Wholesum Co., Ltd.
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Wholesum Co., Ltd. - overview
Established
2021
Location
Seoul, -, South Korea
Primary Industry
Business Support Services
About
Founded in 2021 and based in Seoul, South Korea, Wholesum Co. , Ltd. operates a platform that transforms the entrepreneur journey by discovering, acquiring, and scaling brands' micro-retailer businesses from owners. In August 2022, Wholesum Co.
, Ltd. raised KRW 20 billion in venture funding from Widus Partners, Kingsway Capital, and Nordstar. The company provides a platform for the acquisition of micro-retailer businesses such as product SKUs, trademarks, OEM contracts, and e-commerce pages (reviews, ratings), and uses its technology and post-merger integration across the retail value chain to accelerate sales, enhance profit margins, and create long-term value for stakeholders. The firm's go-to-market approach is to find Korean-made brands that sell primarily on local e-commerce marketplaces.
The organization plans to use the April 2022 funding to expand its position in the e-commerce market.
Current Investors
Bass Ventures, Nordstar, The Ventures
Primary Industry
Business Support Services
Sub Industries
Business Support Services
Company Stage
Series A
Total Amount Raised
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Wholesum Co., Ltd. - employee data
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