Bakcha Company
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Bakcha Company - overview
Established
2015
Location
Seongnam, Gyeonggi-do, South Korea
Primary Industry
Internet
About
Based in Seongnam, South Korea, and founded in 2015, Bakcha Company, a. k. a. Spur Company is a mobility asset distribution company that provides an online service for the transfer and acquisition of vehicles between rental companies.
The company combines various types of established ecosystems to long-term rentals, leasing, and used car transfers with IT services after the initial use of vehicles. In May 2022, Bakcha Company raised KRW 2. 5 billion in a Series A funding from Blitz Ventures, LLC and Halla Holdings Corp. As of May 2022, the company employs 16 employees and Joo-Eun Kim is its CEO.
The company provides a digital platform that offers a used car rental handover service, which allows users to transfer used car rentals to the rental company. In addition, the platform also allows individuals to purchase a car. Bakcha Company also provides a mobile application for both Android and iOS users to transform the distribution process for users to use services and vehicles. Bakcha Company plans to use its proceeds from May 2022 funding to expand supply to large domestic mobility service companies through the platform and increase the vehicle purchase market share to 30% within the next 3 years.
Current Investors
Blitz Ventures, LLC, Halla Holdings Corp.
Primary Industry
Internet
Sub Industries
Car Hire Services, Internet
Website
www.company.bakcha.com
Verticals
E-commerce, Mobile Apps
Company Stage
Series A
Total Amount Raised
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