Ggumim

Forestry & TimberSeries BSeoul, South Koreaggumim.co.kr

Latest round

Series B

Last raised

Mar 2021

Total raised

$5.7M

Investors

4

About Ggumim

Ggumim, founded in 2014 in Seoul, South Korea, specializes in advanced operational solutions. The company does not have reported subsidiaries or parent firms. The CEO, Gyeonghwan Gil, has previously founded other companies.,Ltd.Ggumim specializes in a range of innovative products designed for diverse sectors. Their core offerings focus on advanced solutions that enhance operational efficiency and user experience, addressing specific challenges faced by clients. These products are engineered for high performance in environments requiring reliability and precision, primarily serving industrial and commercial markets. Their client base spans manufacturers, service providers, and retailers, particularly across Asia, North America, and Europe, indicating a broad geographical reach.Ggumim's revenue structure is based on direct sales and partnerships with key distributors, facilitating a robust flow of transactions. Sales predominantly occur in a B2B environment, where clients purchase products as standalone solutions or integrated service packages. Transactions involve negotiated contracts outlining specific pricing and delivery terms, ensuring tailored solutions for operational needs.5 billion to support various strategic initiatives. This includes the design and launch of upcoming new products, with specific details on release dates pending. The company is also targeting expansion into new markets, particularly focusing on deeper penetration in North America and Europe by 2023.

Who invested in Ggumim

4 investors across 1 round

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Funding rounds

  1. Series B

    Mar 2, 2021

    Amount

    $5.7M

    Investors

    Locked

Questions about Ggumim

Who invested in Ggumim?

Ggumim has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ggumim raised?

Ggumim has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Ggumim last raise money?

Ggumim's most recent round on record is a Series B, in Mar 2021.

What does Ggumim do?

Ggumim, founded in 2014 in Seoul, South Korea, specializes in advanced operational solutions.

Where is Ggumim headquartered?

Ggumim is headquartered in Seoul, South Korea.

Which VCs invest in companies like Ggumim?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back forestry & timber companies at Ggumim's stage. Their profiles are linked below.

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