TLDR:
- Miridih, a company in Seoul, South Korea, raised $15M in Series B funding.
- The funding round was led by Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital.
Miridih, a Seoul-based company providing a SaaS-based design platform, recently secured $15M in Series B funding. The round was led by Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital, bringing the company’s post-money valuation to approximately USD 215 million. Miridih plans to use the funds for talent acquisition and global marketing to fuel its international expansion. Under the leadership of CEO Kang Changseok, Miridih has gained traction in the domestic market with its SaaS-based design platform ‘MiriCanvas’ and POD printing service ‘BizHows’, boasting 13 million users. The company’s revenue has been on the rise, reaching KRW 60.7 billion in 2023 with an operating profit of KRW 7.7 billion. Miridih also announced plans to select an IPO underwriter in the second half of 2024, signaling its preparation for a potential IPO.