# BLACK CIRCLES

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/black-circles

- Industry: Internet
- Headquarters: Icheon, South Korea
- Website: www.blackcircles.co.kr
- Total disclosed funding: $4.7M
- Latest round: Series B (Jun 3, 2024)
- Investors on record: 5

## About

Based in Seoul, South Korea, and founded in 2018 by its CEO, Jong-pil Lee, Dealertire Co., Ltd., trading under the name BLACK CIRCLES, operates as a web services platform dedicated to e-retailing of tires. In June 2024, BLACK CIRCLES raised KRW 5 billion in series B funding from HL Holdings Corp., Korea Development Bank, ES Investor, TBT Partners, and Strong Ventures.

Dealertire Co., Ltd. provides a business-to-business distribution solution through the digitization of tire products, prices, and inventory information. The company provides automobile products, including tires, batteries, equipment, tools, and expendables. It also provides a delivery service.

## Funding rounds

- Series B, Jun 3, 2024, $3.6M — Korea Development Bank, Strong Ventures, ES Investor, TBT Partners, HL Holdings Corp.
- Series A, Oct 17, 2022, $1M — Strong Ventures, HL Holdings Corp.

## Investors

- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A, Series B
- HL Holdings Corp. — Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- ES Investor (https://capitalatlas.ai/funds/es-investor) — Series B
- TBT Partners (https://capitalatlas.ai/funds/tbt-partners) — Series B