Rare Inc.
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Rare Inc. - overview
Location
Seoul, -, South Korea
Primary Industry
Consumer Products
About
Based in Seoul, South Korea, and founded in 2015, Rare Inc. , doing business as Raremarket a. k. a.
We11done is a contemporary brand that offers men's and women's clothing and accessories. The company was founded by Dami Kwon and Jessica Jung, and in January 2022, Sequoia Capital China acquired a majority stake in the firm. As of February 2022, We11done is being led by its Chief Executive Officer, Sang Mo Kim. The company operates an online marketplace that sells apparel such as tops, shirts, T-shirts, knitwear, sweatshirts, pants, denim, as well as jewelry and accessories including chains, bracelets, hats, socks, etc, for both men and women.
The acquisition by Sequoia Capital China will support the company’s business growth across China, Europe, and the US.
Current Investors
Primary Industry
Consumer Products
Sub Industries
Clothing, Accessories, Clothing Stores, Web Applications
Website
www.we11-done.com
Verticals
E-commerce
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Rare Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Rare Inc. | - |
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