About Softberry
Softberry is a company based in Seoul (South Korea) founded in 2016. Softberry has raised $70.59 million across 2 funding rounds from investors including Hyundai Motor Company, SK and Korea Technology Finance. Softberry operates in a competitive market with competitors including Everyone's Charge, Treecle, elecvery, Charge-Q and VaroEV, among others.
- Headquarter Seoul, South Korea
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Soft Berry Co., Ltd.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$70.59 M (USD)
in 2 rounds
-
Latest Funding Round
$3.59 M (USD), Series A
Mar 21, 2024
-
Investors
Hyundai Motor Company
& 7 more
-
Employee Count
Employee Count
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
Funding Insights of Softberry
Softberry has successfully raised a total of $70.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.59 million completed in March 2024. 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 A — $3.6M
-
First Round
First Round
(11 Jan 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - Softberry | Valuation | Partners Investment , Friend | |
| Jan, 2022 | Amount | Series A - Softberry | Valuation |
investors |
Investors in Softberry
Softberry has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Hyundai Motor Company, SK and Korea Technology Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PE firm investing in South Korea and the US
|
Founded Year | Domain | Location | |
|
Innovative technology and venture companies are invested in by Friend Investment Partners.
|
Founded Year | Domain | Location | |
|
Venture investment operations in Seoul, South Korea.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Softberry
Financial Statements - Softberry
Softberry Comparisons
Competitors of Softberry
Softberry 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 Everyone's Charge, Treecle, elecvery, Charge-Q and VaroEV, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an app-based platform to EV charging stations
|
|
| domain | founded_year | HQ Location |
Provides an AI and blockchain-based platform for used car sales and servicing.
|
|
| domain | founded_year | HQ Location |
Delivers an app-based service for locating electric vehicle charging points.
|
|
| domain | founded_year | HQ Location |
Offers app-based EV charging, management, and installation services for users.
|
|
| domain | founded_year | HQ Location |
Offers an app-based platform for locating electric vehicle charging points.
|
Latest news on Softberry
Frequently Asked Questions about Softberry
Softberry was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Softberry is headquartered in Seoul, South Korea.
Yong Hee Park is the current CEO of Softberry.
Softberry is a funded company, having raised a total of $70.59M across 2 funding rounds to date. The company's 1st funding round was a Series A of $67M, raised on Jan 11, 2022.
Softberry was founded in 2016 in Seoul, South Korea, within the electric vehicle infrastructure sector. An app-based platform is operated to locate charging points for electric vehicles and hydrogen stations. In-app payments for charging sessions are facilitated. The application is made available on both Android and iOS platforms, supporting users in urban and regional areas.
Softberry's top competitors include Everyone's Charge, Treecle and elecvery.
Softberry has 8 investors. Key investors include Hyundai Motor Company, SK, Korea Technology Finance, Partners Investment, and Friend Investment Partners.