Home interior platform Ohouse raises $70m
Bucketplace, which operates interior decor platform Ohouse, raised $70 million in its Series C funding round, the South Korean startup announced on Nov. 23.
With the latest fundraising, the company has raised a total of 88 billion won ($79.15 million) in investment. The latest funding round was led by BOND Capital, a California-based venture capital specialized in technology investment, and joined by existing investors, IMM Investment, Mirae Asset Venture Investment, Mirae Asset Capital and Naver.
Founded in 2014, Ohouse provides community-driven interior platform where customers can discover and buy new interior products such as furnither and applicance.
The app has so far recorded 14 million accumulated downloads and monthly gross merchandise value over 100 billion won.
Bucketplace said it plans to spend the proceeds to hire talented people to upgrade the customer experience.
By Park Ga-young (gypark@heraldcorp.com )
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