# WOOLTARI USA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wooltari-usa

- Industry: Logistics & Distribution
- Headquarters: US
- Website: www.wooltariusa.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Feb 22, 2021)
- Investors on record: 2

## About

WOOLTARI USA is a US-based e-commerce company specializing in authentic Korean food products, offering a variety of groceries that cater to the culinary needs of consumers.WOOLTARI USA operates in the e-commerce sector, focusing on the sale of Korean food products. The company was founded in 2006 and has made two significant deals since its inception, with the most recent deal occurring on February 22, 2021. The latest funding round was a Series A, where the company raised USD 2.000 mn from investors including Sazze Partners and Spigen Korea. The founder of WOOLTARI USA is not specified, and there are no mentions of subsidiaries or parent companies.Wooltari USA, Inc. operates primarily in the e-commerce sector, specializing in the sale of Korean food products. The company’s core offerings include a diverse range of groceries such as fresh seafood, meats, vegetables, and prepared meals, catering to consumers who seek authentic Korean culinary experiences. These products are designed to address the needs of individuals and families looking for convenient and quality food options that reflect traditional Korean flavors. Wooltari's product range is accessible to customers in various geographical markets across North America, serving both individual consumers and businesses, such as restaurants and grocery stores, that require high-quality Korean ingredients. The company emphasizes direct sourcing from reputable producers, ensuring that each item meets its quality standards while promoting the essence of Korean cuisine.Wooltari generates revenue through direct-to-consumer sales facilitated via its e-commerce platform. Customers can purchase individual products or curated meal sets that reflect authentic Korean recipes and ingredients. The business operates on a transactional structure where consumers place orders for groceries, which are shipped directly to their homes, enhancing convenience and accessibility. While specific pricing plans for individual products are structured to appeal to a broad customer base, Wooltari also offers promotional discounts and loyalty programs to encourage repeat purchases. The company's revenue is bolstered by a robust customer engagement strategy, including subscription services for regular deliveries and targeted marketing campaigns aimed at increasing brand awareness among potential customers interested in Korean food products.In February 2021, WOOLTARI USA raised USD 2.000 mn in Series A funding from new investors Sazze Partners and Spigen Korea. The company will use the funding to secure additional warehouses and develop new B2B products and services. Plans for future growth include the introduction of new products designed to enhance the customer experience, with particular attention to expanding into new geographic markets across North America by 2023.

## Funding rounds

- Series A, Feb 22, 2021, $2M — Sazze Partners, Spigen Korea
- Seed, Jun 1, 2019, $0.4M — Sazze Partners, Spigen Korea

## Investors

- Sazze Partners (https://capitalatlas.ai/funds/sazze-partners) — Seed, Series A
- Spigen Korea — Seed, Series A