Boosters, led by co-CEOs Wanhee Shin and Yoonho Choi, is a Korean brand aggregator focused on acquiring and scaling direct-to-consumer (D2C) brands. The company leverages a team with sales expertise in D2C and emphasizes multi-channel marketing and social media influencer promotion to drive growth. It plans to use the new funding to take over small- and medium-sized Korean brands that face challenges in marketing and inventory management, typically by transferring or acquiring operational authority. The firm says acquisitions and contracting processes take about four weeks. Launched in July 2019, Boosters has grown more than 30% annually and has achieved USD 23 million in accumulated sales. The Series A round represents its first investment since founding.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2022