# Lillycover Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lillycover-co

- Industry: Consumer Products
- Headquarters: Daegu, South Korea
- Website: www.lillycover.com
- Total disclosed funding: $4.2M
- Latest round: Series A (Sep 17, 2021)
- Investors on record: 10

## About

Based in Daegu, South Korea and founded in 2016, Lillycover Co., Ltd. provides cosmetics and skin care methods suitable for customers by using a self-diagnostic device. The company created a way to link skin diagnostic devices and mobile apps through big data and artificial intelligence algorithms. Customers can purchase cosmetics that are suitable for 40 different skin types based on the diagnosis results. In 2017, the company established its corporate research institute followed by being awarded grand prizes in both Women's Start-up Competition and Knowledge Service Prospective Youth. Lillycover Co., Ltd. received its Mainbiz Certification? and G-Fair Best Product Award in 2020.

The company manufactures products based on skin diagnosis results from MUILLI, a portable skin analyzer and plasma massager. Its line of essence and lotions are namely BalanX, Only for you, L Balance, Jubar Time, and Jubar Black.

## Funding rounds

- Series A, Sep 17, 2021 — Merry Year Social Company, Eugene Investment & Securities
- Series A, Jul 19, 2021, $4.2M — Industrial Bank of Korea, Posco Investment, Kite Entrepreneurship Foundation, Daedeok Venture Partners, TBT Partners, Korea Venture Investment Corporation
- Seed, Dec 1, 2019 — Korea Tech Incubator for Startup, Kingsley Ventures

## Investors

- Korea Tech Incubator for Startup — Seed
- Kingsley Ventures (https://capitalatlas.ai/funds/kingsley-ventures) — Seed
- Industrial Bank of Korea — Series A
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series A
- Kite Entrepreneurship Foundation — Series A
- Daedeok Venture Partners (https://capitalatlas.ai/funds/daedeok-venture-partners) — Series A
- TBT Partners (https://capitalatlas.ai/funds/tbt-partners) — Series A
- Korea Venture Investment Corporation (https://capitalatlas.ai/funds/korea-venture-investment-corporation) — Series A
- Merry Year Social Company (https://capitalatlas.ai/funds/merry-year-social-company) — Series A
- Eugene Investment & Securities — Series A