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Balaan

Balaan

Private
SeoulConsumer & Commercehttps://balaan.co.kr

Last Round

Convertible Debt

Feb 28, 2025

Est. Valuation

$25.1M

Total Funding Raised

$62.62M

Company Overview

Balaan is a luxury fashion e-commerce company that provides a diverse selection of clothing, accessories, and jewelry from renowned luxury brands through partnerships with European boutiques.

Sector

Consumer & Commerce

Verticals

E-commerce, Fashion & Beauty

Business Model

B2C

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Application

Keywords

luxury fashion marketplaceluxury e-commercedesigner fashiononline luxury platformB2C marketplaceluxury resellerfashion techluxury goodscourt receivershipcorporate rehabilitatione-commerce platform

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Balaan Comps

Public and private peers based on sector, stage, and business model.

Balaan comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Balaan Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Convertible DebtFeb 28, 2025
Series COct 14, 2022
Series BOct 21, 2021
StrategicNov 10, 2020
Series ADec 20, 2019
Accelerator
Dec 7, 2017

Key People

Founding team and executive leadership

Joonhong Park

Co-Founder Chief Product Officer

Founding Team

최형록

CEO

Executive Team

Hyungjun Choi

COO

Executive Team

Balaan Investors

Notable investors and investment history

Balaan investors
InvestorRounds
Shinhan Venture InvestmentSeries B
SparkLabs GroupPre Seed, Accelerator
SBI Investment KoreaSeries A, Series B
JB Asset ManagementSeries A
Company K PartnersSeries C, Series B
Korea Growth Investment CorporationSeries B
JB InvestmentSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 21, 2021

    $28M round led by Kolon Investment and Company K Partners.

  • Dec 20, 2019

    $9M round with participation from JB Asset Management and Kolon Investment.

Balaan Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Balaan Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Balaan's valuation, stock price, and market status.

Firmographic Details

HeadquartersSeoul
Employee Range35
Year Founded2015
Last FundingFeb 28, 2025

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