# ROUNZ

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

- Industry: Retail
- Headquarters: Seoul, South Korea
- Website: www.rounz.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Nov 28, 2019)
- Investors on record: 2

## About

Founded in 2007 and based in Seoul, South Korea, Rounds Co., Ltd., dba Rounz, operates as a retailer of eyeglasses. As of 2022, Kim Myung-seop is the CEO of the company. In November 2022, Rounz raised KRW 5 billion in venture funding from Samsung Securities, Multi Asset Global Investments, IGIS Asset Management, and ESTSoft.

The company provides glass frames and sunglasses in the styles of round, square, low gold frame, mix, Googles, Boeings, Cateyes, and more. The firm offers the Rounds app, which allows users to virtually try on glasses and sunglasses. Rounz sells its products under the brands of Acuvue, Adidas, Bliz, Tart Optical, Karen Walker, Rayban, Lancetti, Oakley, and more.

The organization plans to use the November 2022 funding to focus on expanding the eyewear omnichannel service that connects online and offline, as well as plans to expand sales and profits in earnest in the offline business in 2023.

## Funding rounds

- Series A, Nov 28, 2019, $4.3M — KDB Capital, Smilegate Investment

## Investors

- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series A
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series A