Rapportlabs operates Queenit, a mobile fashion platform launched in September 2020 that targets women in their 40s and 50s. Queenit curates over 1,300 brands, optimizes sizes for its audience, offers a 3-second membership registration, and uses an AI-based recommendation system. The app has been generating monthly profits since March. The company raised 34 billion won in a Series B2 equity round led by Altos Ventures, with participation from existing investors Kakao Ventures and Atnium Investment. Including this round, Rapportlabs has attracted a total of 70 billion won in investments in less than three years of service. With the new funding the company plans to bolster partner-brand marketing, discover new designer brands, expand into additional categories, enhance AI-driven recommendations, produce TV commercials, and make significant hires.

Total raised

$26M

Funding rounds

1

Latest round

Series B

Latest activity

Aug 2023