About SentBe
SentBe is a company based in Seoul (South Korea) founded in 2015 by Alex Seong-Ouk Choi and Sangyong Jung.. SentBe has raised $1.66 million across 5 funding rounds from investors including Rapyd, Hanwha and Stonebridge Ventures. SentBe operates in a competitive market with competitors including Wise, CurrencyFair, Remessa Online, TransferGo and Western Union, among others.
- Headquarter Seoul, South Korea
- Founders Alex Seong-Ouk Choi, Sangyong Jung
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sentbe 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
$1.66 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Rapyd
& 10 more
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Employee Count
Employee Count
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Funding Insights of SentBe
SentBe has successfully raised a total of $1.66M across 5 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - SentBe | Valuation | Stonebridge Ventures | |
| Jan, 2019 | Amount | Series B - SentBe | Valuation | Stonebridge Capital , Hanwha |
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| Sep, 2017 | Amount | Series A - SentBe | 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 SentBe
SentBe has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Rapyd, Hanwha and Stonebridge 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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Venture capital investments in technology and AI sectors are provided.
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Founded Year | Domain | Location | |
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TBT Partners is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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PE firm investing in South Korea and the US
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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 SentBe
| 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 - SentBe
| 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 |
Sentbe Comparisons
Competitors of SentBe
SentBe 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 Wise, CurrencyFair, Remessa Online, TransferGo and Western Union, 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 |
Cross-border remittances are enabled for individuals and businesses via apps.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled through CurrencyFair's platform.
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| domain | founded_year | HQ Location |
International payments are enabled online for consumers and businesses.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of remittance services
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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 Sentbe
Frequently Asked Questions about SentBe
When was SentBe founded?
SentBe was founded in 2015.
Where is SentBe located?
SentBe is headquartered in Seoul, South Korea.
Who is the current CEO of SentBe?
Alex Seong-Ouk Choi is the current CEO of SentBe. They have also founded this company.
Is SentBe a funded company?
SentBe is a funded company, having raised a total of $1.66M across 5 funding rounds to date.
What does SentBe do?
SentBe was founded in 2015 in Seoul, South Korea, as a provider of cross-border remittance services within the fintech sector. Money transfers are supported through channels such as bank deposits, cash pickup locations, and home delivery options. A mobile application is available for iOS and Android devices to facilitate user access and transactions across international borders. Operations are centered on efficient global payment solutions for recipients.
Who are the top competitors of SentBe?
SentBe's top competitors include Wise, TransferGo and Remessa Online.
Who are SentBe's investors?
SentBe has 11 investors. Key investors include Rapyd, Hanwha, Stonebridge Ventures, TBT Partners, and Partners Investment.
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