What is oHouse?
oHouse is a comprehensive super-app designed to address all aspects of interior spaces. Founded in 2015 and headquartered in South Korea, the company offers a wide array of services including an e-commerce store for home goods, home remodeling services, furniture delivery, and home task management for repairs and installations, as well as moving services. This integrated platform aims to streamline the user experience for all home-related needs, positioning oHouse as a central hub for consumers seeking convenience and efficiency in managing their living spaces.
How much funding has oHouse raised?
oHouse has raised a total of $252M across 2 funding rounds:
Series C
$70M
Series D
$182M
Series C (2020): $70M with participation from BOND, IMM Investment, Mirae Asset Venture Investment, Mirae Asset Capital Co,Ltd, and Naver
Series D (2022): $182M led by BOND, BRV Capital Management, IMM Investment, Vertex Growth Fund, Korea Development Bank, Mirae Asset Capital Co,Ltd, and SoftBank Ventures Asia
Key Investors in oHouse
BOND
BOND is a global technology investment firm that supports visionary founders throughout their entire life cycle of innovation & growth. Their participation in oHouse's funding rounds indicates a focus on scaling technology companies.
IMM Investment
IMM Investment Global is a pure-play overseas investment arm of IMM Investment Corp., a leading alternative asset manager in Korea. Their involvement suggests a strategic interest in supporting Korean tech companies expanding globally.
Naver
Naver Corporation is a South Korean internet conglomerate operating the country's largest search engine and web portal. Their investment in oHouse highlights a strategic alignment with innovative digital platforms and consumer services.
What's next for oHouse?
The substantial enterprise-level funding, particularly the recent major strategic investment, signals oHouse's readiness for significant scaling and market expansion. This capital infusion is likely to fuel further development of its super-app ecosystem, enhance its service offerings, and potentially support international growth initiatives. The company's focus on a broad spectrum of home-related services suggests a strategy to capture a dominant share of the home services market through a unified and user-friendly digital platform.
See full oHouse company page
