Yami, founded in 2013 and headquartered in Los Angeles, operates a direct-to-consumer marketplace for Asian food, beauty, health, and home products. The platform offers more than 260,000 SKUs across categories and carries over 4,000 brands. Yami says it has surpassed 2 million customers in the U.S. and has more than 300 employees with offices in the U.S., China, and Japan. The company announced a $50M Series B that brings total funding to $60M; valuation was not disclosed. Yami will use the funding to open an additional warehouse in New Jersey to speed delivery times and to invest in AI and big data to strengthen its supply chain and enable hyper-personalization. The new technology investments are intended to deliver more relevant products and pricing to shoppers and give sellers better insights into sourcing and inventory forecasting. After further U.S. expansion, Yami is considering entering Canada as early as next year.

Total raised

$50M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2022