Soomgo
A local service marketplace that helps service providers such as movers, piano teachers and event planners find new customers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
$28.6m | Series C | ||
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 98 % | 5 % | 22 % | 13 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Soomgo operates as an online marketplace that connects clients with local service professionals across a wide range of categories including education, home repair, and event planning. The platform serves individual clients and small businesses looking for specialized services. Operating primarily in the South Korean market, Soomgo leverages a commission-based business model where it earns revenue by taking a percentage of the transaction between the service provider and the client. The company also offers premium listing options for service professionals to increase their visibility on the platform. By providing a user-friendly interface and a robust review system, Soomgo ensures that clients can easily find and hire trusted professionals for their specific needs.
Keywords: marketplace, service professionals, education, home repair, event planning, South Korea, commission-based, premium listings, user-friendly, review system.