YCOMMA, a Korean startup gearing up to launch the MZ fashion outlet platform “drrip,” has secured seed bridge funding from Schmidt, a subsidiary of DSC Investment. This follows an initial seed investment from BonAngels Venture Partners last August, completing YCOMMA’s seed round.

Founded in January of this year, YCOMMA is led by CEO Seon Jong-seok, CEO Kim Hyun-joong, and Director Kim Min-geun, who previously established and grew Brandy’s men’s fashion platform, HIVER. YCOMMA’s upcoming platform, “drrip,” is an outlet specifically designed for the MZ generation, offering carryover and in-stock products from various fashion brands.

Director Kim Min-geun commented, “We’re currently laying the groundwork for community-driven fashion commerce by fostering strong partnerships with numerous influencers and MCNs in preparation for our official launch.” He continued, “Looking ahead, drrip will build relationships between brands, consumers, and influencers through curated content. Our goal is to create a virtuous cycle that addresses long-standing issues in the fashion industry.”

Recently, drrip held a project exhibition from September 28 to October 11, featuring carryover and stock items from the global young casual brand Kirsi, attracting 50,000 cumulative visitors over two weeks. The exhibition’s collaborative YouTube video reached 250,000 views, while an Instagram Reels clip garnered 450,000 views, both receiving significant attention from Gen Z.

Kim Jung-yoon, an investor from Schmidt who led this funding round, stated, “drrip is a platform that addresses the challenges of excess inventory for fashion brands while tapping into influencer and content-driven consumption trends. Our recent successful collaboration with Kirsi reinforced our belief in YCOMMA’s potential to shape new consumption trends and contribute to a sustainable fashion ecosystem.”
CEO Seon Jong-seok expressed gratitude for Schmidt’s support, saying, “We’re thankful to have Schmidt as a trusted partner. This investment will allow us to accelerate our growth after the official launch.” He added, “drrip plans to launch domestically in January next year, followed by an expansion into Japan in the latter half of the year. Our focus is on rapid growth through successful launches and global expansion within the coming year.”