Altos Ventures

Founded in 1996, Altos Ventures is a venture capital firm headquartered in Menlo Park, California with an additional office in Seoul, South Korea. It specializes in early-stage investments in consumer and technology companies, focusing on enterprise SaaS, FinTech, e-commerce, and consumer brands and services. The firm invests globally, with a particular interest in North America, Asia, and Latin America.

James Dai

Partner

Brittany Hargest

Partner

Haemin Jeong

Associate

Han Kim

Managing Director

Dillon Krasnigor

Executive, Investment Team

Past deals in Marketplace

MarqVision (Marq AI)

Series A in 2024
MarqVision is a brand protection platform designed to assist companies in detecting and removing counterfeit products sold online. Utilizing advanced AI and machine learning technologies, the platform enables global brands to automatically identify infringing listings across various online marketplaces. By streamlining the process of countering intellectual property infringement, MarqVision helps clients safeguard their sales and protect their reputations from the threats posed by counterfeiters.

Blockus

Pre Seed Round in 2024
Blockus is a technology company that specializes in providing an all-in-one ecosystem for Web3 gaming. It offers a seamless, fully compliant platform that enables game studios to build and launch games quickly, reduce operational costs, and focus on game development and user experience. The company's platform includes a first-party NFT marketplace, integrated fiat and crypto payment solutions, and wallet management services. Blockus is backed by notable investors and is recognized for elevating gaming on the Sei network.

KREAM

Venture Round in 2023
KREAM is an online resale marketplace for authenticated limited-edition sneakers and streetwear. The platform operates with a bid-ask model and dynamic pricing, supported by a rigorous verification process that ensures buyers and sellers can trade limited releases securely and efficiently.

Nexu

Series B in 2023
Nexu is a digital platform designed for car dealerships. It uses AI and automation to offer real-time financing solutions, enabling more customers to acquire new or used vehicles with personalized plans and minimal requirements.

KREAM

Series C in 2023
KREAM is an online resale marketplace for authenticated limited-edition sneakers and streetwear. The platform operates with a bid-ask model and dynamic pricing, supported by a rigorous verification process that ensures buyers and sellers can trade limited releases securely and efficiently.

Powered by People

Series A in 2023
Powered by People is a mobile-first platform that facilitates ethical manufacturing practices through its online marketplace. The company focuses on connecting small and mid-sized enterprises in the creative manufacturing and handmade sector with international buyers, promoting transparency in the supply chain. By offering online tools and financing solutions, Powered by People enables wholesalers to source quality products from skilled producers in low-income countries. This approach not only streamlines the procurement process but also ensures direct payments to producers, fostering fair trade and sustainable practices in the industry.

Sweet Spot

Series B in 2023
Sweet Spot is a platform designed for businesses and retailers seeking marketing and sales space. It operates a store brokerage service that allows users to search for and register properties and spaces through a single application. This user-friendly platform enables clients to access a variety of available spaces tailored to their business needs, streamlining the process of finding suitable locations for marketing and sales activities.

Backpackr

Series C in 2023
Backpackr Inc. is a software development company based in Seoul, South Korea, specializing in mobile applications for Apple devices. Founded in 2012, the company offers a diverse portfolio of applications designed to enhance user experience and functionality. Its products include Good Sleep, which aids users in achieving restful sleep; Quick Search, a tool for efficient information retrieval; Quick Message + for seamless communication; Quick Dial + for simplified calling; Smart Photo Organizer for managing digital photos and videos; Star Wallpapers for personalized wallpaper creation; and Ringtones Plus+ for customizing ringtones. In addition to its application development, Backpackr operates an online app store that allows users to purchase a variety of smartphone applications.

Plugo

Series A in 2022
Plugo is an all-in-one e-commerce platform designed to assist individuals in starting and managing online businesses. The platform provides a range of customizable tools, including personalized website templates, order management systems, payment gateway integrations, and logistics support. Additionally, it offers various marketing tools and omnichannel capabilities to enhance the user experience. Plugo is entirely cloud-based, allowing users to access and manage their business operations from any location at any time, facilitating flexibility and convenience for entrepreneurs.

Chunmyung

Series A in 2022
Chunmyung is a consulting and online service company based in Seoul, South Korea, specializing in connecting customers with fortune-telling services and consultations through its online-to-offline (O2O) platform. The company serves as an intermediary in the telecommunications sector, facilitating connections without directly handling service reservations, usage, or refunds. In addition to its fortune-telling platform, Chunmyung also provides a service that helps users find verified teachers based on their preferences, age, subject, and other criteria, enabling tailored consultations. This diverse range of offerings has contributed to the company's rapid growth and expansion in the service industry.

Nexu

Series A in 2022
Nexu is a digital platform designed for car dealerships. It uses AI and automation to offer real-time financing solutions, enabling more customers to acquire new or used vehicles with personalized plans and minimal requirements.

KREAM

Series B in 2021
KREAM is an online resale marketplace for authenticated limited-edition sneakers and streetwear. The platform operates with a bid-ask model and dynamic pricing, supported by a rigorous verification process that ensures buyers and sellers can trade limited releases securely and efficiently.

Karrot Market

Series D in 2021
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

SODA

Series C in 2021
SODA is an operator of a customer-to-customer marketplace focused on sneakers, known as SNKRDUNK, which has gained significant traction with over 3 million monthly users in Japan. The platform facilitates a secure environment for users to buy and sell premium sneakers, offering legitimacy verification services through partnerships with local authentication providers. SNKRDUNK not only serves as a marketplace but also fosters a community where users can stay informed about the latest sneaker trends, including new releases, media leaks, and coordinated sneaker photography. This comprehensive approach allows users to engage with the sneaker culture actively while ensuring the authenticity and quality of the products being traded.

OpenSesame

Series D in 2021
OpenSesame Inc. is an e-learning company that operates an online marketplace for training courses aimed at businesses and employees. Founded in 2011 and headquartered in Portland, Oregon, with an additional office in London, the company offers a comprehensive catalog of e-learning courses sourced from leading publishers across various industries, including technology, retail, finance, healthcare, manufacturing, and government. The platform enables users to preview courses, read reviews, and research course providers, facilitating the selection and integration of training programs that align with organizational needs. OpenSesame is dedicated to enhancing learning and development initiatives by improving course utilization and fostering employee engagement.

Outdoorsy

Series D in 2021
Outdoorsy operates a peer-to-peer marketplace connecting recreational vehicle (RV) owners with campers. It enables RV owners to monetize their assets by providing tools such as insurance, marketing resources, and access to customers. For renters, it offers a wide selection of RVs including vintage trailers, toy haulers, and Class A, B, and C motorhomes.

KREAM

Series A in 2021
KREAM is an online resale marketplace for authenticated limited-edition sneakers and streetwear. The platform operates with a bid-ask model and dynamic pricing, supported by a rigorous verification process that ensures buyers and sellers can trade limited releases securely and efficiently.

Delivery Hero

Post in 2021
Delivery Hero is a global online food delivery platform that operates a network of online ordering sites connecting customers with restaurant partners. It operates in over 70 countries across five continents and serves the Americas, Europe, Asia, and the Middle East and North Africa. The platform enables customers to browse menus, place orders, and have meals delivered or picked up, while revenue primarily comes from commissions on each order, varying by country, restaurant type, and service. As a tech-enabled marketplace, it coordinates ordering and delivery through its partner network, offering a wide range of local food options.

Trevari

Series B in 2020
Trevari, established in 2015 and based in Seoul, South Korea, operates an online platform for subscription-based book clubs. The company facilitates in-person meetings for subscribers, who can join various groups centered around diverse topics such as psychology, culture, technology, and marketing. Trevari curates detailed plans and intriguing themes for each reading group to foster engaging discussions among members seeking a sense of community with like-minded individuals.

Chairish

Series B in 2020
Chairish is an online marketplace specializing in curated home furniture, art, and decor. It offers a wide range of vintage, antique, and contemporary pieces from various sources, all pre-screened by its team of curators to ensure high style standards.

Chowbus

Series A in 2020
Chowbus, Inc. is a food ordering and delivery platform specializing in Asian cuisine, allowing users to conveniently order dishes from various restaurants through its online and mobile applications. The platform features a diverse menu that includes Chinese, Korean, Thai, and Japanese food, catering to a growing demand for authentic ethnic dining experiences. Founded in 2015 and headquartered in Chicago, Illinois, Chowbus not only facilitates food delivery but also offers additional services such as shuttle, pickup, and grocery options. By empowering local ethnic restaurants with technology and marketing tools, Chowbus aims to enhance their operational efficiency and increase sales, while providing customers with a streamlined, dish-centric ordering experience. The application is accessible on major platforms, including the App Store and Google Play.

Karrot Market

Series C in 2020
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

Karrot Market

Series C in 2019
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

OpenSesame

Series C in 2019
OpenSesame Inc. is an e-learning company that operates an online marketplace for training courses aimed at businesses and employees. Founded in 2011 and headquartered in Portland, Oregon, with an additional office in London, the company offers a comprehensive catalog of e-learning courses sourced from leading publishers across various industries, including technology, retail, finance, healthcare, manufacturing, and government. The platform enables users to preview courses, read reviews, and research course providers, facilitating the selection and integration of training programs that align with organizational needs. OpenSesame is dedicated to enhancing learning and development initiatives by improving course utilization and fostering employee engagement.

TokoTalk

Seed Round in 2019
TokoTalk is a Jakarta-based company that offers a chat-based e-commerce platform tailored for social media networks, facilitating online purchases. Founded in 2018, TokoTalk provides an application accessible via app stores and web browsers, enabling users to browse product catalogs, make payments, and receive order and shipping confirmations. The platform features an order management system that automates various aspects of running an online store, including order processing, stock management, and printing shipping labels. Additionally, TokoTalk supports online shop owners with tools designed to optimize their stores and enhance customer experience.

Outdoorsy

Series C in 2019
Outdoorsy operates a peer-to-peer marketplace connecting recreational vehicle (RV) owners with campers. It enables RV owners to monetize their assets by providing tools such as insurance, marketing resources, and access to customers. For renters, it offers a wide selection of RVs including vintage trailers, toy haulers, and Class A, B, and C motorhomes.

Lendit

Venture Round in 2018
Lendit is a South Korean fintech company operating an online peer-to-peer lending platform. It connects investors with borrowers seeking personal loans, offering competitive interest rates for both parties. Lendit uses advanced risk-ranking algorithms and efficient operational processes to facilitate these transactions. Borrowers can access APRs ranging from 4.5% to 18.0%, while investors enjoy an average return of approximately 10.66%. The company's platform is fully automated, using a credit scoring model for personalized interest rates based on various data points. Lendit aims to disrupt traditional banking systems by providing accessible financial solutions for both borrowers and investors.

Linkshops

Venture Round in 2018
Linkshops.com is the first multi-lingual B2B marketplace focused on the Dong-dae-moon fashion sector, supported by KTB Network. The company operates an online platform that facilitates wholesale retail store services. It offers daily updates on newly arrived products and includes features such as online ordering, bulk orders, reservation, pick-up, delivery, and invoicing. This comprehensive approach helps businesses streamline operations and reduce costs while allowing consumers to benefit from savings.

Sweet Spot

Series A in 2018
Sweet Spot is a platform designed for businesses and retailers seeking marketing and sales space. It operates a store brokerage service that allows users to search for and register properties and spaces through a single application. This user-friendly platform enables clients to access a variety of available spaces tailored to their business needs, streamlining the process of finding suitable locations for marketing and sales activities.

Kmong

Series B in 2018
Kmong Inc. is a South Korean company that operates a freelance and micro-job marketplace, facilitating the exchange of services between individuals. Established in June 2012, the platform allows users to buy and sell a wide range of services across various categories, including design, IT and programming, marketing, consulting, translation, writing, and more. Freelancers can list their services with price quotes, making it easier for potential clients to find and engage with them. Kmong's services extend beyond traditional categories to include offerings like private lessons and unique personal services. The company is based in Seoul and provides a mobile application for Android devices, enhancing accessibility for users.

Outdoorsy

Series B in 2018
Outdoorsy operates a peer-to-peer marketplace connecting recreational vehicle (RV) owners with campers. It enables RV owners to monetize their assets by providing tools such as insurance, marketing resources, and access to customers. For renters, it offers a wide selection of RVs including vintage trailers, toy haulers, and Class A, B, and C motorhomes.

Kmong

Venture Round in 2017
Kmong Inc. is a South Korean company that operates a freelance and micro-job marketplace, facilitating the exchange of services between individuals. Established in June 2012, the platform allows users to buy and sell a wide range of services across various categories, including design, IT and programming, marketing, consulting, translation, writing, and more. Freelancers can list their services with price quotes, making it easier for potential clients to find and engage with them. Kmong's services extend beyond traditional categories to include offerings like private lessons and unique personal services. The company is based in Seoul and provides a mobile application for Android devices, enhancing accessibility for users.

Sweet Spot

Venture Round in 2017
Sweet Spot is a platform designed for businesses and retailers seeking marketing and sales space. It operates a store brokerage service that allows users to search for and register properties and spaces through a single application. This user-friendly platform enables clients to access a variety of available spaces tailored to their business needs, streamlining the process of finding suitable locations for marketing and sales activities.

Lendit

Series B in 2017
Lendit is a South Korean fintech company operating an online peer-to-peer lending platform. It connects investors with borrowers seeking personal loans, offering competitive interest rates for both parties. Lendit uses advanced risk-ranking algorithms and efficient operational processes to facilitate these transactions. Borrowers can access APRs ranging from 4.5% to 18.0%, while investors enjoy an average return of approximately 10.66%. The company's platform is fully automated, using a credit scoring model for personalized interest rates based on various data points. Lendit aims to disrupt traditional banking systems by providing accessible financial solutions for both borrowers and investors.

Chairish

Venture Round in 2017
Chairish is an online marketplace specializing in curated home furniture, art, and decor. It offers a wide range of vintage, antique, and contemporary pieces from various sources, all pre-screened by its team of curators to ensure high style standards.

OpenSesame

Series B in 2016
OpenSesame Inc. is an e-learning company that operates an online marketplace for training courses aimed at businesses and employees. Founded in 2011 and headquartered in Portland, Oregon, with an additional office in London, the company offers a comprehensive catalog of e-learning courses sourced from leading publishers across various industries, including technology, retail, finance, healthcare, manufacturing, and government. The platform enables users to preview courses, read reviews, and research course providers, facilitating the selection and integration of training programs that align with organizational needs. OpenSesame is dedicated to enhancing learning and development initiatives by improving course utilization and fostering employee engagement.

29CM

Venture Round in 2016
29CM operates an online shopping platform that curates a diverse selection of domestic and international brands across four primary categories: fashion, home, lifestyle, and culture. The marketplace provides customers with a wide array of products, including clothing, fashion-forward apparel, daily necessities, home appliances, and food and beverages. By focusing on quality and selection, 29CM aims to help users make informed purchasing decisions, promoting a thoughtful exploration of value in their shopping experience.

Lendit

Series A in 2016
Lendit is a South Korean fintech company operating an online peer-to-peer lending platform. It connects investors with borrowers seeking personal loans, offering competitive interest rates for both parties. Lendit uses advanced risk-ranking algorithms and efficient operational processes to facilitate these transactions. Borrowers can access APRs ranging from 4.5% to 18.0%, while investors enjoy an average return of approximately 10.66%. The company's platform is fully automated, using a credit scoring model for personalized interest rates based on various data points. Lendit aims to disrupt traditional banking systems by providing accessible financial solutions for both borrowers and investors.

Backpackr

Venture Round in 2016
Backpackr Inc. is a software development company based in Seoul, South Korea, specializing in mobile applications for Apple devices. Founded in 2012, the company offers a diverse portfolio of applications designed to enhance user experience and functionality. Its products include Good Sleep, which aids users in achieving restful sleep; Quick Search, a tool for efficient information retrieval; Quick Message + for seamless communication; Quick Dial + for simplified calling; Smart Photo Organizer for managing digital photos and videos; Star Wallpapers for personalized wallpaper creation; and Ringtones Plus+ for customizing ringtones. In addition to its application development, Backpackr operates an online app store that allows users to purchase a variety of smartphone applications.

Linkshops

Venture Round in 2015
Linkshops.com is the first multi-lingual B2B marketplace focused on the Dong-dae-moon fashion sector, supported by KTB Network. The company operates an online platform that facilitates wholesale retail store services. It offers daily updates on newly arrived products and includes features such as online ordering, bulk orders, reservation, pick-up, delivery, and invoicing. This comprehensive approach helps businesses streamline operations and reduce costs while allowing consumers to benefit from savings.

Lendit

Venture Round in 2015
Lendit is a South Korean fintech company operating an online peer-to-peer lending platform. It connects investors with borrowers seeking personal loans, offering competitive interest rates for both parties. Lendit uses advanced risk-ranking algorithms and efficient operational processes to facilitate these transactions. Borrowers can access APRs ranging from 4.5% to 18.0%, while investors enjoy an average return of approximately 10.66%. The company's platform is fully automated, using a credit scoring model for personalized interest rates based on various data points. Lendit aims to disrupt traditional banking systems by providing accessible financial solutions for both borrowers and investors.

ADOP

Series A in 2014
ADOP Inc. specializes in optimizing advertising efficiency for media companies and publishers. Established in 2011, the company offers a sell-side platform with services including ad distribution, content distribution, analytics consulting, SEO solutions, and real-time ad optimization algorithms. ADOP Inc. is headquartered in Seoul, South Korea.

Coupang

Venture Round in 2011
Coupang is South Korea's largest e-commerce platform, offering a wide range of products including electronics, fashion, food, and furniture. It operates primarily in South Korea and Taiwan, with an extensive logistics network ensuring timely delivery.

Hooked Media Group

Series A in 2009
Hooked Media Group is a social gaming company that specializes in connecting mobile players with engaging games through its mobile game discovery app for Android and an online gaming platform. The company offers advanced recommendations, real-time notifications, and social sharing features, facilitating a tailored gaming experience for users. For mobile game developers, Hooked provides a cost-per-install product to help them monetize their latest offerings effectively. The company's online platform, Yoo-Mee, enhances the gaming experience by creating a community-oriented environment around games, allowing players to interact across various platforms. Additionally, Hooked Media Group enables web publishers to embed a social game player, which not only improves user experience but also boosts website metrics while generating revenue for both publishers and developers. Headquartered in San Francisco, Hooked Media Group is supported by notable venture partners.

Hooked Media Group

Seed Round in 2008
Hooked Media Group is a social gaming company that specializes in connecting mobile players with engaging games through its mobile game discovery app for Android and an online gaming platform. The company offers advanced recommendations, real-time notifications, and social sharing features, facilitating a tailored gaming experience for users. For mobile game developers, Hooked provides a cost-per-install product to help them monetize their latest offerings effectively. The company's online platform, Yoo-Mee, enhances the gaming experience by creating a community-oriented environment around games, allowing players to interact across various platforms. Additionally, Hooked Media Group enables web publishers to embed a social game player, which not only improves user experience but also boosts website metrics while generating revenue for both publishers and developers. Headquartered in San Francisco, Hooked Media Group is supported by notable venture partners.
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