Miridih, a Seoul, South Korea-based company providing a SaaS-based design platform, raised $15M in Series B funding.
The round was led by Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital. With this investment, Miridih’s post-money valuation has been recognized at KRW 280 billion (approximately USD 215 million).
The company intends to use the funds for talent acquisition and global marketing to further accelerate its global expansion.
Led by CEO Kang Changseok, Miridih has established itself in the domestic market with its SaaS-based design platform ‘MiriCanvas’, which boasts 13 million users, and POD printing service ‘BizHows.’
The company recorded 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 operating profit of KRW 7.7 billion) last year in 2023. Meanwhile, Miridih announced plans to select an IPO underwriter in the second half of 2024 and officially begin preparations for its IPO.
FinSMEs
12/07/2024