# Tasty9 Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tasty9-co

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.tasty9.com
- Total disclosed funding: $7.8M
- Latest round: Series B (Dec 1, 2020)
- Investors on record: 3

## About

Tasty9 Co., Ltd., based in South Korea, specializes in innovative food supply chain solutions, offering a digital marketplace that enhances accessibility and efficiency for wholesalers and retailers.Founded in 2015, Tasty9 Co., Ltd. operates a digital marketplace designed to improve supply chain processes for various stakeholders. The company was acquired by Fresh Easy for KRW 100 billion on January 26, 2022, as part of a strategy to bolster offline business and expand sales channels. While specific details on the founder's background are not provided, the acquisition reflects a significant strategic shift in leveraging Tasty9's production facilities for enhanced business-to-business operations. The company is headquartered in Seoul, South Korea, and has completed five funding deals to date, raising a total of KRW 2,249.676 mn.Tasty9 Co., Ltd. specializes in a range of innovative solutions aimed at enhancing market accessibility and efficiency. The company's core offerings include a digital marketplace platform that connects various stakeholders within the supply chain, particularly targeting wholesalers and retailers. This platform facilitates seamless transactions across different product categories, focusing on user-friendly navigation and efficient order processing, allowing small to medium-sized enterprises to access broader market opportunities and streamline their procurement processes.In the most recent year, 2022, Tasty9 Co., Ltd. reported a revenue of KRW 60,063,610.8 with an EBITDA amount of KRW -9,876,421.6, indicating the financial outcomes from its operational activities during that period.Following the acquisition by Fresh Easy, Tasty9 Co., Ltd. plans to utilize the new funding to enhance its production capabilities and expand its reach in both existing and new markets. The focus will be on developing new products tailored to meet the demands of its growing clientele, particularly in Southeast Asia and specific regions of Europe. The recent acquisition aims to fortify Fresh Easy's business strategy by integrating Tasty9's facilities to strengthen their offline operations and expand sales channels effectively.

## Funding rounds

- Series B, Dec 1, 2020, $6.5M — LB Investment, SV Investment
- Series A, Jun 27, 2019, $1.4M — Dunamu & Partners

## Investors

- Dunamu & Partners (https://capitalatlas.ai/funds/dunamu-partners) — Series A
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B
- SV Investment (https://capitalatlas.ai/funds/sv-investment) — Series B