# PerMeal

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.permeal.co.kr
- Total disclosed funding: $1.8M
- Latest round: Series B (Dec 29, 2020)
- Investors on record: 3

## About

Based in South Korea, PerMeal specializes in health-focused food products, offering a variety of traditional and innovative items aimed at enhancing wellness and vitality for consumers.Founded in 2014 by Jae-hoon Kim, PerMeal operates out of Seoul, South Korea. The company focuses on delivering nutritious food options and has successfully completed four funding deals, with the most recent being a Series B round that raised KRW 1,996.457 mn on April 4, 2021. Their current valuation stands at KRW 35,343.371 mn.PerMeal, also known as ???? ??? ?? ?, provides a range of food products designed to promote health and well-being. Their offerings include traditional Korean dishes such as ??? (restorative soup) and grilled eel, alongside innovative products like ?? smoothies and ????? (sweet corn) cream cheese tarts. The company caters to health-conscious individuals and culinary enthusiasts, primarily within South Korea.In 2020, PerMeal generated revenue of KRW 10,263,586.5 with an EBITDA of KRW -3,407,865.6, reflecting their business's focus on direct-to-consumer sales along with potential retail partnerships.Following the recent Series B funding in April 2021, PerMeal plans to enhance its production capabilities. The company aims to introduce new products designed for health-conscious consumers, although specific release dates have not been announced. Plans are also in place for expanding into international markets, with particular interest in regions that value traditional Korean cuisine. The funding will be utilized to boost production efficiency, supporting these growth initiatives.

## Funding rounds

- Series B, Dec 29, 2020, $1.8M — GAIA Venture Partners, Hanwha Investment & Securities, Hitejinro

## Investors

- GAIA Venture Partners (https://capitalatlas.ai/funds/gaia-venture-partners) — Series B
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series B
- Hitejinro — Series B