Tech Company Financing Transactions
Levit Funding Round
On 6/27/2023, Levit raised $46 million in Series B financing from DST Global, Bond Capital and GS Venture.
Transaction Overview
Company Name
Announced On
6/27/2023
Transaction Type
Venture Equity
Amount
$46,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Number 1, 3rd floor, 39 Nambusunhwan-ro 220-gil
Gwanak-gu Seoul, Undisclosed
KR
Gwanak-gu Seoul, Undisclosed
KR
Phone
Undisclosed
Website
Email Address
Overview
Operator of a shopping platform intended to provide lower prices through direct sales from producers. The company's platform features the ability to provide a discovery-based interface and recommendation algorithm to aggregate demand at a high speed through team purchasing, enabling businesses to sell to buyers who jointly purchase products with acquaintances such as friends and family and generate a large number of sales without additional marketing costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jaeyun Kang
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We document every notable VC transaction. All VC database entries reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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