Wefun Overview
- Year Founded
-
2018
- Status
-
IPO Registration
- Employees
-
173
- Latest Deal Type
-
IPO
- (Announced)
- Investors
-
10
Wefun General Information
Description
Operator of an office snacks management company intended to offer workers different snacks. The company sends a snack curator who carries out tailored consulting and recommends new products in order to find the optimal snack, enabling clients to order weekly snacks based on their preferences.
Contact Information
Website
www.wefuncorp.comCorporate Office
- 374, 15th floor, Gangnam-daero
- Gangnam-gu
- Seoul, Guro-gu
- South Korea
Corporate Office
- 374, 15th floor, Gangnam-daero
- Gangnam-gu
- Seoul, Guro-gu
- South Korea
Wefun Timeline
Wefun Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. IPO | 20-Feb-2024 | Announced | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 12-Jul-2023 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 23-Apr-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 18-Oct-2019 | Completed | Generating Revenue | |||
| 1. Seed Round | 09-Jan-2019 | Completed | Startup |
Wefun Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Wefun Executive Team (1)
| Name | Title | Board Seat |
|---|---|---|
| Heon Kim | Chief Executive Officer |
Wefun Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Wefun Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| NOW IB Capital | Venture Capital | Minority | ||
| A Ventures | Venture Capital | Minority | ||
| Hana Bank | PE/Buyout | Minority | ||
| NICE Investment Partners | Venture Capital | Minority | ||
| NongHyup Bank | Corporation | Minority |
Wefun Acquisitions (3)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Ilhwa Logistics | 01-Jun-2024 | Logistics | |||
| NextCNC | 17-Apr-2024 | Other Commercial Services | |||
| Woolin | 30-Jan-2024 | Merger/Acquisition | Distributors/Wholesale |
Wefun Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| NextCNC | Other Commercial Services | Seoul, South Korea | 2011 |
| Woolin | Distributors/Wholesale | Gwangju-si, South Korea |
Wefun FAQs
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When was Wefun founded?
Wefun was founded in 2018.
-
Who is the CEO of Wefun?
Heon Kim is the CEO of Wefun.
-
Where is Wefun headquartered?
Wefun is headquartered in Seoul, South Korea.
-
What is the size of Wefun?
Wefun has 173 total employees.
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What industry is Wefun in?
Wefun’s primary industry is Other Commercial Services.
-
Is Wefun a private or public company?
Wefun is a Private company.
-
What is Wefun’s current revenue?
The current revenue for Wefun is .
-
How much funding has Wefun raised over time?
Wefun has raised $2.08M.
-
Who are Wefun’s investors?
NOW IB Capital, A Ventures, Hana Bank, NICE Investment Partners, and NongHyup Bank are 5 of 10 investors who have invested in Wefun.
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