SummercePlatform Inc.
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SummercePlatform Inc. - overview
Established
1999
Location
Seoul, -, South Korea
Primary Industry
Internet
About
Located in South Korea, SummercePlatform Inc. operates as a price comparison platform, assisting consumers in finding the best prices across various product categories, including electronics and fashion. Founded in 1999 and headquartered in Seoul, South Korea, SummercePlatform Inc. specializes in facilitating price comparisons for consumers.
The company has executed a total of 11 deals. In its most recent funding round on June 1, 2022, the company raised KRW 100,000 mn through an Add-on, Trade Sale led by KOREACENTER, increasing the total amount raised to KRW 9,966. 904 mn. The CEO of the company is Moon Choi.
Enuri, the brand under SummercePlatform Inc. , functions as a comprehensive price comparison platform for consumers seeking competitive prices on electronics, home appliances, fashion items, and health products. The platform aggregates real-time product information and pricing, empowering users to make informed purchasing decisions and catering to a diverse audience of individual consumers and small businesses across South Korea. In the most recent fiscal year 2024, SummercePlatform Inc.
reported a revenue of KRW 23,106,703. 3, with an EBITDA of KRW 3,845,060. 4. Looking forward, SummercePlatform Inc.
plans to enhance its product offerings while targeting expansion into additional markets. The recent funding round will support these initiatives, although specific details on upcoming products and regions have not been disclosed.
Current Investors
Samho Green Investment, STIC Investments, Yuanta Investment
Primary Industry
Internet
Sub Industries
Internet
Website
www.enuri.com
Verticals
E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
SummercePlatform 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | SummercePlatform Inc. | - | ||||||||
| Secondary Buyout | Completed | SummercePlatform Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | SummercePlatform Inc. | - | ||||||||
| Secondary Buyout | Completed | SummercePlatform Inc. | - | ||||||||
| Growth | Completed | SummercePlatform Inc. | - |
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