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KURLY (MARKET KURLY)
Kurly (Market Kurly)
Online grocery delivery / e-commerce · South Korea · Founded · 2014 · ≈ · 673 · employees

Kurly (Market Kurly) Funding — Last Valued at $3.3B

Private

Kurly (Market Kurly) has raised $438M across 2 funding rounds, plus 2 undated rounds. The latest round valued Kurly (Market Kurly) at $2.2B post-money, with Aspex Management, DST Global, Sequoia Capital China, Hillhouse Capital on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Kurly (Market Kurly) funding · at a glance
Total raised, all rounds
$438M
some round sizes not disclosed
Funding rounds
2
plus 2 undated rounds
Latest round
$2.2B
post-money · Jul 2021
Lead on that event
Aspex Management
Millennium Management, CJ Logistics, Atomico, EQT Ventures, KOMPAS VC, Lifeline Ventures
2021
About Kurly (Market Kurly)

Kurly raised $200 million in a Series F round in 2021 led by existing backers Aspex Management, DST Global and Sequoia Capital China with new investor Millennium Management, valuing the company at $2.2 billion, later followed by pre-IPO funding from Anchor Equity Partners, its largest shareholder with a 13.5% stake, at a valuation that fell to 2.5 trillion won by 2023.

Funding timeline

The Kurly (Market Kurly) funding timeline

2 funding rounds, the latest highlighted.

2014
Kurly (Market Kurly) founded

Kurly (Market Kurly) was founded in 2014, South Korea.

UNDATED
Series E, Pre-IPO funding round

No date is disclosed for this round.

APR 2019
Series D

Global Venture Partners. $88M raised, led by Sequoia Capital China, Hillhouse Capital.

Valuation basisAmount$88MPrice / shareLeadSequoia Capital China, Hillhouse Capital
JUL 2021LATEST
Series F at $2.2B post-money

Millennium Management, CJ Logistics, Atomico, EQT Ventures, KOMPAS VC, Lifeline Ventures. $200M raised, led by Aspex Management, DST Global, Sequoia Capital China, Hillhouse Capital.

Valuation basispost-moneyAmount$200MPrice / shareLeadAspex Management, DST Global, Sequoia Capital China, Hillhouse Capital
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Kurly (Market Kurly) funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series F LATEST
Jul 2021
$200M
$2.2Bpost-money
—
Aspex Management, DST Global, Sequoia Capital China, Hillhouse Capital
Millennium Management, CJ Logistics, Atomico, EQT Ventures, KOMPAS VC, Lifeline Ventures
Series D
Apr 2019
$88M
—
—
Sequoia Capital China, Hillhouse Capital
Global Venture Partners
Series E
—
$150M
$780Mpost-money
—
—
DST Global, Hillhouse Capital, Sequoia Capital, Atomico, EQT Ventures, KOMPAS VC, Lifeline Ventures
Pre-IPO funding round
—
—
—
—
—
—
Kurly (Market Kurly) · investors

Investors

Aspex ManagementLEADDST GlobalLEADSSequoia Capital ChinaLEADHHillhouse CapitalLEADCCJ LogisticsSSequoia CapitalSSK Networks

Frequently asked questions

How can I get exposure to Kurly (Market Kurly)?›

The routes section explains what is realistically available for a company at this stage.

Is Kurly (Market Kurly) publicly traded?›

No. Kurly (Market Kurly) is a private company; its shares do not trade on a public exchange.

What is Kurly (Market Kurly)'s valuation?›

The last valuation is $3.3B.

Who has invested in Kurly (Market Kurly)?›

Lead investors for each round are in the funding timeline.

Who are Kurly (Market Kurly)'s competitors?›

The closest online grocery delivery / e-commerce peers are on the competitors page.

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