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 Retail

Sweet Spot

Series B in 2023
Operator of a store brokerage platform intended to offer space registration services. The company's platform helps users search for properties and spaces listed within the application and register for them through the same portal, enabling clients to know about various available spaces required for their business purposes.

Kilo

Seed Round in 2021
Kilo develops a retail platform that provides retailers access to price, assortment, and inventory management. The platform is designed specifically to serve small and medium-sized retailers. The Kilo network effect creates a virtuous growth cycle for both supply and demand.

Karrot

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

Karrot

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

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.

Sweet Spot

Series A in 2018
Operator of a store brokerage platform intended to offer space registration services. The company's platform helps users search for properties and spaces listed within the application and register for them through the same portal, enabling clients to know about various available spaces required for their business purposes.

Sweet Spot

Venture Round in 2017
Operator of a store brokerage platform intended to offer space registration services. The company's platform helps users search for properties and spaces listed within the application and register for them through the same portal, enabling clients to know about various available spaces required for their business purposes.

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.

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.

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.

Branders

Venture Round in 2009
Branders.com sells instantly customizable promotional items suchs as pens, hats, magnets, etc for marketing, sales, and event planning. They provide a single source to locate, design, order, and track promotional items online. Branders.com experience also offers you the following benefits to help you with your purchase: - Provides a one-stop shop for customizing merchandise - Aids in product selection with advanced, custom search and recommendation services - Allows you to customize and decorate your own products online and in real-time - Reduces fulfillment activities - Improves corporate identity management

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.
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