Musinsa - About the company
Musinsa is a series C company based in Seoul (South Korea), founded in 2001 by Cho Man Ho. It operates as an Online community-driven platform for fashion products. Musinsa has raised $474M in funding from investors like Peak XV Partners, KKR and IMM Investment, with a current valuation of $2.4B. The company has 152 active competitors, including 8 that are funded. Its top competitors include companies like StockX, Brandi and Poison.
Sectors and market segments that Musinsa operate in
Musinsa serves in the Retail market segments.The primary business model of Musinsa is:Company Details
Online community-driven platform for fashion products. The company allows users to browse and shop across various products such as t-shirts, hoodies, bottom wear, dresses, footwear, cosmetics, and other accessories for both men & women from various brands.
- Email ID
- *****@musinsa.com
- Phone Number
- +82 **********
Key Metrics
Founded Year
2001
Location
Seoul, South Korea
Stage
Series C
Total Funding
$474M in 3 rounds
Latest Funding Round
Post Money Valuation
$2.4B as on Jul 19, 2023
Investors
Ranked
2nd among 152 active competitors
Employee Count
1,244 as on May 31, 2026
Legal entities associated with Musinsa
Musinsa is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Musinsa Co., Ltd. CIN: 211-88-79575 , South Korea, Active | Jun 24, 2012 | - | - | - |
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Musinsa's funding and investors
Musinsa has raised a total funding of $474M over 3 rounds. Its first funding round was on Nov 11, 2019. Its latest funding round was a Series C round on Jul 19, 2023 for $190M. 2 investors participated in its latest round. Musinsa has 17 institutional investors.
Here is the list of recent funding rounds of Musinsa:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 19, 2023 | $190M | Series C | $2.4B | - | ||
Mar 16, 2021 | $115M | Series B | $2.2B | - | - | |
Nov 11, 2019 | $169M | Series A | $1B | - | - |
View details of Musinsa's funding rounds and investors
Musinsa's founders and board of directors
Founder? Claim ProfileHere are the details of Musinsa's key team members:
- Cho Man Ho: Founder & CEO of Musinsa.
- Han Moon-il: Co-CEO of Musinsa.
- Kang Jung Gu: Co-CEO of Musinsa.
View details of Musinsa's Founder profiles and Board Members
Musinsa's employee count trend
Musinsa has 1,244 employees as of May 26. Here is Musinsa's employee count trend over the years:
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Musinsa's Competitors and alternates
Top competitors of Musinsa include StockX, Brandi and Poison. Here is the list of Top 10 competitors of Musinsa, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | StockX 2016, Detroit (United States), Series E | Online marketplace offering multi-category second-hand products | $495M | 75/100 | |
2nd | Musinsa 2001, Seoul (South Korea), Series C | Online community-driven platform for fashion products | $474M | 72/100 | |
3rd | Brandi 2013, Seoul (South Korea), Series C | Online marketplace for multi-category fashion products | $56.6M | 52/100 | |
4th | Online marketplace offering multi-category fashion products | - | 45/100 | ||
5th | The Korean Fashion 2019, Seoul (South Korea), Unfunded | Online store offering a variety of fashion apparel and accessories | - | - | 41/100 |
6th | Codibook 2011, Seoul (South Korea), Unfunded | Online retailer of multi-category fashion products | - | - | 41/100 |
7th | Lookpin 2016, Seoul (South Korea), Unfunded | Online retailer offering fashion products for men and women | - | - | 41/100 |
8th | Half Club 2000, Seoul (South Korea), Unfunded | Online fashion retailer | - | - | 41/100 |
9th | Rapo Labs 2020, Seoul (South Korea), Series B | Online fashion application that assists ladies in purchasing clothing | $26.1M | 41/100 | |
10th | Trenbe 2016, Seoul (South Korea), Series D | Online retailer offering multi-branded fashion products | $274M | 41/100 |
Looking for more details on Musinsa's competitors? Click here to see the top ones
Musinsa's Investments and acquisitions
Musinsa has made 4 investments in companies including Art Busan and Laundrygo. Musinsa has also acquired 2 companies including StyleShare and 29cm.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 09, 2023 | Investments | 2012 | Busan (South Korea) | |
Nov 21, 2022 | Investments | 2019 | Seoul (South Korea) | |
Apr 11, 2022 | Investments | 2020 | Stockholm (Sweden) |
See all investments by Musinsa
Reports related to Musinsa
Here is the latest report on Musinsa's sector:
News related to Musinsa
Media has covered Musinsa for a total of 44 events in the last 1 year, 28 of them have been about company updates and 7 about partnerships.
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Seoul's streetwear titan Musinsa expands physical footprint to Shenzhen - The Korea TimesThe Korea Times•Sep 17, 2026•Musinsa
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Seoul Partners with Musinsa for Customizable City-Branded T-shirtsThe Korea Times•Sep 07, 2026•Musinsa
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Musinsa Beauty Launches Pharmacy Beauty Retail Format with Onnuri PharmacyThe Korea Times•Sep 07, 2026•Musinsa, Onnuriglobal
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Musinsa enters Malaysia, expands partnership with Indonesia's MAPThe Korea Times•Aug 31, 2026•Musinsa, MAP
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HTZ ALERT: Securities Fraud Class Action Launched Against Hertz Global Holding, Inc. - September 22, 2026 DeadlineAccess Newswire•Aug 26, 2026•Musinsa, MAP
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Musinsa Partners with Indonesian Retail Giant MAP to Expand Southeast Asia PresenceThe Korea Times•Aug 14, 2026•Musinsa, MAP
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Musinsa enters Philippine offline retail through Ayala distribution tie-upRetail Insight Network•Aug 12, 2026•Musinsa, ACX
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Domino's Pizza Korea Partners with Musinsa for New Shrimp-Steak Pizza and Apparel LineThe Korea Times•Jul 14, 2026•Musinsa, Domino's Pizza, Domino's Pizza
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