Soomgo

Seoul, South Korea Founded: 2014 • Age: 12 yrs
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About Soomgo

Soomgo is a company based in Seoul (South Korea) founded in 2014. Soomgo has raised $46.47 million across 6 funding rounds from investors including Korean Development Bank, FJ Labs and Atinum Investment. Soomgo operates in a competitive market with competitors including Annie Man, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website soomgo.com
  • Social LinkedIn X Facebook
  • Legal Name Brave Mobile Co., Ltd.
Key Metrics
  • Annual Revenue
    $24.38 M (USD)
    107
    as on Dec 31, 2022
  • Net Profit
    -$11.17 M (USD)
    -44
    as on Dec 31, 2022
  • EBITDA
    -$11.17 M (USD)
    -44
    as on Dec 31, 2022
  • Total Equity Funding
    $46.47M (USD)

    in 6 rounds

  • Latest Funding Round
    $28.64M (USD), Series C

    Jun 2021

  • Investors

Funding Insights of Soomgo

Soomgo has successfully raised a total of $46.47M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $28.64 million completed in June 2021. 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 $46.47M
  • Total Rounds 6
  • Last Round Series C β€” $28.64M
  • First Round $335,680

    (May 2016)

  • Investors Count 13

All 6 funding rounds of Soomgo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$28.64MSeries C–Korean Development Bank, We Ventures
Jul 2019$629,293Series B––
–
Jun 2019$12.5MSeries B–Atinum Investment, TBT
Mar 2018$4.36MSeries A–ID Ventures, Y Combinator
–
Mar 2017–Seed–Y Combinator, FJ Labs
–
May 2016$335,680Seed––
–
Valuation history

13 investors in total: 13 institutional.

Investors in Soomgo

Soomgo has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, FJ Labs and Atinum Investment.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Growth stage companies are targeted for private equity investments.
–imm.co.krGangnam, South Korea
-
–strongvc.com-
TBT Partners is engaged in venture capital investments for startups.
2018tbt.partnersSeoul, South Korea
VC firm investing in geographies such as South Korea
1988atinuminvest.co.krSeoul, South Korea
Venture capital fund focused on consumer, AI, deep tech, healthcare, and multiple sectors
–weventures.co.krSeoul, South Korea
-
–ibxpartners.tcc.mode-
Tech and life sciences focused VC investment company funding companies in South Korea
–id-vc.comSeoul, South Korea
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Investments are focused on early-stage companies in various sectors.
2015devsistersventures.comSeoul, South Korea
Investments are directed toward early and growth stage tech startups.
–starling.vcNew York, United States
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Investor details for Soomgo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Timeline of Soomgo

3 dated milestones of Soomgo across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Soomgo is founded.
  2. Funding First funding round of $336K.
  3. Funding Latest funding round, Series C, of $28.6M.

Competitors of Soomgo

Soomgo 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 Annie Man, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
anyman.co.kr2009Seoul, South Korea––
Operates an online peer-to-peer platform for listing and discovering multi-category services.
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Detailed competitors of Soomgo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Web traffic of Soomgo

The website of Soomgo (soomgo.com) receives about 2.9M visits a month.

  • Monthly visits
    2.9M

    ▲ 18.9% vs previous month

Similar websites

Websites whose visitors overlap most with Soomgo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
daangn.com
daangn.com
100%
–#4,977–
phiko.kr
phiko.kr
90%
–#169,034–
imweb.me
84%
7.7M#7,521View details
nosearch.com
83%
699.1K#65,290View details
zigbang.com
83%
2M#20,621View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Soomgo

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Soomgo

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Complete news archive for Soomgo

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.

Similar companies to Soomgo

10 companies that operate in the same segment as Soomgo (Local & Community Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M1,043
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 524.53 M–1,046
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M––
Online catering marketplace for enterprises
2007Boston, Massachusetts, United StatesUSD 438.62 M–856
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Operates and franchises fitness clubs
2002–USD 4.49 M–340
Online marketplace that provides home repair & maintenance services
2012New York, New York, United StatesUSD 112.67 M––
Hair coloring kits are provided via an internet-first brand.
2013San Francisco, California, United StatesUSD 248.9 M–247
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Frequently Asked Questions about Soomgo

Soomgo was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Soomgo is headquartered in Seoul, South Korea.

Soomgo is a funded company, having raised a total of $46.47M across 6 funding rounds to date. The company's 1st funding round was a Seed of $335.68K, raised on May 2016.

Annual revenue of Soomgo is $24.38M as on Dec 31, 2022.

Soomgo was founded in 2014 in Seoul, South Korea, as an online platform in the lead generation sector for local services. Requests for categories including home cleaning, maintenance, handyman tasks, fitness training, and tutoring are submitted by users. These requests are distributed to relevant local professionals, who provide price quotations. Comparisons of quotes are enabled for users to select suitable providers based on their needs.

Soomgo's top competitors include Annie Man.

Soomgo has 13 investors. Key investors include Korean Development Bank, FJ Labs, Atinum Investment, IMM Korea, and Strong Ventures.

Soomgo operates through Brave Mobile Co., Ltd..

The website of Soomgo receives about 2.9 million visits a month.

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