What is Kasa Korea?
Kasa Korea operates a sophisticated mobile application that democratizes real estate investment by enabling users to purchase and trade fractional ownership of buildings. This innovative approach to real estate securities trading allows for greater liquidity and accessibility in a traditionally illiquid market. By leveraging technology, Kasa Korea aims to broaden the base of real estate investors and facilitate more efficient capital allocation within the property market.
How much funding has Kasa Korea raised?
Kasa Korea has raised a total of $21.9M across 2 funding rounds:
Series A
$5.9M
Series B
$16M
Series A (2019): $5.9M with participation from KEB Hana Bank, Woomi Construction Co., and Shinhan Financial Investment
Series B (2021): $16M led by Sinaju, PGS Partners, Arche Investment, and WeMade
Key Investors in Kasa Korea
Woomi Construction Co.
Woomi Construction Co. Ltd is a South Korean entity operating in the Commercial & Residential Construction industry, suggesting a strategic interest in real estate development and related financial instruments.
KEB Hana Bank
KEB Hana Bank, a major financial institution, likely participated to support innovative fintech solutions within the real estate sector.
Shinhan Financial Investment
Shinhan Financial Investment's involvement indicates a strategic alignment with Kasa Korea's mission to revolutionize real estate securities trading.
What's next for Kasa Korea?
With the recent influx of capital, Kasa Korea is poised for accelerated expansion and further development of its platform. The strategic investment is expected to fuel enhancements in user experience, broaden the portfolio of available properties, and potentially explore new market segments. This funding will likely enable Kasa Korea to solidify its market leadership, scale its operations, and continue its mission of making real estate investment more accessible and transparent for a wider audience.
See full Kasa Korea company page
