Danggeun Market (Karrot)
Danggeun Market (Karrot) is a marketplace / local community company based in Seoul, South Korea, founded in 2015. Hyperlocal second-hand marketplace and community app. It was valued at $2.7bn on 17 August 2021 (Series D funding round ($162m)), which makes it a unicorn in the 311 Unicorn Index.
Part of the 311 Unicorn Index (311institute.com). Last updated .
Source: TechCrunch (KRW 3tn, converted at approx. 1,160 KRW per USD (Aug 2021))
About Danggeun Market (Karrot)
Hyperlocal second-hand marketplace and community app. Lead investors in its latest round: DST Global (lead), Altos, Goodwater, SoftBank Ventures Asia. Website: karrotmarket.com.
How this figure is calculated
The valuation set by the latest priced funding round or company-run share sale, as announced by the company or its lead investor, or reported by a major news organisation. Figures in other currencies are converted at the rate on the day of the round. Talks that have been reported but not closed do not count. This valuation is more than three years old, so it is marked as dated.
Related
- Innovation profile of Seoul
- South Korea: economy and key statistics
- The 311 Unicorn Index
- Global Startups Directory
- Global Investors Directory
- All 311 Indexes
Other unicorns in South Korea
- Toss (Viva Republica) ($7bn)
- Rebellions ($2.34bn)
- DEEPX ($2.2bn)
- Kurly ($1.92bn)
Questions and answers
How much is Danggeun Market (Karrot) worth?
Danggeun Market (Karrot) was valued at $2.7bn on 17 August 2021 (Series D funding round ($162m)), according to the 311 Unicorn Index.
Where is Danggeun Market (Karrot) based?
Danggeun Market (Karrot) is headquartered in Seoul, South Korea.
When was Danggeun Market (Karrot) founded?
Danggeun Market (Karrot) was founded in 2015.
What does Danggeun Market (Karrot) do?
Hyperlocal second-hand marketplace and community app.
Is Danggeun Market (Karrot) a unicorn?
Yes. Danggeun Market (Karrot) is a privately held company valued at $1 billion or more, so it is a unicorn in the 311 Unicorn Index.
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