# MAYMABU Co.

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Seoul, South Korea
- Website: www.maymabu.com
- Latest round: Series A (Jul 7, 2022)
- Investors on record: 1

## About

Located in South Korea, MAYMABU Co., Ltd. specializes in used car companionship services, streamlining the buying and selling process through expert management, vehicle inspections, and a secure platform for transactions.Founded in 2016 and headquartered in Seoul, South Korea, MAYMABU Co., Ltd. operates as a used car companionship service. The company has received funding through four deals, with the latest being a SERIES A funding round in July 2022. The company aims to enhance its services and has not undergone any major shifts in business strategy since its inception.MAYMABU provides a comprehensive platform for buying and selling used cars. Its core services include thorough verification of vehicles, direct sales facilitation, and management for sellers. Customers benefit from higher return offers than traditional dealer sales, with all aspects of inspection, maintenance, and insurance processing handled by the company. The service is designed for individual customers, used car dealerships, and automotive professionals within South Korea.In the most recent year of 2023, MAYMABU generated revenue of USD 1,476,893.80. This revenue is derived from transaction-based services, including vehicle inspections and direct sales facilitation, ensuring profitability with a focus on customer satisfaction.Following their most recent SERIES A funding round in July 2022, where MAYMABU raised an undisclosed amount from Tony Investment, the company plans to utilize these funds to finalize the construction of its Busan inspection and maintenance studio. Additionally, MAYMABU aims to strengthen its sales of high-value imported cars as part of its strategy to expand its market presence.

## Funding rounds

- Series A, Jul 7, 2022 — Tony Investment

## Investors

- Tony Investment (https://capitalatlas.ai/funds/tony-investment) — Series A