Industrial Store
Online mall for automotive refinishing supplies and materials.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
* | KRW9.5b | Series B | |
| Total Funding | 000k | ||
Founded in 2018 by CEO Park Seo-gwang, Industrial Store operates as a specialized online distribution platform for the automotive repair industry, aiming to resolve information asymmetry in the market. The company's core business revolves around its e-commerce site, bodyshopstore.co.kr, which provides a comprehensive range of products for auto body shops, including paints, materials, and equipment. This digital platform is marketed as the largest professional mall in South Korea for automotive repair paint, subsidiary materials, and equipment, offering the most extensive stock keeping units (SKUs) in the sector.
The business model focuses on B2B e-commerce, directly serving auto body shops and service centers. Industrial Store emphasizes price transparency by presenting standard prices on its online mall to build trust with its clients. The company operates both online and offline channels, with a significant number of clients in both segments. Revenue is generated through the direct sale of goods via its online platform. As of late 2024, the company reported 90 employees and a revenue of 24.9 billion KRW.
The company is headquartered in Songpa-gu, Seoul, with its logistics and return center located in Gunpo-si, Gyeonggi-do. Park Seo-gwang serves as both the CEO and the personal information manager for the company.
Keywords: automotive repair supplies, car paint distribution, auto body shop materials, e-commerce platform, automotive refinishing, B2B supplies, collision repair products, industrial paint, South Korean automotive market, bodyshop materials, vehicle maintenance products, car refinishing paint, automotive coatings, parts and supplies distributor, online auto parts