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Newnex

Newnex

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

Last Round

Corporate Funding

Dec 1, 2024

Est. Valuation

$59.5M

Total Funding Raised

$101.64M

Company Overview

Newnex is a South Korean fashion commerce and logistics company that operates the men's fashion platform Hiver and formerly operated the women's fashion platform Brandi.

Sector

Consumer & Commerce

Verticals

E-commerce, Fashion & Beauty, Mobile Commerce, Logistics Software, Supply Chain

Business Model

B2B2C

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Application

Keywords

fashion e-commercefashion marketplacefulfillment serviceDongdaemun market3P marketplacefashion logisticsB2B2C platformmobile commercee-commerce fulfillmentD2Cdirect-to-consumervertical e-commercefashion techthird-party logistics3PL

Historical Pricing

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Caplight Momentum Score

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Newnex Comparables

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Newnex comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Samsung SDS
81%
Kakao Corp.
79%
Musinsa
73%

Newnex Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Corporate FundingDec 1, 2024
Series C ExtensionAug 16, 2022
Series CNov 8, 2021
StrategicAug 4, 2021
StrategicSep 28, 2020
Series B
Mar 27, 2020

Newnex Investors

Notable investors and investment history

Newnex investors
InvestorRounds
한국투자신탁운용Series B
DSC InvestmentSeries B, Series A
K2 Investment PartnersSeries C
SBI Investment KoreaSeries B
Korea Investment & Securities Co., Ltd.Series C
Big Basin CapitalSeries A, Series C Extension
Korea Development BankSeries C Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 4, 2021

    $17M round led by Naver Corporation

  • Mar 27, 2020

    $17.3M round led by Atinum Investment and DSC Investment.

Newnex Filings

SEC and related filings with document metadata.

Data table
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Newnex 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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