StyleShare

Seoul, South Korea Founded: 2011 • Age: 15 yrs Acquired By Musinsa
App based community platform for fashion
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About StyleShare

StyleShare is a company based in Seoul (South Korea) founded in 2011 by Chaeyeon Song was acquired by Musinsa in May 2021.. StyleShare has raised $23.98 million across 3 funding rounds from investors including Musinsa, KB Securities and Korea Investment Holdings. StyleShare operates in a competitive market with competitors including Meitu, 21 Buttons, Polyvore, Female Daily and Smzdm, among others.

  • Headquarter Seoul, South Korea
  • Founders Chaeyeon Song
  • Sectors
    Retail
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
    $-5.84 M (USD)
    66
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $23.98 M (USD)

    in 3 rounds

  • Latest Funding Round
    $20.68 M (USD), Series C

    Mar 01, 2018

  • Investors
    Musinsa

    & 11 more

  • Employee Count
    Employee Count
  • Acquired by
    Musinsa

    (May 18, 2021)

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Funding Insights of StyleShare

StyleShare has successfully raised a total of $23.98M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $20.68 million completed in March 2018. 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 Rounds 3
  • Last Round Series C — $20.7M
  • First Round

    (23 Aug 2012)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series C - StyleShare Valuation BSK Investment , Stonebridge Capital
May, 2014 Amount Series B - StyleShare Valuation LB Investment
Aug, 2012 Amount Seed - StyleShare Valuation Suprema Investment
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in StyleShare

StyleShare has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Musinsa, KB Securities and Korea Investment Holdings. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage tech and life sciences focused VC & PE firm
Founded Year Domain Location
Growth stage companies are targeted for private equity investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by StyleShare

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - StyleShare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Styleshare Comparisons

Employees
+
Add Comparison
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Competitors of StyleShare

StyleShare 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 Meitu, 21 Buttons, Polyvore, Female Daily and Smzdm, 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
Photo editing and sharing apps are developed by Meitu.
domain founded_year HQ Location
Online fashion & clothing social shopping platform
domain founded_year HQ Location
Multi-category fashion products are retailed online by Polyvore.
domain founded_year HQ Location
Beauty portal for women
domain founded_year HQ Location
Cost-effective products are discovered via content and user reviews.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Styleshare

Frequently Asked Questions about StyleShare

When was StyleShare founded?

StyleShare was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is StyleShare located?

StyleShare is headquartered in Seoul, South Korea.

Is StyleShare a funded company?

StyleShare is a funded company, having raised a total of $23.98M across 3 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Aug 23, 2012.

What does StyleShare do?

StyleShare was established in 2011 in Seoul, South Korea, as an app-based platform in the fashion sector. Users are enabled to follow others, like shared outfits and looks, and engage with a community focused on style. Fashion items are discovered and shared through the app, supporting interactions among users. The platform operates via the domain styleshare.kr, with Chaeyeon Song listed as co-founder.

Who are the top competitors of StyleShare?

StyleShare's top competitors include Meitu, 21 Buttons and Whering.

Who are StyleShare's investors?

StyleShare has 12 investors. Key investors include Musinsa, KB Securities, Korea Investment Holdings, LB Investment, and BSK Investment.

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