Funding round
Kurly Series C
Kurly, which works in healthy food ingredient retail in South Korea, raised an undisclosed amount in a Series C round announced on 20 Sep 2018, led by DST Global. 3 firms took part. It is Kurly's first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Kurly did not disclose a valuation in this round. It is Kurly's first venture round on record, 3 years after it was founded in 2015. Kurly raised again 7 months later: a Series D round of $88M in Apr 2019. Its next priced round, a Series E in Apr 2020, valued it at $780M.
Kurly's funding rounds
Kurly has 5 venture rounds on record. This one is highlighted.
- Series C this round 20 Sep 2018, led by DST Global amount not disclosed
- Series D 1 Apr 2019 $88M
- Series E 8 Apr 2020, led by DST Global $150M$780M post-money
- Series F 9 Jul 2021, led by Aspex Management, DST Global and HSG $200M$2.20B post-money
- Growth 19 Dec 2021, led by Anchor Equity Partners $210M$3.30B post-money
Investors
Who put money in
DST Global led the round with 2 other firms.
Lead investor
- DST Global backs 179 venture-backed companies new investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies new investor
- backs 47 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Series C rounds in Groceries:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Udaan Groceries | 1 Sep 2018 | $225M | $1.00B | DST Global and Lightspeed Venture Partners |
| Groceries | 15 May 2018 | $50M | not disclosed | Benchmark Capital |
| Groceries | 26 Jul 2019 | $13M | not disclosed | Arbor Ventures |
Questions
Frequently asked
How much did Kurly raise in its Series C round?
Kurly did not disclose the amount of its Series C round, announced in Sep 2018.
Who led Kurly's Series C round?
DST Global led it, with Sequoia Capital and Translink Capital.
What was Kurly's valuation at the Series C round?
It was not disclosed.
Did Kurly raise again after this round?
Yes: a Series D round in Apr 2019 of $88M.