Rafiq
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Rafiq - overview
Established
2017
Location
Cheonan-si, Chungcheongnamdo, South Korea
Primary Industry
Consumer Products
About
Founded in 2017, and based in Seoul, South Korea, RAFIQ Cosmetics Co. , Ltd. operates as a cosmetic technology company that uses natural plant softening technology to develop cosmetic materials. RAFIQ Cosmetics Co.
, Ltd. develops cosmetic products including toner, essence, serum, ampoule, lotion, cream, gel-cream, eye cream, foam cleanser, gel cleanser, scrub, cleansing water, cleansing oil, cleansing cream, cleansing lotion, remover, shampoo, hair essence, hair tonic, scaler, body cleanser, body cream, body lotion, body mist, body scrub, wish-off pack, sleeping pack, peel-off pack, sheet mask pack, peeling pad, wrinkle function, whitening function, wrinkle, and whitening dual function using natural plant softening technology (SofTech), which softens natural plants such as flowers, leaves, fruit peels, and seaweed and adds them directly to cosmetics. In September 2025, Rafiq raised KRW 15 billion in series B funding led by new investor Kolon Investment, with participation from other new investors WONIK Investment Partners, UbiQuoss Investment, and IBK Venture Investment. Returning investor Hana Ventures also participated in the round.
Current Investors
IBK Capital Corp., Quantum Ventures Korea, Enlight Ventures
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene, Dermatology
Website
www.rafiqcosmetics.com/
Verticals
E-commerce, Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Rafiq - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | 602,328,000 | 443,570,000 | - | - | - |
| % Revenue Growth (YoY) | - | (26.4%) | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | (218,815,000) | (231,944,000) | - | - | - |
| Operating Margin | (36.3%) | (52.3%) | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | - | (175,647,000) | - | - | - |
| % Net Margin | - | (39.6%) | - | - | - |
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.