Market Kurly

Market Kurly is an online service that delivers fresh groceries at your doorstep.

Market Kurly provides fresh and healthy food supplies to the growing working class members of Korean households, with the money to buy but no time to go to the market.

Kurly was founded in 2015 by Sophie Kim. The company is headquartered Gangnam-gu, Seoul, South Korea.

 

Market Kurly delivers premium grocery and food products to its users through online orders made before 11 pm each day and it’s delivered at the consumer’s home before 7 am the next day.

 

Kurly has been the leader in e-Commerce innovation. They have built a consumer-centric brand focused on superior product quality and user experience.

 

Kurly claims to have a total of 10 million users, out of which more than 2.4 million are monthly active user.

 

Kurly is backed by Aspex Management, DST Global, Sequoia Capital China, Anchor Equity Partners, Hillhouse Capital, MiraeAsset Venture Investment, CJ Logistics, SK Networks, and others. The company closed $210M in a pre-IPO round on Dec 20, 2021. This brings Kurly's total funding to $756M to date. The latest investment valued the company at $3.3B, up from their previous $2.2B valuation gained after a Series F raised in Jul 2021.

 

 

  • Year founded: 2015
  • Funding Info: $756M over 9 Rounds (Latest Funding Type: pre-IPO Equity)
  • Yearly Revenue: 952.3 billion won (2020)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $3.3B as of Dec 20, 2021
  • City/Town: Gangnam-gu
  • State: Seoul
  • Country: South Korea
Related businesses