Fapis, a luxury repair-and-resale platform, raises funding from Baemin founder Bongjin Kim. The company opens its first flagship store in Seoul's Gangnam District.
PRIVATEOct 28, 2026
Round Type
Venture
E CommerceFashion
Investors
Bongjin Kim
Description
Fapis, operated by LRHR, has secured funding from Bongjin Kim, founder of Baemin and chair of Grande Clip, investing as an individual. The investment amount was not disclosed. The platform also opened its first flagship store in Nonhyeon-dong, Seoul, a 100-pyeong reservation-only space with consultation rooms. Fapis processes around 10,000 sales requests monthly and exports to approximately 10 countries.
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Company Information
Company
Fapis
About
Fapis is a platform for repairing and consigning used luxury goods, targeting items with damage such as scratches or discoloration. The platform allows customers to upload photos for repair estimates and expected sale prices, with costs deducted after sale. It operates both online and offline channels, including a flagship store in Seoul's Gangnam District, and exports to approximately 10 countries including France, Germany, the UK, and the US.
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