Funding round
MUSINSA Growth
Reported as "Growth Equity"
MUSINSA, which works in fashion product retail and distribution in Seoul, raised $152M in a Growth round announced on 1 Jan 2019, led by Sequoia Capital, at a $758M post-money valuation. 1 firm took part. It is MUSINSA's first venture round on record.
$152M
Amount raised
$758M
Post-money valuation
1
Investors
1 lead
20%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced MUSINSA at $758M after the new money. The $152M bought investors about 20% of the company. It is MUSINSA's first venture round on record, 18 years after it was founded in 2001. It is 33% of the $457M MUSINSA has raised in the venture rounds on record. MUSINSA raised again 38 months later: a Growth round of $115M in Mar 2022, at $2.20B post-money.
Investors
Who put money in
Sequoia Capital led the round.
Lead investor
- Sequoia Capital backs 589 venture-backed companies new investor
Comparable rounds
How it compares
5 Growth rounds in Clothing Stores within a year either side disclosed an amount; the median was $57M, and this round was 2.7 times the median. The closest in time, other companies' Growth rounds in Clothing Stores:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clothing Stores | 13 Feb 2019 | $57M | not disclosed | QuattroR |
| Clothing Stores | 20 May 2019 | $11M | not disclosed | Knuru |
| Clothing Stores | 30 Jul 2018 | $8.7M | not disclosed | Middle East Venture Partners |
| Authentic Clothing Stores | 11 Aug 2019 | $875M | $4.00B | BlackRock Long Term Private Capital |
| Clothing Stores | 15 Jun 2018 | $82M | not disclosed | FSI Mid-Market Growth Equity Fund |
| Clothing Stores | 2 Oct 2019 | undisclosed | not disclosed | not named |
| Clothing Stores | 11 Nov 2019 | undisclosed | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did MUSINSA raise in its Growth round?
MUSINSA raised $152M in its Growth round, announced in Jan 2019.
Who led MUSINSA's Growth round?
Sequoia Capital led it.
What was MUSINSA's valuation at the Growth round?
$758M post-money.
How does it compare with other Growth rounds in Clothing Stores?
5 Growth rounds in Clothing Stores within a year either side disclosed an amount; the median was $57M, and this round was 2.7 times the median.
Did MUSINSA raise again after this round?
Yes: a Growth round in Mar 2022 of $115M at $2.20B post-money.