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Balaan

Balaan

Private
SeoulConsumer & Commercehttps://balaan.co.kr

Last Round

Convertible Debt

Feb 28, 2025

Est. Valuation

$25.1M

Total Funding Raised

$62.62M

Company Overview

Balaan is a luxury fashion e-commerce company that provides a diverse selection of clothing, accessories, and jewelry from renowned luxury brands through partnerships with European boutiques.

Sector

Consumer & Commerce

Verticals

E-commerce, Fashion & Beauty

Business Model

B2C

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Application

Keywords

luxury fashion marketplaceluxury e-commercedesigner fashiononline luxury platformB2C marketplaceluxury resellerfashion techluxury goodscourt receivershipcorporate rehabilitatione-commerce platform

Historical Pricing

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Caplight Momentum Score

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Balaan Comparables

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Balaan comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Trenbe
94%
MUSTIT
91%
Jente
83%

Balaan Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Convertible DebtFeb 28, 2025
Series COct 14, 2022
Series BOct 21, 2021
StrategicNov 10, 2020
Series ADec 20, 2019
Accelerator
Dec 7, 2017

Key People

Founding team and executive leadership

Joonhong Park

Co-Founder Chief Product Officer

Founding Team

최형록

CEO

Executive Team

Hyungjun Choi

COO

Executive Team

Balaan Investors

Notable investors and investment history

Balaan investors
InvestorRounds
Shinhan Venture InvestmentSeries B
SparkLabs GroupPre Seed, Accelerator
SBI Investment KoreaSeries A, Series B
JB Asset ManagementSeries A
Company K PartnersSeries C, Series B
Korea Growth Investment CorporationSeries B
JB InvestmentSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 14, 2022

    $18M round led by KTB Ventures

  • Oct 21, 2021

    $28M round led by Kolon Investment and Company K Partners.

Balaan Filings

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Balaan filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Balaan's valuation, stock price, and market status.

Is Balaan a public or private company?

Balaan is a private company.

What is the current stock price of Balaan?

Balaan is a private company with no public stock price. No recent secondary market data is available.

How much is Balaan worth (valuation)?

Balaan's valuation is estimated at $30.4M based on funding round data.

Can I buy Balaan stock?

Balaan shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Balaan's last funding round?

Balaan's most recent funding round was Convertible Debt on February 28, 2025.

Who are the main investors in Balaan?

Key investors in Balaan include SparkLabs Group, SBI Investment Korea, Company K Partners, Korea Growth Investment Corporation, KTB Ventures.

Will Balaan IPO soon?

No public IPO plans have been announced for Balaan.

How can I track Balaan secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Balaan's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSeoul
Employee Range19
Year Founded2015
Last FundingFeb 28, 2025

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