About Rapo Labs
Rapo Labs is a company based in Seoul (South Korea) founded in 2020 by Heemin Choi and Hong Joo Young.. Rapo Labs has raised $26.05 million across 2 funding rounds from investors including Atinum Investment, Altos Ventures Management and Kakao Ventures. Rapo Labs offers products and services including Job Platform. Rapo Labs operates in a competitive market with competitors including Musinsa, Brandi, Gooha, Lookpin and ABLY, among others.
- Headquarter Seoul, South Korea
- Founders Heemin Choi, Hong Joo Young
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lapo Labs Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.05 M (USD)
in 2 rounds
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Latest Funding Round
$26.05 M (USD), Series B
Aug 07, 2023
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Investors
Atinum Investment
& 2 more
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Employee Count
Employee Count
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Products & Services of Rapo Labs
Rapo Labs offers a comprehensive portfolio of products and services, including Job Platform. 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.
Platform for listing and applying to e-commerce jobs
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Funding Insights of Rapo Labs
Rapo Labs has successfully raised a total of $26.05M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $26.05 million completed in August 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $26.1M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - Rapo Labs | Valuation | Altos Ventures Management | |
| Feb, 2022 | Amount | Series A - Rapo Labs | Valuation |
investors |
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| 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 Rapo Labs
Rapo Labs has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Atinum Investment, Altos Ventures Management and Kakao Ventures. 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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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward IT startups.
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Founded Year | Domain | Location | |
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VC firm investing in geographies such as 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 Rapo Labs
| 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 - Rapo Labs
| 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 |
Rapo Labs Comparisons
Competitors of Rapo Labs
Rapo Labs 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 Musinsa, Brandi, Gooha, Lookpin and ABLY, 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 |
Musinsa is recognized as a global fashion platform.
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category luxury fashion products are offered via an online platform.
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| domain | founded_year | HQ Location |
An e-commerce store specializing in fashion products for men and women.
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| domain | founded_year | HQ Location |
Online shopping platform offering a wide range of fashion products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Rapo Labs
When was Rapo Labs founded?
Rapo Labs was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Rapo Labs located?
Rapo Labs is headquartered in Seoul, South Korea.
Who is the current CEO of Rapo Labs?
Heemin Choi is the current CEO of Rapo Labs. They have also founded this company.
Is Rapo Labs a funded company?
Rapo Labs is a funded company, having raised a total of $26.05M across 2 funding rounds to date.
What does Rapo Labs do?
Founded in 2020 and based in Seoul, South Korea, Rapo Labs operates in the e-commerce sector focused on womens apparel. An application is provided that offers diverse clothing selections from various brands, catering to women across different age groups. Purchasing assistance is facilitated through the platforms features, enabling users to explore and acquire fashion items online.
Who are the top competitors of Rapo Labs?
What products or services does Rapo Labs offer?
Rapo Labs offers Job Platform.
Who are Rapo Labs's investors?
Rapo Labs has 3 investors. Key investors include Atinum Investment, Altos Ventures Management, and Kakao Ventures.