# BENTLESPACE

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

- Industry: Business Support Services
- Headquarters: Seoul, South Korea
- Website: www.lo-we.kr
- Total disclosed funding: $2.9M
- Latest round: Series A (Nov 22, 2021)
- Investors on record: 4

## About

BENTLESPACE Corp. is a South Korean company specializing in innovative lifestyle solutions that enhance personal well-being and comfort through thoughtfully designed home and lifestyle accessories.Founded in 2017 in Seoul, South Korea, BENTLESPACE Corp. focuses on creating lifestyle products that improve daily experiences. The company has successfully completed 3 deals, with its most recent funding round being Series A, raising KRW 3.5 billion on November 22, 2021, involving investors like Crit Ventures and Golden Oak Investment. The founder, Jae-won Yang, has a background in the industry, although further details of his previous ventures are not disclosed.BENTLESPACE Corp. provides a range of lifestyle solutions aimed at enhancing personal comfort and well-being, with a portfolio that includes innovative home accessories. The company targets both individual consumers and businesses, focusing on urban markets in South Korea, offering products designed to create relaxing and mindful environments.The revenue model of BENTLESPACE Corp. is centered on direct-to-consumer sales through its website and partnerships with selected retail outlets. The pricing strategy reflects the premium nature of its products, targeting consumers who are inclined to invest in high-quality lifestyle enhancements, particularly among mid-to-high income demographics.Following its recent Series A funding of KRW 3.5 billion in November 2021, BENTLESPACE Corp. plans to develop an online and offline beauty platform and increase the number of its stores. This strategy aims to facilitate branch expansion and enhance market penetration, positioning the company to capitalize on growing consumer interest in lifestyle products.

## Funding rounds

- Series A, Nov 22, 2021, $2.9M — Strong Ventures, Ryukyung PSG Asset Management, Golden Oak Investment, Crit Ventures

## Investors

- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A
- Ryukyung PSG Asset Management — Series A
- Golden Oak Investment (https://capitalatlas.ai/funds/golden-oak-investment) — Series A
- Crit Ventures (https://capitalatlas.ai/funds/crit-ventures) — Series A