Latest round

Series B

Last raised

Jan 2021

Total raised

$18M

Investors

10

About MGRV

, doing business as Mangrove provides an online accommodation platform that offers secure and comfortable co-living spaces for students, working professionals, and others. In February 2023, MGRV Inc.S. The company has multiple locations in South Korea; Sinchon, Dongdaemun, Sinseol, Soongin, and Goseong. As of March 2023, the CEO of the company is Cho Kang-tae. The company offers multiple co-living spaces, such as Mangrove New Village, Mangrove Dongdaemun, The New Mangrove, and Mangrove Sungin. Mangrove New Village is a 16-story building consisting of 279 independent private spaces and various common spaces, including workstations, dinner and storerooms, a social kitchen, a library, and more. Mangrove Dongdaemun is a 15-story building, that consists of 177 independent private spaces and stays rooms for short-term stays that include a welcome lounge, community desk and cafe, cinema room, and more. The company generates money by charging rent for co-living space independently for each site, such as Mangrove New Village; SINGLE KWR 96,5 per month, SINGLE STANDARD KWR 98,5 per month, SINGLE DELUXE KWR 12,15 per month, and Mangrove Dongdaemun; SINGLE KWR 85,3 per month, BUNK KWR 49,1 per month, and DORMITORY KWR 35,1 per month.

Who invested in MGRV

10 investors across 2 rounds

See all investors in MGRV

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Jan 28, 2021

    Amount

    $14M

    Investors

    Locked

  2. Series A

    Mar 23, 2020

    Amount

    $4M

    Investors

    Locked

Questions about MGRV

Who invested in MGRV?

MGRV has 10 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 MGRV raised?

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

When did MGRV last raise money?

MGRV's most recent round on record is a Series B, in Jan 2021.

What does MGRV do?

, doing business as Mangrove provides an online accommodation platform that offers secure and comfortable co-living spaces for students, working professionals, and others.

Where is MGRV headquartered?

MGRV is headquartered in Seoul, South Korea.

Which VCs invest in companies like MGRV?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back internet companies at MGRV's stage. Their profiles are linked below.

Raising like MGRV? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.