Blackcircles

Blackcircles, operating under the legal name Dealer Tire Inc., is a South Korean e-commerce entity specializing in the automotive parts market. Founded in 2018, the company has established itself as an online marketplace for car-related products, with a primary focus on tires. The platform also offers a range of other components, including engine oils and batteries.

The company's business model is centered on providing a comprehensive digital platform for both wholesale and retail clients. For a monthly subscription fee, business-to-business clients, such as auto repair shops, gain access to wholesale pricing and real-time inventory data, enabling them to procure parts efficiently. The platform aggregates product information, specifications, and stock details, streamlining the purchasing process for its commercial customers. End consumers can also purchase tires and other parts directly through the website, which serves as a marketplace for a wide variety of brands.

Financially, Blackcircles has progressed through several funding stages, indicating steady investor confidence. The company secured seed funding in May 2019, followed by a Series A round in September 2022 and a subsequent Series B in June 2024. Its investor base includes firms such as Primer, HL Holdings, and the Korea Development Bank. This progression highlights the company's trajectory from an early-stage startup to a revenue-generating enterprise with a firm position in the venture capital-backed landscape.

Keywords: automotive parts, e-commerce, tire marketplace, online retail, B2B platform, car maintenance, subscription model, auto components, wholesale distribution, vehicle products