Queenit

SoftwareSeries BSeoul, South Koreaqueen-it.com

Latest round

Series B

Last raised

Jul 2023

Total raised

$62M

Investors

7

About Queenit

Founded in 2020 and headquartered in Seoul, South Korea, Queenit is a lifestyle e-commerce platform offering a range of products tailored for women.Queenit specializes in a curated selection of lifestyle products primarily targeting women aged 40 to 50. The company’s core offerings include essential clothing items such as shirts and knits, as well as a wide range of beauty products, including skin and body care, makeup, and beauty devices.Queenit operates on a commission-based revenue model, generating income through transactions between its platform and the brands it features. Revenue comes primarily from direct-to-consumer sales on its online platform, with various product categories, including apparel and beauty items. The company plans to develop AI-based recommendation services and increase its talent headcount. Future expansion efforts will focus on entering new markets with specific strategies to cater to diverse consumer needs by the end of 2024.

Who invested in Queenit

7 investors across 4 rounds

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Funding rounds

  1. Series B

    Jul 31, 2023

    Amount

    $27M

    Investors

    Locked

  2. Series B

    Feb 4, 2022

    Amount

    $30M

    Investors

    Locked

  3. Series A

    May 13, 2021

    Amount

    $4.9M

    Investors

    Locked

  4. Seed

    Jun 16, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Queenit

Who invested in Queenit?

Queenit has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Queenit raised?

Queenit has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Queenit last raise money?

Queenit's most recent round on record is a Series B, in Jul 2023.

What does Queenit do?

Founded in 2020 and headquartered in Seoul, South Korea, Queenit is a lifestyle e-commerce platform offering a range of products tailored for women.

Where is Queenit headquartered?

Queenit is headquartered in Seoul, South Korea.

Which VCs invest in companies like Queenit?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Queenit's stage. Their profiles are linked below.

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