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Kurly valuation, funding and investors

Kurly works in healthy food ingredient retail, based in South Korea. Founded in 2015, it has about 560 employees.

Groceries Growth Equity
VALUATION · TODAY
$3.30B +0% after Growth
Range $287M – $3.80B · Grade D
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
$5.00B
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series C
Series D $88.0M
Series E $150M
Series F $200M
Growth $210M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY640 employees
+3%6m growth
+7%1y growth
+21%2y growth
250
500
750
Data from Jan 2023
TODAY
Predicted in 1 yr $3.30B +0% vs today
Predicted next raise $376M if a round comes
Winding-down probability 0%
Last round
Growth · $210M · Dec 2021
Valuation at last round
$3.30B
Headcount
640 · flat
Grade
D
Founded
2015
How VCMC values companies →

Kurly valuation today

VCMC values Kurly at $3.3B today, with a range of $287M to $3.8B and a grade of D. The valuation starts from its last funding round, a growth round in Dec 2021.

Valuation by date (148 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Kurly: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2015$2.03M$0.74M – $5.59M$2.13M (+5%)before first round–unknownD0%
1 Feb 2015$2.04M$0.74M – $5.61M$2.14M (+5%)before first round–unknownD0%
1 Mar 2015$2.05M$0.75M – $5.63M$2.15M (+5%)before first round–unknownD0%
1 Apr 2015$2.06M$0.75M – $5.65M$2.16M (+5%)before first round–unknownD0%
1 May 2015$2.07M$0.75M – $5.67M$2.16M (+5%)before first round–unknownD0%
1 Jun 2015$2.07M$0.75M – $5.70M$2.17M (+5%)before first round–unknownD0%
1 Jul 2015$2.08M$0.76M – $5.72M$2.18M (+5%)before first round–unknownD0%
1 Aug 2015$2.09M$0.76M – $5.74M$2.24M (+7%)before first round–unknownD0%
1 Sep 2015$2.10M$0.76M – $5.76M$2.30M (+10%)before first round–unknownD0%
1 Oct 2015$2.11M$0.77M – $5.79M$2.36M (+12%)before first round–unknownD0%
1 Nov 2015$2.11M$0.77M – $5.81M$2.42M (+15%)before first round–unknownD0%
1 Dec 2015$2.12M$0.77M – $5.83M$2.49M (+17%)before first round–unknownD0%
1 Jan 2016$2.13M$0.78M – $5.85M$2.55M (+20%)before first round–unknownD0%
1 Feb 2016$2.14M$0.78M – $5.88M$2.62M (+23%)before first round–unknownD0%
1 Mar 2016$2.15M$0.78M – $5.90M$2.69M (+25%)before first round–unknownD0%
1 Apr 2016$2.16M$0.78M – $5.92M$2.76M (+28%)before first round–unknownD0%
1 May 2016$2.16M$0.79M – $5.95M$2.84M (+31%)before first round–unknownD0%
1 Jun 2016$2.17M$0.79M – $5.97M$2.91M (+34%)before first round–unknownD0%
1 Jul 2016$2.18M$0.79M – $5.99M$2.99M (+37%)before first round–unknownD0%
1 Aug 2016$2.24M$0.82M – $6.15M$3.07M (+37%)before first round–unknownD0%
1 Sep 2016$2.30M$0.84M – $6.32M$3.15M (+37%)before first round–unknownD0%
1 Oct 2016$2.36M$0.86M – $6.48M$3.24M (+37%)before first round–unknownD0%
1 Nov 2016$2.42M$0.88M – $6.66M$3.32M (+37%)before first round–unknownD0%
1 Dec 2016$2.49M$0.91M – $6.84M$3.41M (+37%)before first round–unknownD0%
1 Jan 2017$2.55M$0.93M – $7.02M$3.50M (+37%)before first round–unknownD0%
1 Feb 2017$2.62M$0.96M – $7.21M$3.60M (+37%)before first round–unknownD0%
1 Mar 2017$2.69M$0.98M – $7.38M$3.69M (+37%)before first round–unknownD0%
1 Apr 2017$2.76M$1.01M – $7.58M$3.79M (+37%)before first round–unknownD0%
1 May 2017$2.83M$1.03M – $7.78M$3.88M (+37%)before first round–unknownD0%
1 Jun 2017$2.91M$1.06M – $7.99M$3.99M (+37%)before first round–unknownD0%
1 Jul 2017$2.99M$1.09M – $8.20M$4.10M (+37%)before first round–unknownD0%
1 Aug 2017$3.07M$1.12M – $8.43M$4.21M (+37%)before first round–unknownD0%
1 Sep 2017$3.15M$1.15M – $8.66M$4.32M (+37%)before first round–unknownD0%
1 Oct 2017$3.23M$1.18M – $8.88M$4.43M (+37%)before first round–unknownD0%
1 Nov 2017$3.32M$1.21M – $9.12M$4.55M (+37%)before first round–unknownD0%
1 Dec 2017$3.41M$1.24M – $9.36M$4.67M (+37%)before first round–unknownD0%
1 Jan 2018$3.50M$1.28M – $9.62M$4.80M (+37%)before first round–unknownD0%
1 Feb 2018$3.60M$1.31M – $9.88M$4.93M (+37%)before first round–unknownD0%
1 Mar 2018$3.69M$1.34M – $10.1M$5.05M (+37%)before first round–unknownD0%
1 Apr 2018$3.79M$1.38M – $10.4M$5.19M (+37%)before first round–unknownD0%
1 May 2018$3.88M$1.41M – $10.7M$5.33M (+37%)before first round–unknownD0%
1 Jun 2018$3.99M$1.45M – $11.0M$5.47M (+37%)before first round–unknownD0%
1 Jul 2018$4.10M$1.49M – $11.2M$5.61M (+37%)before first round–unknownD0%
1 Aug 2018$4.21M$1.53M – $11.6M$5.67M (+35%)before first round–unknownD0%
1 Sep 2018$4.32M$1.57M – $11.9M$5.72M (+32%)before first round–unknownD0%
21 Sep 2018$400M$201M – $1.0B$520M (+30%)after a round–unknownC0%
1 Oct 2018$403M$201M – $1.0B$520M (+29%)after a round–unknownC0%
1 Nov 2018$412M$201M – $1.0B$520M (+26%)after a round–unknownC0%
1 Dec 2018$421M$201M – $1.0B$520M (+23%)after a round–unknownC0%
1 Jan 2019$431M$201M – $1.0B$520M (+21%)after a round–unknownC0%
1 Feb 2019$440M$201M – $1.0B$520M (+18%)after a round–unknownC0%
1 Mar 2019$449M$201M – $1.0B$520M (+16%)after a round–unknownC0%
1 Apr 2019$744M$524M – $1.4B$967M (+30%)after a round–unknownB0%
2 Apr 2019$745M$524M – $1.4B$967M (+30%)after a round–unknownB0%
1 May 2019$760M$524M – $1.4B$967M (+27%)after a round–unknownB0%
1 Jun 2019$777M$524M – $1.4B$967M (+24%)after a round–unknownB0%
1 Jul 2019$794M$524M – $1.4B$967M (+22%)after a round–unknownB0%
1 Aug 2019$812M$524M – $1.4B$967M (+19%)after a round–unknownB0%
1 Sep 2019$831M$524M – $1.4B$967M (+16%)after a round–unknownB0%
1 Oct 2019$849M$524M – $1.4B$967M (+14%)after a round–unknownB0%
1 Nov 2019$868M$524M – $1.4B$967M (+11%)after a round–unknownB0%
1 Dec 2019$887M$524M – $1.4B$967M (+9%)after a round–unknownB0%
1 Jan 2020$907M$524M – $1.4B$967M (+7%)after a round–unknownB0%
1 Feb 2020$927M$524M – $1.4B$967M (+4%)after a round–unknownB0%
1 Mar 2020$947M$524M – $1.4B$967M (+2%)after a round–unknownB0%
1 Apr 2020$967M$524M – $1.4B$967M (0%)after a round–unknownB0%
9 Apr 2020$781M$678M – $1.2B$1.0B (+30%)after a round–unknownA0%
1 May 2020$793M$678M – $1.2B$1.0B (+28%)after a round–unknownA0%
1 Jun 2020$811M$678M – $1.2B$1.0B (+25%)after a round–unknownA0%
1 Jul 2020$829M$678M – $1.2B$1.0B (+22%)after a round–unknownA0%
1 Aug 2020$847M$678M – $1.2B$1.0B (+20%)after a round–unknownA0%
1 Sep 2020$866M$678M – $1.2B$1.0B (+17%)after a round–unknownA0%
1 Oct 2020$885M$678M – $1.2B$1.0B (+15%)after a round–unknownA0%
1 Nov 2020$905M$678M – $1.2B$1.0B (+12%)after a round–unknownA0%
1 Dec 2020$925M$678M – $1.2B$1.0B (+10%)after a round–unknownA0%
1 Jan 2021$946M$678M – $1.2B$1.0B (+7%)after a round–unknownA0%
1 Feb 2021$967M$678M – $1.2B$1.0B (+5%)after a round–unknownA0%
1 Mar 2021$987M$678M – $1.2B$1.0B (+3%)after a round–unknownA0%
1 Apr 2021$1.0B$678M – $1.2B$1.0B (+1%)after a round–unknownA0%
1 May 2021$1.0B$655M – $1.2B$1.0B (0%)after a round–unknownA0%
1 Jun 2021$1.0B$626M – $1.2B$1.0B (0%)after a round–unknownB0%
1 Jul 2021$1.0B$598M – $1.2B$1.0B (0%)after a round–unknownB0%
10 Jul 2021$2.2B$1.9B – $3.3B$2.9B (+30%)after a round–unknownA0%
1 Aug 2021$2.2B$1.9B – $3.3B$2.9B (+28%)after a round–unknownA0%
1 Sep 2021$2.3B$1.9B – $3.3B$2.9B (+25%)after a round–unknownA0%
1 Oct 2021$2.3B$1.9B – $3.3B$2.9B (+22%)after a round–unknownA0%
1 Nov 2021$2.4B$1.9B – $3.3B$2.9B (+20%)after a round–unknownA0%
1 Dec 2021$2.4B$1.9B – $3.3B$2.9B (+17%)after a round–unknownA0%
20 Dec 2021$3.3B$2.9B – $4.2B$3.6B (+10%)after a round–unknownA0%
1 Jan 2022$3.3B$2.9B – $4.2B$3.6B (+10%)after a round–unknownA0%
1 Feb 2022$3.3B$2.9B – $4.2B$3.6B (+9%)after a round–unknownA0%
1 Mar 2022$3.4B$2.9B – $4.2B$3.6B (+8%)after a round–unknownA0%
1 Apr 2022$3.4B$2.9B – $4.2B$3.6B (+7%)after a round–unknownA0%
1 May 2022$3.4B$2.9B – $4.2B$3.6B (+6%)after a round–unknownA0%
1 Jun 2022$3.4B$2.9B – $4.2B$3.6B (+5%)after a round–unknownA0%
1 Jul 2022$3.5B$2.9B – $4.2B$3.6B (+5%)after a round–unknownA0%
1 Aug 2022$3.5B$2.9B – $4.2B$3.6B (+4%)after a round–unknownA0%
1 Sep 2022$3.5B$2.9B – $4.2B$3.6B (+3%)after a round–unknownA0%
1 Oct 2022$3.6B$2.9B – $4.2B$3.6B (+2%)after a round–unknownA0%
1 Nov 2022$3.6B$2.9B – $4.2B$3.6B (+1%)after a round–unknownA0%
1 Dec 2022$3.6B$2.9B – $4.2B$3.6B (0%)after a round–unknownA0%
1 Jan 2023$3.6B$2.8B – $4.2B$3.6B (0%)after a round400unknownA0%
1 Feb 2023$3.6B$2.7B – $4.2B$3.6B (0%)after a round400unknownA0%
1 Mar 2023$3.6B$2.5B – $4.2B$3.6B (0%)after a round400unknownA0%
1 Apr 2023$3.6B$2.4B – $4.2B$3.6B (0%)after a round400unknownA0%
1 May 2023$3.6B$2.3B – $4.2B$3.6B (0%)after a round400unknownA0%
1 Jun 2023$3.6B$2.2B – $4.2B$3.6B (0%)after a round400unknownB0%
1 Jul 2023$3.6B$2.1B – $4.2B$3.6B (0%)after a round400unknownB0%
1 Aug 2023$3.6B$2.0B – $4.2B$3.6B (0%)after a round400unknownB0%
1 Sep 2023$3.6B$1.9B – $4.2B$3.6B (0%)after a round400unknownB0%
1 Oct 2023$3.6B$2.2B – $4.2B$3.6B (0%)after a round470upB0%
1 Nov 2023$3.6B$2.2B – $4.2B$3.6B (0%)after a round470upB0%
1 Dec 2023$3.6B$2.1B – $4.2B$3.6B (0%)after a round470upB0%
1 Jan 2024$3.6B$1.9B – $4.2B$3.6B (0%)after a round470upB0%
1 Feb 2024$3.6B$1.8B – $4.2B$3.6B (-1%)after a round470upB0%
1 Mar 2024$3.6B$1.8B – $4.2B$3.6B (-1%)after a round470upB0%
1 Apr 2024$3.6B$1.7B – $4.2B$3.6B (-1%)after a round470upB0%
1 May 2024$3.6B$1.6B – $4.2B$3.6B (-2%)after a round470upB0%
1 Jun 2024$3.6B$1.6B – $4.2B$3.6B (-2%)after a round470upB0%
1 Jul 2024$3.6B$1.5B – $4.2B$3.6B (-1%)after a round530upB0%
1 Aug 2024$3.6B$1.5B – $4.2B$3.5B (-3%)after a round530upB0%
1 Sep 2024$3.6B$1.4B – $4.2B$3.5B (-4%)after a round530upB0%
1 Oct 2024$3.6B$1.4B – $4.2B$3.5B (-4%)after a round530upB0%
1 Nov 2024$3.6B$1.3B – $4.2B$3.5B (-4%)after a round540upB0%
1 Dec 2024$3.6B$1.3B – $4.2B$3.5B (-4%)after a round540upB0%
1 Jan 2025$3.6B$1.0B – $4.2B$3.5B (-4%)after a round560upC0%
1 Feb 2025$3.6B$1.0B – $4.2B$3.5B (-4%)after a round560upC0%
1 Mar 2025$3.6B$968M – $4.1B$3.5B (-4%)after a round560upC0%
1 Apr 2025$3.6B$928M – $4.1B$3.5B (-4%)after a round560upC0%
1 May 2025$3.6B$890M – $4.1B$3.4B (-5%)after a round560upC0%
1 Jun 2025$3.6B$853M – $4.1B$3.4B (-5%)after a round560upC0%
1 Jul 2025$3.6B$819M – $4.1B$3.5B (-3%)after a round596upC0%
1 Aug 2025$3.6B$785M – $4.1B$3.5B (-3%)after a round598upC0%
1 Sep 2025$3.6B$752M – $4.1B$3.5B (-3%)after a round598upC0%
1 Oct 2025$3.5B$722M – $4.0B$3.3B (-5%)after a round597upC0%
1 Nov 2025$3.5B$692M – $4.0B$3.3B (-5%)after a round597upC0%
1 Dec 2025$3.5B$664M – $4.0B$3.3B (-5%)after a round610upC0%
1 Jan 2026$3.4B$709M – $4.0B$3.3B (-4%)after a round610upC0%
1 Feb 2026$3.4B$681M – $4.0B$3.3B (-4%)after a round622upC0%
1 Mar 2026$3.4B$657M – $3.9B$3.3B (-3%)after a round622upC0%
1 Apr 2026$3.4B$632M – $3.9B$3.3B (-2%)after a round622upC0%
1 May 2026$3.4B$608M – $3.9B$3.3B (-3%)after a round640upC0%
1 Jun 2026$3.3B$584M – $3.8B$3.3B (-1%)after a round640upC0%
1 Jul 2026$3.3B$562M – $3.8B$3.3B (-1%)after a round640upC0%
1 Aug 2026$3.3B$328M – $3.8B$3.3B (0%)after a round640flatD0%
1 Sep 2026$3.3B$311M – $3.8B$3.3B (0%)after a round640flatD0%
1 Oct 2026$3.3B$296M – $3.8B$3.3B (0%)after a round640flatD0%
24 Oct 2026$3.3B$287M – $3.8B$3.3B (0%)after a round640flatD0%

Key facts about Kurly

Founded
2015
Headquarters
South Korea
Employees
about 560 +19% in a year
Total raised
$648M
Funding rounds
5
Last round
Growth Equity Dec 2021

Kurly was founded in 2015 by Kim Seul-ah and Sophie Kim.

Kurly funding history

Kurly has 5 funding rounds on record, from Sep 2018 to Dec 2021, $648M in total. The latest disclosed valuation is $3.30B post-money (Growth Equity, Dec 2021).

  1. Growth Equity 19 Dec 2021

    Led by Anchor Equity Partners.

    Sources: techfundingnews.com, techcrunch.com, pymnts.com and 6 more

    $210M

    $3.30B post-money

  2. Series F 9 Jul 2021

    Led by Aspex Management, DST Global, HSG, Hillhouse; with Millennium Management, CJ Logistics Corporation.

    Sources: techcrunch.com, thespoon.tech, asiatechdaily.com and 2 more

    $200M

    $2.20B post-money

  3. Series E 8 Apr 2020

    Led by DST Global; with Sequoia Capital, Hillhouse Capital, SK Networks, Translink Capital, Fuse Venture Partners, Aspex Management.

    Sources: agfundernews.com, finance.yahoo.com, fuseventure.partners and 2 more

    $150M

    $780M post-money

  4. Series D 1 Apr 2019

    With GVP Investments, HSG.

    Sources: finsmes.com, pulse2.com, fuseventure.partners

    $88M

  5. Series C 20 Sep 2018

    Led by DST Global; with Sequoia Capital, Translink Capital.

    Amount undisclosed

Kurly investors

14 investors have backed Kurly; DST Global, Aspex Management and HSG and 2 more led at least one round.

What Kurly does

Kurly works in groceries, with 9 recorded offerings and customers in food and beverage, beauty and personal care, fashion and lifestyle.

Kurly (컬리) is a South Korean company engaged in the sale of healthy food ingredients, beauty, and lifestyle products. The company operates primarily in South Korea, offering a range of products including fashion, living, and new arrivals, and serves both individual consumers and businesses through its online platform.

Description from Veridion's company data.

Products and services

  • Healthy Food Ingredient Retail
  • Beauty and Lifestyle Product Retail
  • Fashion and Living Product Retail
  • New Arrival Product Retail
  • Curated Product Selection Services
  • Direct-to-Consumer Delivery Services
  • Next-Day Delivery Services
  • Promotional Product Delivery Services
  • 1:1 Product Consultation Services

Markets

  • Food and Beverage
  • Beauty and Personal Care
  • Fashion
  • Lifestyle

Supply chain

  • Direct-to-Consumer Distribution

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Retail
  • Wholesale
  • E-commerce

Industry codes (NAICS)

  • 445298 All Other Specialty Food Retailers 35% match
  • 456120 Cosmetics, Beauty Supplies, and Perfume Retailers 35% match
  • 424490 Other Grocery and Related Products Merchant Wholesalers 30% match

Questions about Kurly

What is Kurly worth?

Valuation $3.3B (range $287M to $3.8B), as of 24 Oct 2026. The last disclosed valuation was $3.30B (Growth Equity, Dec 2021).

Has Kurly raised money?

Kurly has 5 funding rounds on record, from Sep 2018 to Dec 2021, $648M in total. The latest disclosed valuation is $3.30B post-money (Growth Equity, Dec 2021).

Who has invested in Kurly?

DST Global, Aspex Management, HSG, Anchor Equity Partners, Hillhouse and Sequoia Capital, and 8 more. Lead investors include DST Global, Aspex Management, HSG and Anchor Equity Partners.

How many people work at Kurly?

About 560, up 19% over the last year. Headcount grew from 400 in Jan 2023 to 640 in May 2026.

What does Kurly do?

Kurly works in groceries, with 9 recorded offerings and customers in food and beverage, beauty and personal care, fashion and lifestyle. Its main offerings are healthy food ingredient retail, beauty and lifestyle product retail and fashion and living product retail.

When was Kurly founded, and where is it based?

Kurly was founded in 2015 and is based in South Korea. It has about 560 employees, up 19% over the last year.