Levit
456 Bongcheon-road, Gwanak-gu, 5th to 8th Floor, Seoul, 08758, South Korea
Overview
Levit operates Alwayz, a discovery-based e-commerce app that mixes short videos, gamification and social features to make shopping more entertaining and drive daily engagement. The app offers a wide range of products — from groceries and home appliances to apparel and cosmetics — and mainly lists producers and manufacturers through a consumer-to-manufacturer (C2M) model that cuts out intermediaries. Users earn rewards via games (such as nurturing the pig Don-Don-E and the AI-Farm crop game) and can get discounts by watching Shorts or buying with others, supporting a discovery-led shopping experience. Levit says its recommendation algorithms gate exposure to items until they demonstrate conversion and repurchase, helping maintain quality while offering lower prices; the CEO claims average selling prices are around 20% cheaper than the lowest prices on other platforms. The company reports 7 million users, 2.5 million monthly active users, 1.3 million daily active users and nearly 20,000 sellers, and has raised $46 million in a Series B (bringing total funding to $67 million). Levit, launched in September 2021, has a 20-person team and plans to expand to the U.S.; it aims for 12 million registered users, 5 million MAUs and 3 million DAUs by the end of 2023.
- Total raised
- $46M
- Funding rounds
- 1
- Latest round
- Series B
- Latest activity
- Jun 2023
Industries
- Digital Entertainment
- E-Commerce
- Mobile Apps
Recent funding
Series B
Jun 2023
$46M
Team
No current team members are available.