Korean Fashion Platform DANBLE Raises 5.4 Billion KRW in Series A Funding

Taylor Town, which operates the fashion commerce platform ‘DANBLE‘ for male office workers in their 30s to 50s based in Korea, has secured 5.4 billion KRW in Series A funding. This round was exclusively led by the global investment firm Goodwater Capital, bringing the company’s total accumulated investment to approximately 6.3 billion KRW.

Launched officially in March 2022, DANBLE has experienced rapid growth, achieving over tenfold annual transaction growth by featuring popular brands such as Brompton London and Bonmagnum.

One of the platform’s standout features is its personalized service that selects sizes for customers, which has been particularly well-received. DANBLE extracts data regarding customers’ body types and styles to create a tailored shopping experience for each individual. After their first purchase, customers can continuously communicate with curators to provide feedback and refine the personalized algorithm to better suit their preferences.

Taylor Town plans to use this investment to expand into new categories and further enhance its size recommendation algorithm.

Jin-seok Oh, a partner at Goodwater Capital, explained their investment decision: “DANBLE is revolutionizing the online fashion market for men in their 30s to 50s. From initial sign-up to size selection and payment, their meticulously crafted personalized UX breaks down the barriers of online shopping and keeps customers engaged.”

Hee-soo Kim, CEO of Taylor Town, expressed his aspirations: “Everyone wants to look good and become a better version of themselves. We aim to create a platform that solves the size and TPO (Time, Place, Occasion) concerns of busy male office workers in their 30s to 50s, making it the easiest way for men to look stylish.”

Share

Leave a Reply

Your email address will not be published. Required fields are marked *