Ticket Monster (Tmon) is an e-commerce company founded in 2010 and led by CEO Daniel Shin. It operates in Goods, Grocery and Travel, offering over 10 million SKUs through partnerships with approximately 50,000 partners. In 2017, 80% of Tmon’s transactions were completed on mobile devices and its customer base continued to expand into multiple age segments. The company says it will use the new funding to invest in mobile grocery shopping and online travel services. Tmon completed a $115M investment round, reflecting continued investor support as it pushes deeper into mobile commerce. Ticket Monster (TMON) is a South Korean mobile commerce company founded in 2010 that operates three verticals — Goods, Local and Travel — and offers over 100,000 SKUs through roughly 91,000 merchant partnerships. The platform is highly mobile-first: in 2015 about 80% of TMON’s transactions were completed on mobile devices. TMON reported 40% half-on-half growth in total transaction value in the second half of 2015 and recorded KRW 280 billion in total transaction value in December 2015. The company was previously controlled by management and investors following an April 2015 acquisition of the Groupon stake and is backed by KKR and Anchor Equity Partners. TMON is focused on applying advanced technologies and data across ordering, payment and shipping to improve the shopping experience. The recent strategic partnership with NHN Entertainment is intended to accelerate payments integration and platform infrastructure improvements.

Total raised

$156M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2017