# Backpackr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/backpackr

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.backpac.kr
- Total disclosed funding: $16M
- Latest round: Series C (Dec 30, 2022)
- Investors on record: 6

## About

Based in Seoul, South Korea, and founded in 2012, Backpackr Inc. operates an online shopping mall known as 'idus', where individual designers and artists are able to sell handmade products such as food, clothing, and various trinkets. The company also operates the crowdsourcing platform 'tumblbug.' In December 2022, Backpackr Inc. raised KRW 2O billion in series C funding from new investors Axiom Asia Private Capital and Venderbilt University, with participation from returning investors Altos Ventures and Stonebridge Ventures. The company generated revenue of KRW 54.4 billion in 2021. Backpackr Inc. will use the December funding to advance into overseas markets such as Southeast Asia, Japan, and the US, and upgrade the services of its 'idus' and 'tumblbug' platforms.

## Funding rounds

- Series C, Dec 30, 2022, $16M — Altos Ventures, Axiom Asia Private Capital, Vanderbilt University, Stonebridge Ventures
- Series B, May 24, 2016 — Altos Ventures, IMM Investment, Daekyo Investment

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series B, Series C
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series B
- Daekyo Investment (https://capitalatlas.ai/funds/daekyo-investment) — Series B
- Axiom Asia Private Capital (https://capitalatlas.ai/funds/axiom-asia-private-capital) — Series C
- Vanderbilt University — Series C
- Stonebridge Ventures — Series C