About Rare Market
Rare Market is a company based in Seoul (South Korea) founded in 2014 was acquired by Sequoia Capital in January 2022.. Rare Market operates in a competitive market with competitors including Purplia, Ultra Fashion, Gloomy Eyes, Domejjim and thisisneverthat, among others.
- Headquarter Seoul, South Korea
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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
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Rare Market
| 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 Rare Market
Rare Market has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sequoia Capital. 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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Sequoia Capital is engaged in venture capital investments.
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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 Rare Market
| 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 - Rare Market
| 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 |
Rare Market Comparisons
Competitors of Rare Market
Rare Market 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 Purplia, Ultra Fashion, Gloomy Eyes, Domejjim and thisisneverthat, 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 |
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Operates an online platform offering a wide range of multi-category products.
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| domain | founded_year | HQ Location |
Online platform selling fashion apparel, shoes, accessories, and related products.
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| domain | founded_year | HQ Location |
Online platform selling men's fashion items like knits, shirts, and pants.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering multi-category fashion products for men and women.
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Internet first brand offering multi-category fashion products for men
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| domain | founded_year | HQ Location |
Multi-category fashion products for men and women are offered online.
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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 Rare Market
When was Rare Market founded?
Rare Market was founded in 2014.
Where is Rare Market located?
Rare Market is headquartered in Seoul, South Korea.
What does Rare Market do?
Rare Market was established in 2014 in Seoul, South Korea, as an internet-first brand in the fashion and accessories sector. A range of products for men and women is provided through its online platform, including mask chains, crocs, and earrings. Operations focus on multi-category retail, with distribution centered in the South Korean market. The company maintains a digital-first approach to product accessibility and sales.
Who are the top competitors of Rare Market?
Rare Market's top competitors include thisisneverthat, Efluvi and Purplia.
Who are Rare Market's investors?
Rare Market has 1 investor. Key investors include Sequoia Capital.
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