About Woowa Bros
Woowa Bros is a Consumer company based in Seoul (South Korea) founded in 2011, and was acquired by Delivery Hero in December 2019. Food delivery platforms are developed and operated for on-demand services. Woowa Bros has raised $131.8 million across 5 funding rounds from investors including Delivery Hero, Goldman Sachs and Naver. The company has 1,653 employees. Woowa Bros has completed 1 acquisition, including VietnamMM. Its website woowahan.com draws about 165 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Food Tech, Food Discovery and Ordering and Restaurant Aggregator. Its competitors include Baemin, Yogiyo and Shuttle Delivery.
Company details
Woowa Bros was founded in 2011 in Seoul, South Korea, within the food delivery sector. Mobile applications for Android and iOS are developed by the company to facilitate connections between restaurants and consumers. On-demand food delivery operations are managed through these platforms, enabling efficient order processing and service delivery in urban areas. The domain woowahan.com supports these activities.
- Headquarters Seoul, South Korea
- Employees 1,653
- Stage Acquired
- SectorsConsumer
- Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
- Phoneβ’β’β’β’ β’β’β’β’
- Website woowahan.com
- Social LinkedIn Facebook
- Acquired by Delivery Hero (Dec 2019)
- Total Equity Funding$131.8M (USD)
in 5 rounds
- Latest Funding Round$32M (USD), Series E
Nov 2017
- InvestorsDelivery Hero
& 11 more
- Employee Count1,653
- Investments & Acquisitions
- Acquired byDelivery Hero
(Dec 2019)
Funding Insights of Woowa Bros
Woowa Bros has successfully raised a total of $131.8M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $32 million completed in November 2017. 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 $131.8M
- Total Rounds 5
- Last Round Series E β $32M
- First Round $1.8M
(Jun 2012)
- Investors Count 12
All 5 funding rounds of Woowa Bros with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $32M | Series E | β | Naver | β |
| Apr 2016 | $50M | Series E | β | Hillhouse | β |
| Nov 2014 | $36M | Series D | β | Goldman Sachs | β |
| Mar 2014 | $12M | Series C | β | CyberAgent Capital | |
| Jun 2012 | $1.8M | Series A | β | β |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Woowa Bros
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12 investors in total: 12 institutional.
Investors in Woowa Bros
Woowa Bros has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Delivery Hero, Goldman Sachs and Naver.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed with long-term focus. | hillhouseinvestment.com | New York, United States | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Investments in tech startups are provided by CyberAgent Capital. | cyberagentcapital.com | Tokyo, Japan | ||
Early-stage companies are funded by this venture capital firm. | altos.vc | Menlo Park, United States | ||
Growth stage companies are targeted for private equity investments. | imm.co.kr | Gangnam, South Korea | ||
Early-stage tech and life sciences focused VC & PE firm | stonebridge.co.kr | Seoul, South Korea | ||
Investments are made by BonAngels in early-stage Asian tech companies. | bonangels.net | Seoul, South Korea | ||
Diversified investment management firm | 2000 | greenspringassociates.com | Owings Mills, United States | |
Venture capital fund | daolinvestment.com | Seongnam-si, South Korea | ||
Keyword-based searches are enabled for information, news, and services. | 1999 | naver.com | Seongnam-si, South Korea |
Investor details for Woowa Bros
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People of Woowa Bros
67 people are tracked at Woowa Bros (8 in leadership, 59 in team); the tracked headcount is 1,653.
| Name | Role | Group |
|---|---|---|
Bong Jin Kim | CEO/Founder | Leadership |
Kye Kwon Jo (Joseph) | Chief Strategy Officer (cso) | Leadership |
Jaeha Song | CTO | Leadership |
Minah Park | Head Of Commerce Biz. Strategy | Leadership |
Sora Ha | Head Of Marketing | Leadership |
Jieun Choi | Chief Of Staff | Leadership |
Kwanhee Cho | Head Of Product Design | Leadership |
Myeongseok Ko | CTO | Leadership |
채연 정 | Promotion Marketer | Team |
Ji Young Y. | 경영기획관리부문 경영기획팀 | Team |
Kyung Eun Yu | Product Designer | Team |
Yeri Hwang | Product Designer | Team |
Minji Moon | Product Designer | Team |
Rayeon Ha | Communication Designer | Team |
Ahreum Kang | Product Designer | Team |
Hyejin Min | Product Designer | Team |
Sunha Kim | Ui/ux Designer | Team |
Seungwoo Maeng | UX Researcher | Team |
Jaewon Kim | Product Designer | Team |
Daye C. | Design System Desinger | Team |
47 more people are available in the full profile.
Complete people profiles for Woowa Bros
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Investments & Acquisitions by Woowa Bros
Woowa Bros has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VietnamMM.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Food discovery and ordering platform is operated in Vietnam. | vietnammm.com | Ho Chi Minh, Vietnam | 2010 | Feb 2019 | β’β’β’β’ |
Complete acquisition details for Woowa Bros
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Timeline of Woowa Bros
6 dated milestones of Woowa Bros across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Woowa Bros is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series E, of $32.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires VietnamMM.
- Exit Acquired by Delivery Hero.
Competitors of Woowa Bros
Woowa Bros has 3 listed competitors in our database. They include Baemin, Yogiyo and Shuttle Delivery.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| baemin.com | 2013 | Seoul, South Korea | Food delivery is enabled via an online ordering platform. | |||
| yogiyo.co.kr | 2012 | Seoul, South Korea | Food orders and deliveries are enabled via an online platform. | |||
| shuttledelivery.co.kr | 2007 | Seoul, South Korea | Food delivery is enabled via an online ordering platform. |
Detailed competitors of Woowa Bros
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Web traffic of Woowa Bros
The website of Woowa Bros (woowahan.com) receives about 165.2K visits a month and ranks #206,054 among all websites worldwide, #2,030 in Graphics Multimedia and Web Design.
- Monthly visits165.2K
▼ 13.8% vs previous month
- Unique visitors105.1K
per month
- Global rank#206,054
among all websites
- Category rank#2,030
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate54%
- Pages per visit2.8
- Average visit1 min 29 sec
- DevicesDesktop 74% Β· Mobile 27%
Websites whose visitors overlap most with Woowa Bros. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
noonnu.cc | noonnu.cc | 100% | #43,075 | β | |
| miricanvas.com | 80% | 680.7K | #3,859 | View details | |
| canva.com | 79% | 876.1M | #35 | View details | |
| baemin.com | 74% | 5.7M | #11,566 | View details | |
toss.tech | toss.tech | 72% | #311,635 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Woowa Bros
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Frequently Asked Questions about Woowa Bros
Woowa Bros was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Woowa Bros is headquartered in Seoul, South Korea. It is registered at Seoul, Seoul, South Korea.
Woowa Bros is a funded company, having raised a total of $131.8M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.8M, raised on Jun 2012.
Woowa Bros has 1,653 employees.
Woowa Bros was founded in 2011 in Seoul, South Korea, within the food delivery sector. Mobile applications for Android and iOS are developed by the company to facilitate connections between restaurants and consumers. On-demand food delivery operations are managed through these platforms, enabling efficient order processing and service delivery in urban areas. The domain woowahan.com supports these activities.
Woowa Bros's top competitors include Yogiyo, Baemin and Shuttle Delivery.
Woowa Bros has made 1 acquisition, including VietnamMM.
Woowa Bros has 12 investors. Key investors include Delivery Hero, Goldman Sachs, Naver, Greenspring Associates, and Hillhouse.
Yes. Woowa Bros was acquired by Delivery Hero in December 2019.
The website of Woowa Bros receives about 165 thousand visits a month and ranks #206,054 among all websites worldwide.