Bomchan Secures Pre-Series A Funding to Revolutionize Stone Commerce


Imported stone commerce startup Bomchan announced that it secured pre-Series A funding from New Paradigm Investment, with the amount undisclosed.

Founded in 2024, Bomchan is digitizing the outdated stone distribution industry with nationwide delivery and data-driven operations. Its platform, Bomchan, offers tailored stone products for construction, landscaping, interior design, and civil engineering online, setting a new standard for stone commerce.

The traditional stone market, plagued by an aging workforce, regional fragmentation, and opaque pricing, has resisted innovation. Bomchan is rapidly transforming the industry with three pillars: standardization, digitization, and nationwide delivery.

The stone industry is valued at USD 1.56 billion (KRW 2,18 billion), with imported stones accounting for USD 1.13 billion (KRW 1,57 billion), or 72% of the market. Demand continues to grow, driven by policies mandating eco-friendly materials.

Bomchan leads online stone distribution with a B2C-focused revenue model, offering customized products and a standardized online pricing system. In 2024, it recorded annual revenue of USD 0.79 million (KRW 1.1 billion), a 28% operating profit margin, and a 4.9 customer rating.

In the first half of this year, Bomchan relocated to a 1,000-pyeong (33,000 sq meter) logistics center, accelerating B2B large-client support and nationwide distribution network enhancements.

Jehyeon Park, Co-CEO of New Paradigm, stated, “Bomchan combines system-driven efficiency with customer-centric commerce, sparking change in Korea’s stagnant stone distribution sector. Its potential for digital transformation and ESG impact drove our investment decision.”

With this funding, Bomchan plans to expand logistics infrastructure, pilot proprietary delivery, hire sales and development staff, and invest in overseas partner factory facilities to strengthen core operations.

Jiheum Park, CEO of Bomchan, said, “This investment will fuel infrastructure upgrades and system optimization. Through collaboration with Southeast Asian partner factories, we’ll enhance tailored stone production and become the benchmark for stone distribution.”

In 2024, New Paradigm Investment invested USD 4.29 million (KRW 6 billion) across 14 startups. It was recently selected as a general partner for the Korean government’s “2025 Mother Fund 1st Regular Investment Program.”

Jehyeon Park added, “Our 2025 target for follow-on investments is USD 642.86 million (KRW 900 billion). We plan to deploy USD 5.71 million (KRW 8 billion) across 16+ promising startups, aiming to nurture 20+ baby unicorns by 2027.”

Share

Leave a Reply

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