Kurly Raises $88M in Series D Funding

kurlyKurly, Inc., a Seoul, Korea-based provider of an online grocery service, raised $88m in Series D funding.

Sequoia Capital China led the round with existing investors. Global Venture Partners, a new international investor, participated in the round.

The company intends to use the funds to retain scale the business rapidly and to speed up its development, including a key transition to AWS Cloud Native and the construction of a processing platform for large-scale data management.

Led by Sophie Kim, CEO, Kurly provides an online premium grocery service, Market Kurly, which delivers orders placed by 11 am by 7 am the next morning, including fresh produce harvested that same day.

FinSMEs

05/04/2019

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