# Kurly

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

- Industry: Consumer Services
- Headquarters: Seoul, South Korea
- Website: www.kurly.com
- Total disclosed funding: $558M
- Latest round: Series F (Jul 9, 2021)
- Investors on record: 19

## About

Founded in 2014 and based in Seoul, South Korea, Kurly Inc. was established by CEO Seul-ah Kim to provide storage, packaging, and delivery of goods to customers. The company operates a full cold chain delivery system built through a refrigerated warehouse dedicated to food storage temperature for different items. In May 2026, Kurly Inc. raised KRW 33 billion in venture funding from Naver, valuing the company at approximately KRW 2.8 trillion post-money.

The company operates a food delivery and logistics platform called Market Kurly that offers a next-day delivery service wherein items ordered by 11pm will be delivered by 7am the following day, and products ordered by 8pm from any point in the country will be delivered the next afternoon.

Kurly Inc. plans to use the May 2026 funding to further grow its grocery customer base and advance logistics utilization.

## Funding rounds

- Series F, Jul 9, 2021, $197M — Hong Shan, Millennium Management, DST Global, Hillhouse Investment, Aspex Management, CJ Logistics Corporation
- Series E, May 9, 2020, $164M — Hong Shan, DST Global, Hillhouse Investment, SEMA Translink Investment, Fuse Venture Partners, Aspex Management, SK Networks
- Series D, Jun 1, 2019, $30M — Hillhouse Investment
- Series D, Apr 3, 2019, $88M — Hong Shan, Mirae Asset Venture Investment, Fuse Venture Partners
- Series C, Sep 20, 2018, $60M — Hong Shan, DST Global, Korea Investment Partners, SEMA Translink Investment, HSG
- Series B, Jun 1, 2017 — AlpenRoute Asset Management
- Series A, Dec 15, 2016, $14M — LB Investment, Korea Investment Partners, Capstone Partners, DSC Investment, UTC Investment, SEMA Translink Investment, IBK Capital, DS Asset Management
- Seed, Mar 18, 2015, $4.5M — DSC Investment

## Investors

- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Seed, Series A
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series A
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A, Series C
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A
- UTC Investment (https://capitalatlas.ai/funds/utc-investment) — Series A
- SEMA Translink Investment — Series A, Series C, Series E
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series A
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series A
- AlpenRoute Asset Management — Series B
- Hong Shan — Series C, Series D, Series E, Series F
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C, Series E, Series F
- HSG (https://capitalatlas.ai/funds/hsg) — Series C
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series D
- Fuse Venture Partners (https://capitalatlas.ai/funds/fuse-venture-partners) — Series D, Series E
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series D, Series E, Series F
- Aspex Management — Series E, Series F
- SK Networks — Series E
- Millennium Management — Series F
- CJ Logistics Corporation — Series F