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Data Center News > Blog > Investments > Miridih Raises $15M in Series B Funding
Investments

Miridih Raises $15M in Series B Funding

Last updated: July 13, 2024 12:27 pm
Published July 13, 2024
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Miridih, a Seoul, South Korea-based firm offering a SaaS-based design platform, raised $15M in Collection B funding.

The spherical was led by Kiwoom PE, Industrial Financial institution of Korea(IBK), Shinhan Enterprise Funding, and G.N. Tech Enterprise Capital. With this funding, Miridih’s post-money valuation has been acknowledged at KRW 280 billion (roughly USD 215 million).

The corporate intends to make use of the funds for expertise acquisition and international advertising and marketing to additional speed up its international enlargement.

Led by CEO Kang Changseok, Miridih has established itself within the home market with its SaaS-based design platform ‘MiriCanvas’, which boasts 13 million customers, and POD printing service ‘BizHows.’

The corporate recorded gross sales of KRW 14.7 billion in 2020, KRW 19.3 billion in 2021, KRW 33.1 billion in 2022, and KRW 60.7 billion (with an working revenue of KRW 7.7 billion) final 12 months in 2023. In the meantime, Miridih introduced plans to pick an IPO underwriter within the second half of 2024 and formally start preparations for its IPO.

FinSMEs

12/07/2024

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See also  How Kingston Global Japan Helps High-Net-Worth Clients Build Resilient Cross-Border Wealth Strategies
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