# Cashmore

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.cashmore.kr/
- Latest round: Seed (Aug 21, 2025)
- Investors on record: 3

## About

Cashmore is a company founded in 2024, based in Seoul, South Korea, that operates a cash-back rewards platform. The company does not have any reported subsidiaries or parent companies. The founder's background is not specified, and there is no mention of previous companies they may have founded. As of April 2026, Cashmore has completed three deals. In April 2026, Cashmore raised an undisclosed amount of pre-series A funding from new investor Laguna Investment. Taehoon Park is leading the firm as CEO as of 2026. 

Cashmore is primarily focused on providing a cash-back rewards platform that enables consumers to receive monetary rewards for their spending. The core offering allows users to earn cash back on purchases made through affiliated retailers, enhancing the shopping experience by providing financial incentives. The service aims to solve the challenge of maximizing consumer spending power, as users can receive an average of 13,000 KRW in cash-back monthly, thereby encouraging repeat usage and brand loyalty. Cashmore targets a diverse customer base, including individual consumers who are looking to optimize their shopping expenditures, particularly in metropolitan areas such as Seoul, where consumer engagement with cash-back programs is increasingly prominent.  

Cashmore’s revenue model revolves around partnerships with retailers and affiliate marketing strategies. The company generates revenue through a commission structure wherein it earns a percentage of sales made through its platform when users complete transactions at partner retailers. This typically involves a direct-to-consumer model, where the cash-back incentives are funded by the promotions and advertisements provided by retailers seeking to attract customers. While specific pricing plans for partnerships and individual services are not disclosed, the transactional framework suggests that Cashmore collaborates closely with retailers to create mutually beneficial arrangements, thereby driving both customer engagement and revenue growth. The cash-back service acts as a flagship offering, positioning Cashmore as a key player in the cash-back and rewards industry.

The company will use the April 2026 funding to accelerate user growth and strengthen partnerships with multiple brands.

## Funding rounds

- Seed, Aug 21, 2025 — Mashup Ventures, Korea Tech Incubator for Startup
- Seed, Feb 3, 2025 — Mashup Ventures, The Ventures

## Investors

- Mashup Ventures (https://capitalatlas.ai/funds/mashup-ventures) — Seed
- The Ventures (https://capitalatlas.ai/funds/the-ventures) — Seed
- Korea Tech Incubator for Startup — Seed