oHouse Raises $182M in Series D Funding

oHouse, Seoul, South Korea$182m raised for a lifestyle platform that allows customers to source and purchase goods for home. inSeries D funding.

BackersSoft includedBank Ventures AsiaBRV Capital Management, Vertex GrowthThis anchor is by Temasek-backed Vertex Holdings, BOND, Korea Development BankIMM Investment Mirae Asset CapitalAmongst other.

TheCompany plans to use the funds to expand its international team, including its marketing, sales, and product departments. inThe appointment of a head of US Expansion in key markets around the world is important. This will allow machine learning and augmented real (AR) functionality to be integrated into its platform. It will also help develop its logistics infrastructure.

LedBy Seungjae Lee, FounderCEO oHouse provides an app that offers a myriad of services inspired by content including: an e-commerce store, home remodeling, furniture delivery, home tasks (repairing & installation) and moving services.

TheCompany recently acquired Hipvan, an online furniture platform in SingaporeThis will help. oHouseExpand its presence throughout the world Southeast Asia. OtherPriority markets include: United States Western Europe.

FinSMEs

09/05/2022

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