K
KREAM
Online shop app where kicks rule everything around
About KREAM
Kream.co.kr is a South Korean online retail startup that specializes in the sale of trendy and high-end fashion items, particularly footwear and clothing. The company operates in the e-commerce market, serving a broad range of clients, from fashion enthusiasts to casual shoppers looking for quality and stylish products.
The business model of Kream.co.kr is based on e-commerce retailing. They source a wide variety of products from popular brands such as Nike, Adidas, The North Face, and Supreme, among others. The company offers these products to consumers through their online platform, providing a convenient and accessible shopping experience.
Kream.co.kr makes money by purchasing products at wholesale prices and selling them at retail prices. The difference between the purchase price and the selling price is the company's gross profit. Additionally, they also offer exclusive products, which can command higher prices due to their limited availability and unique designs.
The company's website also mentions a 10% cashback program, which suggests that they have a customer loyalty program in place. This strategy not only encourages repeat purchases but also enhances customer retention.
In summary, Kream.co.kr is a digital-first retailer that capitalizes on the growing trend of online shopping, offering a wide range of fashionable products from well-known brands.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Seongnam-si, South Korea
- Employees
- 164
- Open positions
- None listed
- Dealroom signal
- 89.8/100
- Industry
- Fashion
- Sub-industry
- Footwear
- Sector
- eCommerce & Marketplaces, horizontal marketplaces
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 8 companies, latest Oct 2023
- Capital deployed
- $156M
- Preferred round
- SERIES A
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| CONVERTIBLEOther financing | Aug 2024 | $12M | — | Undisclosed | ↗ |
| LATE VCOther financing | Dec 2023 | $39M | $840M | Altos Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for KREAM is 5.8M monthly website visits, up 5.5% over the last three months. KREAM's team grew 10.1% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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|---|---|---|---|---|---|
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SODAMarketplace for authenticated sneakers, apparel, and trading cards |
Tokyo, Japan | Operational | |||
SHEINReal-time e-commerce for on-demand fashion. |
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WethenewWethenew is the first French marketplace dedicated to limited edition sneakers and streetwear products |
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ElefantE-commerce platform offering products for children and adults, for home and garden |
Bucharest, Romania | Operational | |||
MiintoLeading eCommerce fashion platform |
Copenhagen, Denmark | Acquired | |||
LimeRoadOnline Shopping India - Buy Clothes, Shoes, Bags, Accessories for Men & Women Online |
Gurugram, India | Acquired | |||
Chubbies ShortsMen's retro-style shorts and apparel for the weekend |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
SODATokyo, JapanMarketplace for authenticated sneakers, apparel, and trading cards
$340Mvaluation
PK
PT Karunia Internasional Citra KencanaJakarta, Indonesia
$3.9Mvaluation
Kick AvenueJakarta, IndonesiaMarketplace for authenticated sneakers, apparel, and luxury goods
$12Mvaluation
SasomBangkok, ThailandAuthenticated collectibles and rare fashion marketplace
→
SneakerlahKuala Lumpur, MalaysiaMalaysia's largest sneaker and streetwear lifestyle convention
→
ReebeloSan Mateo, United StatesRetail and consumer goods company
$116Mvaluation
CHEXCARSouth KoreaUsed car one-stop merchandising platform
$21Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
SoftBank
Altos Ventures
Mirae Asset Capital
Softbank Capital
Series B and later4 investors entered at this stage
SBVA
Samsung Electronics
Axiom Asia Private Capital
NAVER
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about KREAM 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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