer in the cosmetics sector. Production services for various cosmetic products are provided to clients, with operations centered on formulation and manufacturing processes. The facility supports end-to-end production needs, including quality control and packaging. Leadership is held by CEO Beom Joo Lee, ensuring focused operations in the regional market.
Rafique offers SofTech, SoftFerm, and ODM/OEM Services.
Rafique has 4 investors. Key investors include Industrial Bank of Korea, Quantum Ventures Korea, Hana Ventures, and Enlight Ventures.