Altos Ventures

Altos Ventures Management, Inc., founded in 1996 and headquartered in Menlo Park, California, with an additional office in Seoul, South Korea, specializes in venture capital investments across various stages, including seed/startup and late venture. The firm manages over $3 billion in assets and focuses on early-stage technology and consumer companies, particularly in sectors such as enterprise SaaS, FinTech, and e-commerce. Altos Ventures invests between $0.1 million and $3 million in companies with revenues exceeding $1 million, often holding minority stakes. It has been a lead institutional investor in over 100 companies globally and seeks high-growth, capital-efficient businesses led by founders. The firm's investment strategy includes both direct investments and fund of funds, with a geographical focus on markets such as California, Canada, Korea, and Latin America.

James H. Dai

Partner

Brittany Hargest

Partner

Haemin Jeong

Associate

Hodong Nam

Co-Founder and Managing Director

Moon-Suk Oh

Partner

Hee-Eun Park

Partner

Catherine Shin

Investor

Gyeong-chan Song

Partner

Kyungchan Song

Partner

Tae Yoon

Partner

Past deals in B2C

Populix

Series A in 2022
Populix is a consumer insights platform that help businesses connect with readily available high qualified respondents. The ~150,000 potential respondents are constant-on the platform and we do both qualitative and quantitative studies, helping clients from research design, respondent recruitment to data analysis and recommendations with quick turnkey and quality output.

Yamibuy

Series B in 2022
Founded in 2013 by CEO Alex Zhou, Yamibuy is the leading e-commerce site to purchase the most complete selection of Asian products. Rapid year-over-year growth since the company’s founding has earned Yamibuy the distinction of being the most popular one-stop shopping destination among the Chinese community in North America.

Karrot

Series D in 2021
Carrots Market is a second-hand direct app for residents near you.

SODA

Series C in 2021
SODA operates a customer-to-customer marketplace called Snkrdunk, primarily focused on the buying and selling of sneakers. With over 2.5 million monthly users in Japan, the platform facilitates safe transactions by offering legitimacy checking services through a local authentication provider. Snkrdunk functions as a sneaker flea market where users can trade premium sneakers, and it fosters a community by regularly posting new sneaker releases, media content, and trend information. This platform not only connects buyers and sellers but also keeps users informed about the latest developments in the sneaker industry.

Karrot

Series C in 2020
Carrots Market is a second-hand direct app for residents near you.

JK Inspir

Venture Round in 2020
JK Inspir is a direct-to-consumer company that manufactures and distributes cosmetic brands globally. The company offers two different product lines: its eco-friendly women's product brand, Audrey Sun; and its body care brand, The Baird Cosmetics.

MEATBOX

Series C in 2018
Operator of an online direct trading platform intended to sell meat products. The company's platform offers a range of livestock directly from the suppliers, enabling buyers to source packed, tested and fresh meat at affordable rates.

Bespin Global

Series A in 2017
Bespin Global Co., Ltd. is a South Korean company specializing in cloud management and services, founded in 1998 and based in Seoul. The company develops the Bespin Service Platform (BSP), which facilitates multi-cloud monitoring and management, offering a comprehensive view of business operations. Bespin Global provides managed services for major cloud providers such as AWS and Azure, enabling clients to transition from license-based applications to SaaS models. The company also offers FlexCloud for virtual server resources, as well as hybrid and private cloud solutions. Additionally, Bespin Global assists clients with cloud migration, infrastructure operation, and strategic consulting, focusing on optimizing cloud architectures tailored to various industry needs. Through its offerings, Bespin Global aims to drive digital transformation by helping organizations effectively utilize cloud technology for innovation.

Demandbase

Series H in 2017
Demandbase, Inc. is a provider of marketing solutions tailored for business-to-business (B2B) companies globally. The company specializes in account-based marketing (ABM), offering a comprehensive cloud-based platform that integrates advertising, personalization, and analytics to help marketers effectively connect their campaigns to revenue generation. Demandbase's platform enables B2B marketers to manage account-based campaigns, utilize artificial intelligence to identify buyer interests, and automate sales and marketing actions throughout the ABM funnel. Additionally, it provides tools for performance management, web analytics, and consulting services, facilitating a streamlined approach to achieving revenue goals with optimized resource usage. Founded in 2005 and headquartered in San Francisco, Demandbase has established itself as a key player in the B2B marketing technology landscape.

MEATBOX

Series B in 2017
Operator of an online direct trading platform intended to sell meat products. The company's platform offers a range of livestock directly from the suppliers, enabling buyers to source packed, tested and fresh meat at affordable rates.

Memebox

Series C in 2016
Memebox Corporation is an online retailer specializing in beauty care products, with a strong emphasis on Asian beauty trends, particularly K-beauty. Founded in 2012 and based in San Francisco, the company offers a wide range of skincare items such as cleansers, toners, sheet masks, serums, creams, and sunscreens. Additionally, Memebox provides an extensive selection of makeup products, including foundations, eyeshadows, lip care, and nail care items. The company serves a diverse customer base across the United States, China, Korea, and other international markets, focusing on trend forecasting and creating private label products that cater to beauty enthusiasts.

29CM

Venture Round in 2016
AplusB runs an online select shop 29cm, which provides customers with various kinds of domestic and foreign brands. 29cm offers products into four categories: fashion, home, lifestyle, and culture.

LinkShops

Venture Round in 2015
Funded by KTB network, Linkshops.com is the first multi-lingual B2B marketplace for Dong-dae-moon fashion.

Demandbase

Series G in 2015
Demandbase, Inc. is a provider of marketing solutions tailored for business-to-business (B2B) companies globally. The company specializes in account-based marketing (ABM), offering a comprehensive cloud-based platform that integrates advertising, personalization, and analytics to help marketers effectively connect their campaigns to revenue generation. Demandbase's platform enables B2B marketers to manage account-based campaigns, utilize artificial intelligence to identify buyer interests, and automate sales and marketing actions throughout the ABM funnel. Additionally, it provides tools for performance management, web analytics, and consulting services, facilitating a streamlined approach to achieving revenue goals with optimized resource usage. Founded in 2005 and headquartered in San Francisco, Demandbase has established itself as a key player in the B2B marketing technology landscape.

Channel Breeze

Venture Round in 2015
Channel Breeze is a mobile navigation application that provides its users with an apartment hunting services. The company is based in Seoul, South Korea.

Demandbase

Series F in 2014
Demandbase, Inc. is a provider of marketing solutions tailored for business-to-business (B2B) companies globally. The company specializes in account-based marketing (ABM), offering a comprehensive cloud-based platform that integrates advertising, personalization, and analytics to help marketers effectively connect their campaigns to revenue generation. Demandbase's platform enables B2B marketers to manage account-based campaigns, utilize artificial intelligence to identify buyer interests, and automate sales and marketing actions throughout the ABM funnel. Additionally, it provides tools for performance management, web analytics, and consulting services, facilitating a streamlined approach to achieving revenue goals with optimized resource usage. Founded in 2005 and headquartered in San Francisco, Demandbase has established itself as a key player in the B2B marketing technology landscape.

Channel Breeze

Series A in 2014
Channel Breeze is a mobile navigation application that provides its users with an apartment hunting services. The company is based in Seoul, South Korea.

Demandbase

Series D in 2013
Demandbase, Inc. is a provider of marketing solutions tailored for business-to-business (B2B) companies globally. The company specializes in account-based marketing (ABM), offering a comprehensive cloud-based platform that integrates advertising, personalization, and analytics to help marketers effectively connect their campaigns to revenue generation. Demandbase's platform enables B2B marketers to manage account-based campaigns, utilize artificial intelligence to identify buyer interests, and automate sales and marketing actions throughout the ABM funnel. Additionally, it provides tools for performance management, web analytics, and consulting services, facilitating a streamlined approach to achieving revenue goals with optimized resource usage. Founded in 2005 and headquartered in San Francisco, Demandbase has established itself as a key player in the B2B marketing technology landscape.

Billeo Inc.

Series C in 2012
[Acquired by PaymentUs.] Billeo is a leading provider of online shopping and bill pay services since 2006, helping banks, card issuers and product marketplaces better engage, retain, and deepen consumer loyalty. Its services allow financial institutions and marketplaces to simplify and speed up the online and mobile shopping and payment process for their consumers.

Demandbase

Series C in 2011
Demandbase, Inc. is a provider of marketing solutions tailored for business-to-business (B2B) companies globally. The company specializes in account-based marketing (ABM), offering a comprehensive cloud-based platform that integrates advertising, personalization, and analytics to help marketers effectively connect their campaigns to revenue generation. Demandbase's platform enables B2B marketers to manage account-based campaigns, utilize artificial intelligence to identify buyer interests, and automate sales and marketing actions throughout the ABM funnel. Additionally, it provides tools for performance management, web analytics, and consulting services, facilitating a streamlined approach to achieving revenue goals with optimized resource usage. Founded in 2005 and headquartered in San Francisco, Demandbase has established itself as a key player in the B2B marketing technology landscape.

Coupang

Venture Round in 2011
Coupang Corp. operates an online retail platform that offers a wide range of products, including baby goods, fashion, beauty products, electronics, and home decor, along with daily discounted deals on various goods and services. Founded in 2010 and headquartered in Seoul, South Korea, the company emphasizes a customer-centric approach, aiming to provide competitive prices and a personalized shopping experience through its mobile application. Coupang leverages innovative technology to enhance operations, focusing on improving the end-to-end customer experience, particularly in areas like last-mile delivery and product discovery. With additional offices in major cities such as Beijing, Shanghai, Los Angeles, and Seattle, Coupang has established itself as a significant player in the global e-commerce market.

Demandbase

Series B in 2008
Demandbase, Inc. is a provider of marketing solutions tailored for business-to-business (B2B) companies globally. The company specializes in account-based marketing (ABM), offering a comprehensive cloud-based platform that integrates advertising, personalization, and analytics to help marketers effectively connect their campaigns to revenue generation. Demandbase's platform enables B2B marketers to manage account-based campaigns, utilize artificial intelligence to identify buyer interests, and automate sales and marketing actions throughout the ABM funnel. Additionally, it provides tools for performance management, web analytics, and consulting services, facilitating a streamlined approach to achieving revenue goals with optimized resource usage. Founded in 2005 and headquartered in San Francisco, Demandbase has established itself as a key player in the B2B marketing technology landscape.

Billeo Inc.

Series B in 2007
[Acquired by PaymentUs.] Billeo is a leading provider of online shopping and bill pay services since 2006, helping banks, card issuers and product marketplaces better engage, retain, and deepen consumer loyalty. Its services allow financial institutions and marketplaces to simplify and speed up the online and mobile shopping and payment process for their consumers.

DemandTec

Debt Financing in 2007
DemandTec is a provider of consumer demand management software that connects over 340 retailers and consumer products companies, facilitating collaboration on merchandising and marketing activities. The company's services are designed to help clients achieve goals related to sales volume, revenue, shopper loyalty, and profitability. DemandTec's platform leverages scientific modeling to analyze and understand consumer behavior, allowing for better decision-making in trade deals, with nearly four million agreements having been facilitated. Its clientele includes notable retailers and consumer packaged goods companies, such as Ahold USA, Best Buy, ConAgra Foods, The Home Depot, and Walmart, among others. Through its collaborative optimization network, DemandTec enables effective transactions and interactions across the supply chain.

Billeo Inc.

Series A in 2006
[Acquired by PaymentUs.] Billeo is a leading provider of online shopping and bill pay services since 2006, helping banks, card issuers and product marketplaces better engage, retain, and deepen consumer loyalty. Its services allow financial institutions and marketplaces to simplify and speed up the online and mobile shopping and payment process for their consumers.

Luna Imaging

Series C in 2000
It is Luna's belief that in the new economy, businesses are going to have to quickly learn to share information beyond their enterprise walls. This degree of openness will require secure and personalized B2B solutions that both leverage existing investments as well as evolve rapidly to meet new business requirements. Founded in 1997, Luna has assembled an industry-leading team of executives, engineers, investors, and advisors. With this remarkable pool of talent, Luna has worked non-stop to build a high-performance, scalable and reliable B2B platform that meets the needs of business competing in the networked economy.
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