About Sauce
Sauce is a company based in Seoul (South Korea) founded in 2013 by Ryan Kwon and David Yun Hee Lee. It operates as a SaaS (Software-as-a-Service). Sauce has raised $5.25 million across 2 funding rounds from investors including Kiwoom Investment, V Platform Investment and SBI Investment. Sauce offers products and services including Saucelive, Sauceclip, Saucead, and Saucemakers. Sauce operates in a competitive market with competitors including Firework, Bambuser, Instasell, Quinn and FLIP-INC.COM, among others.
- Headquarter Seoul, South Korea
- Founders Ryan Kwon, David Yun Hee Lee
-
Sectors
RetailTechnology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Mobidoo Co., Ltd.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$5.25 M (USD)
in 2 rounds
-
Latest Funding Round
$5.25 M (USD), Series B
Sep 06, 2023
-
Investors
Kiwoom Investment
& 4 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Sauce
Sauce offers a comprehensive portfolio of products and services, including Saucelive, Sauceclip, Saucead, and Saucemakers.
Live shopping videos are facilitated for customer engagement.
Short-form videos are created for product showcasing purposes.
Targeted video ads are developed for marketing campaigns.
Full-scale video production services are offered to clients.
Funding Insights of Sauce
Sauce has successfully raised a total of $5.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5.25 million completed in September 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.
Investors in Sauce
Sauce has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Kiwoom Investment, V Platform Investment and SBI Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment services are offered by Kiwoom Investment in South Korea.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Venture capital funds are managed to support unlisted companies' growth.
|
Locked | Locked | Locked |
Investor details for Sauce
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sauce
Investment portfolio details for Sauce
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Sauce
Detailed financials for Sauce
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sauce Comparisons
Peer comparison for Sauce
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Sauce
Sauce 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 Firework, Bambuser, Instasell, Quinn and FLIP-INC.COM, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of a cloud-based software tool to create shoppable and interactive videos
|
|
| Locked | Locked | Locked |
Providing solution for live video streaming for businesses
|
|
| Locked | Locked | Locked |
Provider of live streaming e-commerce software suite solutions for businesses
|
|
| Locked | Locked | Locked |
Shoppable videos for Shopify stores are integrated and analyzed.
|
|
| Locked | Locked | Locked |
Multi-category products are offered via an online live shopping platform.
|
|
| Locked | Locked | Locked |
AI-based live streaming solutions are provided for e-commerce brands.
|
Detailed competitors of Sauce
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sauce
Complete news archive for Sauce
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sauce
Sauce was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Sauce is headquartered in Seoul, South Korea.
David Yun Hee Lee is the current CEO of Sauce. They have also founded this company.
Sauce is a funded company, having raised a total of $5.25M across 2 funding rounds to date.
Sauce is established as a prominent provider of shoppable video technology in Asia. Solutions are offered for video commerce, including live shopping, short-form videos, and targeted marketing through platforms like Saucelive, Sauceclip, Saucead, and Saucemakers. Customer traffic and conversions are enhanced using AI-powered tools. The focus is placed on high engagement and real results for clients across various sectors.
Sauce offers Saucelive, Sauceclip, Saucead, and Saucemakers.
Sauce has 5 investors. Key investors include Kiwoom Investment, V Platform Investment, SBI Investment, Hana Securities, and Samsung NEXT.