Total amount raised
$3.4 Billions
Latest funding date
1/1/2021
Location
Coupang has successfully raised significant funding through multiple rounds, attracting notable investors such as Wolfswood Partners and SoftBank Vision Fund. The e-commerce platform continues to expand its offerings and market presence.
Keep reading to explore the intricacies of Coupang's fundraising journey and the investors backing this innovative platform.
What Is Coupang?
Coupang, founded in 2010 by Bom Kim, is a leading e-commerce platform based in Seoul, South Korea. The company offers a wide range of products, including apparel, electronics, and home goods.
With over 10,001 employees, Coupang operates through various segments such as product commerce and developing offerings. The platform is known for its innovative services like Rocket Delivery and Coupang Eats.
For more detailed information about Coupang's financials and other aspects, you can visit their Crunchbase profile.
How Much Funding Has Coupang Raised?
- Round Name: Series F
- Amount Raised: Not publicly disclosed
- Date: May 31, 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance technological infrastructure.
- Round Name: Series G
- Amount Raised: Not publicly disclosed
- Date: November 24, 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and improve logistics network.
- Round Name: Private Equity Round
- Amount Raised: $300M
- Date: December 10, 2014
- Lead Investors: BlackRock Private Equity Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support rapid growth and enhance service offerings.
- Round Name: Venture Round
- Amount Raised: $100M
- Date: May 28, 2014
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To invest in technology and logistics infrastructure.
- Round Name: Private Equity Round
- Amount Raised: $1B
- Date: June 2, 2015
- Lead Investors: SoftBank
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market presence and enhance delivery services.
- Round Name: Private Equity Round
- Amount Raised: Not publicly disclosed
- Date: June 22, 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational scaling and technological advancements.
- Round Name: Venture Round
- Amount Raised: Not publicly disclosed
- Date: August 5, 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance logistics and delivery capabilities.
- Round Name: Venture Round
- Amount Raised: Not publicly disclosed
- Date: March 5, 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand technological infrastructure and market reach.
- Round Name: Private Equity Round
- Amount Raised: $2B
- Date: November 20, 2018
- Lead Investors: SoftBank Vision Fund
- Valuation at Round: $9B
- Motivation Behind the Round: To continue rapid growth and expand technological and logistical infrastructure.
- Round Name: Post-IPO Equity
- Amount Raised: Not publicly disclosed
- Date: January 1, 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing expansion and operational scaling.
Total Amount Raised: $3.4B. Current Valuation: $9B.
Key Investors
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is a large investment vehicle anchored by a $45 billion investment from Saudi Arabia's PIF sovereign fund. It is led by SoftBank Chairman Masayoshi Son.
- Investment Focus Areas: Technology, e-commerce, robotics.
- Notable Investments: Zume, View, WeWork.
- SoftBank
- Details: SoftBank is a Japanese multinational conglomerate holding company headquartered in Tokyo. It is known for its investments in technology, energy, and financial sectors.
- Investment Focus Areas: Telecommunications, internet services, AI.
- Notable Investments: Alibaba, Sprint, Arm Holdings.
- BlackRock Private Equity Partners
- Details: BlackRock Private Equity Partners is a division of BlackRock, the world's largest asset manager. It focuses on private equity investments globally.
- Investment Focus Areas: Technology, healthcare, consumer goods.
- Notable Investments: Not publicly disclosed.
- Sequoia Capital
- Details: Sequoia Capital is an American venture capital firm. It has funded companies that now control $1.4 trillion of combined stock market value.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Apple, Google, LinkedIn.
- Wolfswood Partners
- Details: Wolfswood Partners is a private equity firm known for its strategic investments in high-growth companies. It focuses on long-term value creation.
- Investment Focus Areas: Technology, consumer goods, industrials.
- Notable Investments: Not publicly disclosed.
What's Next for Coupang?
With a $2 billion investment from SoftBank's Vision Fund, Coupang is poised to expand beyond South Korea, potentially venturing into new markets and services. The company is eyeing opportunities in media, similar to Amazon's ventures into video and music streaming, and aims to leverage its robust logistics network to enhance delivery services.
Future fundraising could include a potential IPO in the U.S., providing additional capital to fuel growth. However, Coupang may face challenges such as ethical concerns related to its investors and competition from global e-commerce giants. Managing rapid growth while maintaining service quality will be crucial for sustained success.
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