# Somssidang Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/somssidang-company

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.sssd.co.kr
- Total disclosed funding: $3.3M
- Latest round: Series A (Jan 11, 2022)
- Investors on record: 5

## About

Founded in 2018, Somssidang Company, Inc. is located in Seoul, South Korea, and is known for offering engaging hobby-related workshops. The company has secured a total of 5 deals, with the most recent funding round in July 2023 raising KRW 3 billion from LG Uplus. Myeong-won Jung serves as both the CEO and founder of the company.

Somssidang Company, Inc. offers a platform that integrates various hobby-related services aimed at enhancing everyday life through creative engagement. The company focuses on providing workshop-based experiences where individuals can explore and develop personal hobbies. These workshops cater to a diverse clientele, including hobbyists seeking new activities and professionals looking for team-building experiences, primarily in urban areas of South Korea, particularly Seoul.

The revenue structure of Somssidang Company, Inc. is built around direct-to-consumer transactions, primarily through workshop registrations and related hobby supplies. Customers engage by enrolling in classes priced per session, with options for both single attendance and packages for multiple sessions, fostering repeat business and emphasizing a seamless customer experience without holding inventory of physical products.

In July 2023, Somssidang Company, Inc. raised KRW 3 billion in venture funding from LG Uplus. This funding will be utilized to link online and offline class contents and solutions to LG Uplus' platform, enhancing business capabilities and service competitiveness while opening new business opportunities for the firm.

## Funding rounds

- Series A, Jan 11, 2022, $3.3M — Capstone Partners, Coolidge Corner Investment, Spring Camp, Lighthouse Combined Investment
- Seed, Apr 11, 2019 — Mashup Ventures, Spring Camp

## Investors

- Mashup Ventures (https://capitalatlas.ai/funds/mashup-ventures) — Seed
- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed, Series A
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A
- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Series A
- Lighthouse Combined Investment (https://capitalatlas.ai/funds/lighthouse-combined-investment) — Series A