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The Pirates

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Offers seafood wholesale, import/export and distribution

Seoul, South KoreaFounded 2018eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for The Pirates and the history behind them.

About The Pirates

Based in Seoul, South Korea, The Pirates is a global hub for marine products, operating a comprehensive B2B and B2C platform for seafood wholesale, import, and export. Established in 2018, the company has positioned itself as a crucial link connecting seafood producers, sellers, and consumers across the world. The business is led by CEO Ki-hong Yoon.

The company's business model revolves around creating a robust global supply and demand network for seafood. The Pirates facilitates stable trade for its partners by offering a wide variety of competitive marine products. Its revenue is generated through the wholesale, import, and export of these goods. The firm directly sources and verifies the quality of its products, ensuring a guaranteed standard for its clients. This is supported by a sophisticated operational framework that includes data acquisition on vast volumes of marine products, stringent quality control managed in its own logistics warehouse, and efficient logistics for both domestic and international distribution.

The Pirates offers an extensive range of seafood products available live, fresh, or frozen. Their product categories include fin fish, crab, lobster, shrimp, clam, octopus, squid, and various other frozen seafood items. Specific offerings feature mackerel, turbot, flounder, hamachi, and abalone, catering to diverse culinary needs, including sushi. The company leverages its self-operated logistics warehouse and optimized transportation systems to manage the complexities of both domestic logistics and international trade, ensuring rapid and accurate delivery.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Seoul, South Korea
Employees
32
Open positions
None listed
Dealroom signal
81.8/100
Industry
Food
Sub-industry
Food Logistics & Delivery
Sector
eCommerce & Marketplaces
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Nov 2022 $13M $84M SV Investment · KDB Bank · TimeWorks Investment · Yuanta Financial Holdings Group —
SERIES B✓Equity / VC Jul 2020 $14M $57M Timewise Investment · Woori Bank · Kolon Investment · KIWOOM SECURITIES —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

The Pirates website traffic

Latest recorded traffic for The Pirates is 170K monthly website visits, up 21.4% over the last three months. The Pirates's team grew 14.3% over the past year.

Latest monthly visits170K 3-month web change+21.4% 1-year team growth+14.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

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

Series A5 investors entered at this stage

  • Bass Investment
  • Timewise Investment
  • Woori Bank
  • Kolon Investment
  • KIWOOM SECURITIES

Series B and later5 investors entered at this stage

  • SV Investment
  • KDB Bank
  • TimeWorks Investment
  • Yuanta Financial Holdings Group
  • L&S Venture Capital

Other known investors1 additional known investor

  • TimewiseInvestment
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about The Pirates 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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