Musinsa

Active#3 in South Korea

Fashion e-commerce and retail

Commerce›fashion e-commerce and retail

Founded2001

HQSeoul

RaisedUSD ~330M

Last roundSeries C · Jul 2023

Country of originSouth KoreaListed in the South Korea ranking

Where would you invest?HQ SeoulJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
South Korea · all sectors	Top 40	#3	Edition 0 – beta · October 2026	18 Oct 2026

Rank historyOct 2026 · #3First edition: no movements yet.

Estimated valuation

AI · South Korea ranking

≈ USD 2.9bnUSD 2–4.4bn · Unicorn Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series C · USD 190M · Jul 2023
Published valuation: USD 2.7bn · Jul 2023 · older than 24 months, shown for reference
AI adjustment: × 3: IPO filing (Sep 2026) targets about KRW 8tn; profitable

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD ~330M raised in total

Date	Round	Amount	Type	Investors	Source
Jul 2023	Series C	USD 190M	Equity	KKR, Wellington	techcrunch.com

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

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ValuationWhat is Musinsa worth?

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What the AI reads

Press & investor announcements1 source

Read by the AI at the next edition.

Comparable companies in South Korea

Full South Korea ranking →

Danggeun (Karrot)#4Commerce › hyperlocal marketplaceUnicorn Ably#9Commerce › fashion and beauty marketplaceUnicorn Kurly#10Commerce › online grocery and dawn deliveryUnicorn Bucketplace (Ohouse)#13Commerce › home and interior platformHundreds of M$

Investors in Musinsa: KKR · Wellington Management

Sources. techcrunch.com

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.