Fundz

Korean Internet Giant Naver Backs E-Commerce Aggregator New Vessel In Seed Round

Feb 15, 2022
South KoreaFinancial ServicesArtificial IntelligenceFinanceFintechBlockchainCryptocurrencyLendinginformation technology & services

Description

According to EMarketer, Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators than other countries with smaller markets.

Quick answer

Naver raised an undisclosed amount in a funding round, dated February 15, 2022. Naver is based in South Korea.

How much did Naver raise?
Naver raised an undisclosed amount in a funding round on February 15, 2022.
What does Naver do?
Naver Corp. is a leading South Korean internet company, known for its search engine and various online services.
Where is Naver based and how big is it?
Naver is based in South Korea. Fundz records about 1,400 employees.
Who are the decision-makers at Naver?
Fundz holds 4 contacts at Naver, including the Seokjoo Han • 2nd Head of Naver Europe Paris, Île-de-France, France Suivre 2 k Abonnés Jean-Christophe Pitié. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Naver that raised within 45 days of this round, from Fundz verified event records.

  • T-Rex Group, Inc. raised $34M on February 1, 2022.
  • T-Rex Group, Inc. raised $40M on January 26, 2022.
  • Aether raised $18M (Series A) on March 2, 2022.
  • Bitcoin Well raised $5M (Convertible Note) on February 24, 2022.
  • WonderFi raised an undisclosed amount on February 18, 2022.
  • Cred raised $300M (Funding Round) on February 10, 2022.

Who to call at Naver, and when

A new round usually means Naver is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Naver raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Naver, from your own LinkedIn network

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Company Information

Company

Naver

Location

South Korea

About

Naver Corp. is a leading South Korean internet company, known for its search engine and various online services. It has expanded into diverse sectors including fintech, with a focus on innovative technologies. Naver is the largest stakeholder in its fintech subsidiary, Naver Financial Corp. The company is actively involved in blockchain initiatives and stablecoin development.

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Fundz sees it the moment Naver raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

4 contacts
Verified contactsSeokjoo H., Seokjoo Han • 2nd Head of Naver Europe… hidden hidden hiddenSee plans and pricing
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Naver raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.