# Gatda

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.bbegi.com
- Total disclosed funding: $0.9M
- Latest round: Series A (May 3, 2021)
- Investors on record: 1

## About

Based in South Korea, Gatda Corp. provides innovative waste management solutions through its mobile application, facilitating the collection and disposal of large waste materials efficiently and responsibly.Founded in 2018 and headquartered in Seoul, South Korea, Gatda Corp. specializes in large waste disposal services. The company has closed 6 deals, with its most recent funding round occurring on May 17, 2022, where it raised KRW 2.5 billion with participation from investors including Hana Securities and IGIS Asset Management.The company, ?? (Bbaegi), specializes in the collection and disposal of large waste materials through a mobile application. This service allows users to conveniently request the pick-up of bulky items without needing to visit local government offices or purchase disposal stickers. The app caters to residential users facing challenges with large item disposal, ensuring responsible waste management through verified partners and offering options to sell usable items or donate clothing and books, promoting sustainability in urban areas of South Korea.Revenue generation for ?? is primarily driven through transactional-based models where customers pay for the disposal of large waste items via their app. Users submit requests detailing the items for collection, with payments processed directly through the platform. The business operates in a B2C capacity, serving individual users, with potential B2B partnerships for bulk waste management. Pricing structures are based on the type and volume of items, ensuring transparency and facilitating immediate payment upon request.In May 2022, Gatda Corporation raised KRW 2.5 billion in venture funding from returning investor Quantum Ventures Korea, with participation from new investors IGIS Asset Management and Hana Securities. The company will utilize this funding to expand its operations and enhance vertical integration of data and logistics distribution. Future plans include launching new features in their app and expanding their services into additional urban markets in South Korea by the end of 2023.

## Funding rounds

- Series A, May 3, 2021, $0.9M — Quantum Ventures Korea

## Investors

- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series A