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Danggeun Market

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A community-based service app to buy and sell with neighbors

Seoul, South KoreaFounded 2015eCommerce & Marketplaces
Valuation $2.5–5B Last recorded · 2021
Revenue $100–500M Latest reported FY
Headcount 500–1k Current team size
Total funding $100–500M Disclosed equity funding
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About Danggeun Market

Danggeun Market, operating as Karrot outside of South Korea, is a hyperlocal community-based service app for buying and selling secondhand goods with neighbors. The company's business model is centered around hyperlocalized advertising, which allows local businesses to target specific neighborhoods, rather than taking a commission from user transactions.

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Initially launched in 2015 for IT workers in Pangyo Tech Valley, the service quickly expanded throughout South Korea and has since entered international markets, including Canada, with a focus on building strong community engagement. The platform is designed as a mobile-first experience, facilitating easy and quick transactions among users within the same local area.

In addition to its core marketplace, Danggeun Market is expanding its services to include platforms for jobs, used cars, and real estate, aiming to become a comprehensive local community hub. The company has achieved unicorn status, indicating significant growth and investor confidence in its business model and expansion strategy.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Seoul, South Korea
Sector
eCommerce & Marketplaces
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Knowledge graph

News, research, reports and resources connected to this company by Dealroom

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later6 investors entered at this stage

Talent

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Employees mapped 588 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇰🇷 South Korea94.6%
🇨🇦 Canada3.5%
🇺🇸 United States0.7%
🇯🇵 Japan0.5%
🇧🇷 Brazil0.2%
Top 5 of 6 shown

Patents

Estimated portfolio value
$152k

6 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Danggeun Market on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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