# ONNURI STORE CO.

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.onnuristore.com
- Total disclosed funding: $21M
- Latest round: Series A (Oct 27, 2022)
- Investors on record: 7

## About

Based in South Korea, and founded in 2021 by a spin-off from its parent company, Lab Hundred, Onnuri Store Co., Ltd., operates a health and wellness platform that offers various health functional food brands. In April 2022, Onnuri Store Co., Ltd. raised KRW 15 billion in series A funding from new investors, Log Investment, QUAD Investment Management, and Union Investment Partners. As of 2022, Park Hyo-soo acts as the CEO of the company with 31 employees.

The company offers an online platform through which they sell various health care and wellness products that include red ginseng, vitamins, lactobacillus, minerals, and nutrients. diet, beauty, health juices, pills, and oriental medicine. health supplements, skincare, make-up, perfume, men's cosmetics, beauty devices, and beauty accessories. The company also provides baby products that include diapers, bath/sanitation/health/wet wipes, baby detergent/skin/body products, strollers, baby furniture/safety goods/baby bedding, and maternity/lactation products, learning tools/toys, and children's fashion. The company has its own brands such as TheraBreath in the oral hygiene field; Child Life, a nutritional supplement for children; and Bulldog, a men's skincare brand.

For the fiscal year 2021, the company generated a revenue of approximately USD 15 million.

## Funding rounds

- Series A, Oct 27, 2022, $8.4M — KB Investment, Solidus Investment, KB Securities, Kyobo Securities
- Series A, Apr 4, 2022, $12M — QUAD Investment Management, Union Investment Partners, Log Investment

## Investors

- QUAD Investment Management (https://capitalatlas.ai/funds/quad-investment-management) — Series A
- Union Investment Partners (https://capitalatlas.ai/funds/union-investment-partners) — Series A
- Log Investment (https://capitalatlas.ai/funds/log-investment) — Series A
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- Solidus Investment (https://capitalatlas.ai/funds/solidus-investment) — Series A
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series A
- Kyobo Securities (https://capitalatlas.ai/funds/kyobo-securities) — Series A