# SOCIALBEAN Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/socialbean-co

- Industry: Consumer Products
- Headquarters: Busan, South Korea
- Website: www.socialbean.co.kr
- Total disclosed funding: $4.5M
- Latest round: Series B (Jul 22, 2020)
- Investors on record: 8

## About

Founded in 2013 and based in Busan, South Korea, SOCIALBEAN Co., Ltd. operates an online shopping platform known as 'Hott', in which sellers use online influencers to sell their products. Hott specializes in selling baby, pet, and lifestyle products.

## Funding rounds

- Series B, Jul 22, 2020 — Korea Development Bank, Shinhan Securities, Kakao Ventures, Platinum Technology Investment, K & Investment Partners
- Series A, Jan 15, 2019, $4.5M — KB Investment, Kakao Ventures, Platinum Technology Investment, Busan United Holdings, Kakaocommerce Corp.

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Series A, Series B
- Platinum Technology Investment (https://capitalatlas.ai/funds/platinum-technology-investment) — Series A, Series B
- Busan United Holdings (https://capitalatlas.ai/funds/busan-united-holdings) — Series A
- Kakaocommerce Corp. — Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Shinhan Securities (https://capitalatlas.ai/funds/shinhan-securities) — Series B
- K & Investment Partners (https://capitalatlas.ai/funds/k-investment-partners) — Series B