Where is Banila located?

Banila is headquartered in Seoul, South Korea.

Where does Banila rank among its competitors?

Banila ranks 8th amongst 91 active competitors, of which 5 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was ByteLab, which secured $6.68M in May, 2026.

Who are the top competitors of Banila?

Banila's top competitors include Althea, Laneige and hince. Among them, ByteLab secured the most recent funding round in May, 2026.

Banila - 2026 Company Profile & Competitors

Banila is an unfunded company based in Seoul (South Korea), founded in 2005. It operates as a Provider of home appliance and system service plans. Banila has not raised any funding yet. The company has 91 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Althea, Laneige and hince.

Company Details

Provider of home appliance and system service plans. It offers various plans covering breakdowns and malfunctions of home systems and appliances due to normal wear and tear. The service process involves reporting a claim, assignment of a local professional, and repair with a minimal service fee. Plans cover major appliances, home systems (heating, plumbing, electrical, AC), and optional add-ons. The company aims to provide affordable coverage and customer service.

Website: banilaco.com
Social
Phone Number: +82 **********
Part Of

Key Metrics

Founded Year

2005

Location

Seoul, South Korea

Stage

Unfunded

Ranked

8^th among 91 active competitors

Similar Companies

Laneige & 133 more

View Banila's full profile

Banila has not raised any funding rounds yet.

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Banila include Althea, Laneige and hince. Here is the list of Top 10 competitors of Banila, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Althea 2015, Seoul (South Korea), Series B	Online retailer of Korean beauty products	$10.5M	Innoven Capital, Tekton Ventures & 8 others	53/100
2nd	Laneige 1994, Seoul (South Korea), Unfunded	Internet first brand of multi category k-beauty care products	-	-	49/100
3rd	hince 2018, Seoul (South Korea), Acquired	Internet-first brand offering skin, lip, eye & face care products	-	BASS Investment, Premier Partners & 1 others	47/100
4th	stylenanda 2004, Seoul (South Korea), Acquired	Online brand offering K-beauty products	-	-	46/100
5th	StyleKorean 2012, Seongnam-si (South Korea), Funding Raised	Online retailer offering skin care products	-	Aju IB Investment	42/100
6th	Unpa 2013, Seoul (South Korea), Seed	Platform for communtiy generated beauty tips	$1.2M	Partners Investment	31/100
7th	ByteLab 2020, Seoul (South Korea), Series A	Software development and technology services company providing various solutions	$6.68M	Atinum Investment, OLIVE YOUNG	30/100
8th	Banila 2005, Seoul (South Korea), Unfunded	Provider of home appliance and system service plans	-	-	29/100
9th	Power Player Co 2019, Daegu (South Korea), Seed	Internet first brand offering multi-category organic skin care products	-	CNT Tech, KOVA Private Investment Association	27/100
10th	TONY STREET 2006, Seoul (South Korea), Funding Raised	Internet first brand offering multi-category beauty products	-	SL Investment	27/100