# Cookat

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

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.cookat.co/
- Total disclosed funding: $43M
- Latest round: Series D (Jun 16, 2021)
- Investors on record: 17

## About

Based in Seoul, South Korea, and founded in 2014, Cookat Inc. operates a cooking recipe and food community channel, known as "What to eat today," and an offline and online food market called Cookat Market that specializes in selling home meal replacements. In 2017, the company launched Cookat Asia channel, a cooking recipe and food video channel, in Vietnam, Hong Kong, Thailand, and other countries in Southeast Asia. The company also launched its offline stores in these countries. In 2018, the company launched its own private brand called Think a body. The current CEO of the company is Moon Joo Lee. In January 2022, GS Retail acquired Cookat Inc. for KRW 55 billion. As part of the deal, NH Investment & Securities invested KRW 30 billion in the company.

Cookat mainly engages in selling ready-made food products in online and offline channels. Consumers can purchase ready-made food products such as fried rice, burrito, chicken, rice cake, soup, etc. on Cookat Market. Cookat Market also operates offline stores in Korea and Hong Kong. Cookat also operates food online community channels known as Studio Cookat on Youtube, Facebook, and other SNS platforms.

In 2020, the company generated KRW 39 billion in sales.

For its future growth plans, Cookat plans to increase its number of offline stores in Southeast Asia.

## Funding rounds

- Series D, Jun 16, 2021, $29M — AJU IB Investment, LB Investment, CJ Investment, Mirae Asset Venture Investment, Premier Partners, T.S. Investment, KT Investment, Signite, Tony Investment
- Series C, Oct 17, 2019, $8.9M — SJ Investment Partners, GS Retail, KB Securities, KNet Investment Partners, STIC Ventures
- Series B, Oct 11, 2016, $4.5M — Capstone Partners, Big Basin Capital, SJ Investment Partners, KNet Investment Partners
- Series A, Feb 10, 2016, $0.5M — Big Basin Capital, SJ Investment Partners
- Series A, Nov 5, 2015, $0.4M — Big Basin Capital
- Seed, Aug 31, 2014, $0.1M — CNT Tech

## Investors

- CNT Tech (https://capitalatlas.ai/funds/cnt-tech) — Seed
- Big Basin Capital (https://capitalatlas.ai/funds/big-basin-capital) — Series A, Series B
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series A, Series B, Series C
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series B
- KNet Investment Partners (https://capitalatlas.ai/funds/knet-investment-partners) — Series B, Series C
- GS Retail — Series C
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series C
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series C
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series D
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series D
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series D
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series D
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series D
- T.S. Investment (https://capitalatlas.ai/funds/t-s-investment) — Series D
- KT Investment (https://capitalatlas.ai/funds/kt-investment) — Series D
- Signite (https://capitalatlas.ai/funds/signite) — Series D
- Tony Investment (https://capitalatlas.ai/funds/tony-investment) — Series D