# MUSINSA

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

- Industry: Retail
- Headquarters: Seoul, South Korea
- Website: www.musinsa.com
- Total disclosed funding: $378M
- Latest round: Series C (Nov 1, 2023)
- Investors on record: 5

## About

Established in 2012 and based in Seoul, South Korea, MUSINSA Co., Ltd. operates as a fashion-oriented online boutique company that introduces various lifestyle products, such as clothing, shoes, bags, and jewelry, and sells them through its website. In April 2025, IMM Investment acquired a minority stake in MUSINSA from an undisclosed investor for KRW 10 billion.


The company provides lifestyle products, such as clothing, shoes, bags, and jewelry, etc. The business of the company includes fashion magazines, online stores, and branded retail services.

## Funding rounds

- Series C, Nov 1, 2023, $31M — Korea Development Bank, IMM Investment
- Series C, Aug 31, 2023, $151M — KKR, Wellington Management
- Series B, Mar 31, 2021, $115M — Hong Shan, IMM Investment
- Series A, Dec 18, 2019, $81M — Hong Shan

## Investors

- Hong Shan — Series A, Series B
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series B, Series C
- KKR (https://capitalatlas.ai/funds/kkr) — Series C
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series C
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C