# STUNNING

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.loud.kr
- Total disclosed funding: $5.1M
- Latest round: Series A (Sep 29, 2021)
- Investors on record: 5

## About

Based in South Korea, STUNNING is a design contest platform that connects businesses with over 280,000 registered designers, facilitating creative solutions across various sectors through competitive bidding.STUNNING, founded in 2011 and headquartered in Seoul, South Korea, operates as a design contest platform that connects creative designers with businesses seeking design solutions. The company has successfully raised KRW 6 billion in Series A funding as of September 29, 2021, with investments from DSC Investment, KDB Capital, Mirae Asset Venture Investment, NICE Investment Partners, and Shinhan Capital. The CEO is Rick Luiten.STUNNING operates as a design contest platform that connects creative designers with businesses seeking design solutions. Its core service involves hosting design competitions, allowing clients to present their design needs and receive multiple proposals from a pool of over 280,000 registered designers. The platform serves various sectors, including restaurants, education, healthcare, and corporate branding.STUNNING generates revenue through a structured transaction model centered around design contests. Clients pay to launch design competitions, incentivizing designers with a prize for the winning submission. This B2B business model ensures clients receive a variety of creative solutions tailored to their needs.In September 2021, STUNNING plans to utilize the KRW 6 billion raised in Series A funding to conduct large-scale recruitment across all occupational groups, including development, planning, marketing, strategy, and design. The company aims to expand into new markets, focusing on increasing its presence in international territories.

## Funding rounds

- Series A, Sep 29, 2021, $5.1M — KDB Capital, Shinhan Capital, DSC Investment, Mirae Asset Venture Investment, NICE Investment Partners
- Series A, Mar 10, 2020 — DSC Investment
- Seed, Dec 1, 2016 — DSC Investment

## Investors

- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Seed, Series A
- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series A
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series A
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A
- NICE Investment Partners (https://capitalatlas.ai/funds/nice-investment-partners) — Series A