PLEATS MAMA
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $2.5M
Investors
- 1
About PLEATS MAMA
PLEATS MAMA is a South Korean company specializing in fashion accessories, primarily focusing on bags.Founded in 2017, PLEATS MAMA operates out of Seoul, South Korea, and focuses on designing and selling a range of fashionable bags.PLEATS MAMA specializes in a diverse range of fashion accessories, primarily focusing on bags. Their core product offerings include various types of bags such as shoulder bags, tote bags, crossbody bags, and backpacks, each designed with unique styles like solid colors, glitter finishes, and playful patterns. The company aims to cater to consumers looking for functional yet stylish solutions for everyday use, with products suitable for different occasions, from casual outings to formal events. The brand's clientele includes fashion-forward individuals who appreciate contemporary designs and high-quality materials.Revenue generation for PLEATS MAMA is structured through direct-to-consumer sales, allowing customers to purchase products directly from their online platform. This approach facilitates a streamlined transaction process where customers can select from a variety of bags and accessories, each priced according to design and materials used. The company's pricing strategy includes tiered discounts based on purchase amounts, offering incentives such as 10%, 20%, or 30% off for spending thresholds of 100,000 KRW, 200,000 KRW, and 1,000,000 KRW, respectively. Additionally, PLEATS MAMA is reportedly designing new product lines and exploring expansion into additional international markets.
Who invested in PLEATS MAMA
1 investor across 1 round
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Funding rounds
Series A
Nov 23, 2021
Amount
$2.5M
Investors
Questions about PLEATS MAMA
Who invested in PLEATS MAMA?
PLEATS MAMA has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PLEATS MAMA raised?
PLEATS MAMA has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PLEATS MAMA last raise money?
PLEATS MAMA's most recent round on record is a Series A, in Nov 2021.
What does PLEATS MAMA do?
PLEATS MAMA is a South Korean company specializing in fashion accessories, primarily focusing on bags.
Where is PLEATS MAMA headquartered?
PLEATS MAMA is headquartered in Seoul, South Korea.
Which VCs invest in companies like PLEATS MAMA?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at PLEATS MAMA's stage. Their profiles are linked below.
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