# MAYOUBE

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

- Industry: Consumer Products
- Headquarters: South Korea
- Website: www.mayoube.co.kr
- Latest round: Seed (Jun 1, 2022)
- Investors on record: 4

## About

Mayoube is a South Korean platform service that enhances the childcare purchasing experience for parents, providing tailored solutions for their needs.Founded in 2018 in South Korea by Yoon-gil Heo, Mayoube operates a platform service that focuses on facilitating the purchase of childcare products. The company has engaged in 3 deals, with its most recent deal occurring on June 30, 2022. Yoon-gil Heo has experience as an entrepreneur, contributing to Mayoube's strategic direction and growth.Mayoube operates a platform service designed primarily for parents engaged in childcare, facilitating the quick and accurate purchase of necessary products. The platform continually evolves through ongoing research and improvements, allowing it to provide optimal services tailored to the needs of both parents and their children. The core offerings focus on simplifying the purchasing process for parenting-related products, ensuring a user-friendly experience. This service targets parents across various demographics, especially those actively seeking reliable and trustworthy solutions for their childcare needs. Mayoube aims to reach a broad geographical audience that values efficient access to childcare resources.In 2023, Mayoube reported a revenue of USD 913,890.50. Revenue generation is facilitated through its B2C model, where parents interact directly with the service for their purchasing needs. The company focuses on high-quality childcare-related products and engages in partnerships that enhance the product range available to customers, ensuring operational costs are covered while delivering valuable services.In June 2022, Mayoube raised an undisclosed amount in PRE-SERIES A funding from new investors XnTREE Ventures and PNU Holdings, with returning investor Busan United Holdings participating. The company plans to utilize this investment to upgrade its products and improve its technology by recruiting developers for its platform. Future growth strategies include the design and launch of new products aimed at expanding market reach.

## Funding rounds

- Seed, Jun 1, 2022 — Korea Tech Incubator for Startup, Busan United Holdings
- Seed, Jun 10, 2021 — Korea Credit Guarantee Fund, XnTREE Ventures

## Investors

- Korea Credit Guarantee Fund — Seed
- XnTREE Ventures (https://capitalatlas.ai/funds/xntree-ventures) — Seed
- Korea Tech Incubator for Startup — Seed
- Busan United Holdings (https://capitalatlas.ai/funds/busan-united-holdings) — Seed