Korbit Overview

  • Founded
  • 2013
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $90M
Latest Deal Amount

Korbit General Information

Description

Operator of a bitcoin exchange platform designed to offers bitcoin wallet and merchant processing services. The company's bitcoin exchange platform uses blockchain technology to transfer money globally in less than thirty minutes, enabling users to exchange, buy and sell bitcoins with bank level security.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Parent Company
Primary Office
  • 376 Gangnam-daero 5th Floor
  • Gangnam-gu
  • Seoul, 135-080
  • South Korea
+82 0000-0000
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Korbit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 26-Sep-2017 $90M 00.000 00000 Completed Generating Revenue
4. Accelerator/Incubator 01-Feb-2015 00.000 Completed Startup
3. Early Stage VC (Series A) 25-Aug-2014 000 00.000 Completed Startup
2. Angel (individual) 20-Jan-2014 $400K $516K Completed Startup
1. Seed Round 01-Aug-2013 $116K $116K Completed Startup
To view Korbit’s complete valuation and funding history, request access »

Korbit Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of a bitcoin exchange platform designed to offers bitcoin wallet and merchant processing services. The company'
Financial Software
Seoul, South Korea
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Seongnam, South Korea
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000.00
00000000000 000.00

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000000000 00000000
London, United Kingdom
00 As of 0000
000.00
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Korbit Competitors (50)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Coinplug Venture Capital-Backed Seongnam, South Korea 00 000.00 00000000000 000.00
0000000000 Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
00000000 Formerly VC-backed London, United Kingdom 000 0000 000000&0 0000
0000000 Venture Capital-Backed Bangalore, India 00 000 00000000000 000
00000000 Venture Capital-Backed Singapore, Singapore 00 000000000000
You’re viewing 5 of 50 competitors. Get the full list »

Korbit Executive Team (6)

Name Title Board Seat Contact Info
Tony Lyu Co-Founder & Chief Executive Officer
Jason Park Chief Technology Officer and Engineering Lead
Yoo Young-Seok Co-Founder
You’re viewing 3 of 6 executive team members. Get the full list »

Korbit Former Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
BAM Ventures Venture Capital Minority 000 0000 000000 0
Barry Silbert Angel (individual) Minority 000 0000 000000 0
Blackbox Accelerator/Incubator Minority 000 0000 000000 0
David Lee Angel (individual) Minority 000 0000 000000 0
Digital Currency Group Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 18 investors. Get the full list »