# REITWAGEN

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Seoul, South Korea
- Website: www.baree.net
- Total disclosed funding: $11M
- Latest round: Series B (May 23, 2025)
- Investors on record: 10

## About

Based in South Korea, and founded in 2020, REITWAGEN operates as a motorcycle maintenance company that offers the sale of new and old motorcycles with custom services. In March 2022, REITWAGEN raised pre-series A funding from new investors Strong Ventures, Lotte Ventures, Holistic Growth Initiative, and BDC Labs.

REITWAGEN provides light maintenance to heavy maintenance and accident repair. The company offers to sell renovated motorcycles as well as used motorcycles.

## Funding rounds

- Series B, May 23, 2025, $7.5M — Hyundai Venture Investment, Smilegate Investment, Strong Ventures, SV Investment
- Series A, Dec 30, 2022, $3.2M — Strong Ventures, Lotte Ventures, BDC Labs, Tail, Winguard Korea
- Seed, Mar 1, 2022 — Holistic Growth Initiative, Korea Tech Incubator for Startup
- Seed, Jan 13, 2022 — Lotte Ventures

## Investors

- Lotte Ventures (https://capitalatlas.ai/funds/lotte-ventures) — Seed, Series A
- Holistic Growth Initiative (https://capitalatlas.ai/funds/holistic-growth-initiative) — Seed
- Korea Tech Incubator for Startup — Seed
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A, Series B
- BDC Labs — Series A
- Tail (https://capitalatlas.ai/funds/tail) — Series A
- Winguard Korea — Series A
- Hyundai Venture Investment (https://capitalatlas.ai/funds/hyundai-venture-investment) — Series B
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series B
- SV Investment (https://capitalatlas.ai/funds/sv-investment) — Series B