Korbit

About

Korbit provides online bitcoin exchange, wallet, and merchant processor services.

Seoul,Seoul-t'ukpyolsi,South Korea
101 - 250
http://korbit.co.kr

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $3M
Industries: Bitcoin,Blockchain,Cryptocurrency,Finance,Financial Exchanges,Financial Services,FinTech
Founded date: Jul 5, 2013
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Korbit, Inc
Also Known As: 코빗

Korbit provides online bitcoin exchange, wallet, and merchant processor services. Kangmo Kim, Louis Jinhwa Kim, and Tony Lyu founded it on July 5, 2013, with its headquarters in Seoul in South Korea as a subsidiary of NXC as of September 26, 2017.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$6.40M ₩90.13B

Korbit has raised a total of $6.40M ₩90.13B in funding over 2 rounds. Their latest funding was raised on Nov 29, 2021 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 29, 2021	Series Unknown	₩90B	—	—	—	Detail
Feb 6, 2017	Series A	—	1	—	—	Detail
Jul 25, 2015	Series A	$3M	3	Pantera Capital Softbank Ventures Asia	—	Detail
Aug 25, 2014	Series A	$3M	6	Pantera Capital Softbank Ventures Asia	—	Detail
Jan 20, 2014	Seed	$400K	8	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

15

Korbit is funded by 15 investors. Pantera Capital and Softbank Ventures Asia are the most recent investors.

Investor Name	Lead Investor	Funding Round
Pantera Capital	Yes	Series A
Softbank Ventures Asia	Yes	Series A
Strong Ventures	—	Series A
Digital Currency Group	—	Series A
BAM Ventures	—	Series A
Draper Associates	—	Series A
Pietro Dova	—	Series A
David Lee	—	Seed
Firestartr	—	Seed
Jay Eum	—	Seed