About REmited
REmited is a company based in Seoul (South Korea) founded in 2023 by Brian Bae, Hyorin Kim, and Wootaek Lee.. REmited has raised $139.68 thousand across 2 funding rounds from investors including Antler and Goodthings. REmited offers products and services including REgather App. REmited operates in a competitive market with competitors including Wemakeprice, MyAladdinz, Qualiet, Lotiple and Giftiween, among others.
- Headquarter Seoul, South Korea
- Founders Brian Bae, Hyorin Kim, Wootaek Lee
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Sectors
Retail
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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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Total Equity Funding
$139.68 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Antler
& 1 more
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Employee Count
Employee Count
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Products & Services of REmited
REmited offers a comprehensive portfolio of products and services, including REgather App. 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.
App for uploading receipts to earn and redeem points.
Funding Insights of REmited
REmited has successfully raised a total of $139.68K across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Jun 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - REmited | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - REmited | 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 REmited
REmited has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Antler and Goodthings. 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 investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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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 REmited
| 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 - REmited
| 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 |
Remited Comparisons
Competitors of REmited
REmited 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 Wemakeprice, MyAladdinz, Qualiet, Lotiple and Giftiween, 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 |
Daily deals are facilitated via an online social commerce marketplace.
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| domain | founded_year | HQ Location |
Provides a coalition-based loyalty platform to enhance customer engagement and retention.
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| domain | founded_year | HQ Location |
An online platform that offers reward points for multi-category products purchased from offline stores.
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| domain | founded_year | HQ Location |
Real-time location based commerce platform
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| domain | founded_year | HQ Location |
Online marketplace for purchasing discounted gift cards and deals.
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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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Latest news on Remited
Frequently Asked Questions about REmited
When was REmited founded?
REmited was founded in 2023.
Where is REmited located?
REmited is headquartered in Seoul, South Korea.
Who is the current CEO of REmited?
Brian Bae is the current CEO of REmited. They have also founded this company.
Is REmited a funded company?
REmited is a funded company, having raised a total of $139.68K across 2 funding rounds to date. The company's 1st funding round was a Seed of $139.68K, raised on Jun 01, 2023.
What does REmited do?
Online platform offering receipt based rewards, cashbacks, and deals for multi-category products and services. Users can submit the purchase receipts and earn rewards, deals, and cashbacks from various stores, retail chains, and more.
Who are the top competitors of REmited?
REmited's top competitors include Wemakeprice, Tickendy and Lotiple.
What products or services does REmited offer?
REmited offers REgather App.
Who are REmited's investors?
REmited has 2 investors. Key investors include Antler, and Goodthings.