MayCoders

Consumer ProductsSeedSeoul, South Koreamaycoders.com

Latest round

Seed

Last raised

Feb 2022

Total raised

$0.4M

Investors

2

About MayCoders

Founded in 2019 and based in Daejeon, South Korea, MayCoders is a code engineering company that targets the vertical brand supply market, building platforms that utilize local data and AI to connect manufacturers and global buyers as well as K-beauty users. The company currently runs an e-com platform for manufacturers and buyers in the Philippines and Korea. Maycoders has successfully developed and operated the B2B e-com platform SEOUL4PM, which runs transactions between local distributors and manufacturers in the Philippines and Korea. Local sellers recommend target products based on local data, design them, and request sampling from manufacturers. Users receive images and videos of finished cosmetics synthesized using AI. Through SEOUL4PM, Maycoders achieved 1 billion won in revenue, one year after founding. SEOUL4PM also has a monthly trading volume of 100 million won. The company is currently developing a bigger platform, MAYK, a K-beauty digital factory through which global buyers from around the world can request manufacturing from Korean cosmetic manufacturers based on the selection of ingredients, capacity, and container design. Another project is Chingu, an online review community. Maycoders plans to expand its existing distribution network to 6 ASEAN countries and the North American market. It also plans on expanding the manpower required for MAYK development.

Who invested in MayCoders

2 investors across 2 rounds

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Funding rounds

  1. Seed

    Feb 1, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Jan 24, 2022

    Amount

    $0.4M

    Investors

    Locked

Questions about MayCoders

Who invested in MayCoders?

MayCoders has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MayCoders raised?

MayCoders has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MayCoders last raise money?

MayCoders's most recent round on record is a Seed, in Feb 2022.

What does MayCoders do?

Founded in 2019 and based in Daejeon, South Korea, MayCoders is a code engineering company that targets the vertical brand supply market, building platforms that utilize local data and AI to connect manufacturers and global buyers as well as K-beauty users.

Where is MayCoders headquartered?

MayCoders is headquartered in Seoul, South Korea.

Which VCs invest in companies like MayCoders?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back consumer products companies at MayCoders's stage. Their profiles are linked below.

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