NEWNEX Inc.

NEWNEX Inc.

Private
SeoulConsumer & Commercehttps://www.brandi.co.kr/

Last Round

Corporate Funding

Dec 1, 2024

Est. Valuation

$62.3M

Total Funding Raised

$112.8M

Company Overview

NEWNEX Inc. is a South Korean e-commerce company that operates vertical commerce platforms, including the fashion shopping app 'Brandi'.

Sector

Consumer & Commerce

Verticals

Mobile Commerce, Retail Technology, Social Commerce

Business Model

B2B2C

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Application

Keywords

fashion marketplacee-commerce fulfillmentK-fashionsocial commerceB2B2C platformone-day deliverymobile commercefashion techinfluencer commercemen's fashionvertical commercefulfillment as a servicedemand predictionAI personalization

Historical Pricing

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NEWNEX Inc. Comps

Public and private peers based on 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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NEWNEX Inc. Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Corporate FundingDec 1, 2024
Series DAug 16, 2022
Series C ExtensionNov 8, 2021
StrategicSep 28, 2020
Series CMar 27, 2020
Series B
Jul 12, 2017

NEWNEX Inc. Investors

Notable investors and investment history

InvestorRounds
DSC InvestmentSeed, Series B, Series C, Series C Extension
K2 Investment PartnersSeries C Extension
SBI Investment KoreaSeries C
DS Asset ManagementSeries C Extension
Korea Investment & Securities Co., Ltd.Series C Extension
Korea Investment & Securities Co., Ltd.Series C
Mirae Asset Venture Investment Co., Ltd.Series D, Series C, Series C Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 1, 2024

    $5.1M raised in a corporate funding round.

  • Aug 16, 2022

    $22.4M round with participation from Atinum Investment and Big Basin Capital.

NEWNEX Inc. Filings

SEC and related filings with document metadata.

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NEWNEX Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSeoul
Year Founded2014
Last FundingDec 1, 2024

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