# GFFG

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

- Industry: Travel & Leisure
- Headquarters: Seoul, South Korea
- Website: www.gffg.co.kr
- Total disclosed funding: $23M
- Latest round: Series A (Dec 5, 2022)
- Investors on record: 2

## About

Founded in 2015 and based in Seoul, South Korea, GFFG, a.k.a. Good Food For Good, operates as a food service company that provides fine dining experiences from various food brands. As of 2022, Lee Joon-beom is the CEO of the company. In December 2022, GFFG raised KRW 30 billion in Series A funding from Altos Ventures and Quad Asset Management.

The company provides a variety of products, including milk cream donuts, classic vanilla donuts, salt milk pancakes, Basque cheesecake, raspberry donuts, Thai donuts, strawberry milky pancakes, white chocolate mint tea, cafe lattes, pure tea, and more. The firm has operated a total of nine food service brands, including Downtowner, Little Neck, Knotted, Wok Tionary, Clap Pizza, and others. It is also involved in food brand development and has several locations in the city.

The organisation generated revenue of KRW 70 billion in 2021.

The enterprise plans to use the December 2022 funding to open a complex cultural store, develop a new brand, expand online commerce, and engage in customer experience marketing.

## Funding rounds

- Series A, Dec 5, 2022, $23M — Altos Ventures, QUAD Investment Management

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A
- QUAD Investment Management (https://capitalatlas.ai/funds/quad-investment-management) — Series A