KAVIAR

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KAVIAR - overview

Established

2020

Location

Seoul, -, South Korea

Primary Industry

Internet

About

Based in Seoul, South Korea, and founded in 2020, KAVIAR develops and operates a cuisine curation service platform that enables users to order food from local restaurants. In December 2022, KAVIAR raised KRW 11 billion in series B funding from Stonebridge Ventures and Danal Co. , Ltd. , GS Retail, Tyche Investment, and Woori Bank.


As of December 2022, the company is led by its CEO Park Young-sik. KAVIAR engaged in a variety of businesses, including the RMR (Restaurant Meal) business, which commercializes signature menus of restaurants as convenience meals, as well as franchises and food ingredients. The company menu includes grilled & stir-fried, snack & dessert, noodles & pasta, soup& tang, Jjigae, samwon garden kimchi, rice, sauce, and almas caviar that can be ordered from different restaurants. The company intends to use the series B funding to expand its intellectual property-based business and expand its gastronomy platform service.


Current Investors

Stonebridge Ventures, Woori Bank, GS Retail

Primary Industry

Internet

Sub Industries

Food, Food & Beverage Distribution

Website

www.kaviar.co.kr

Verticals

E-commerce

Company Stage

Series B

Total Amount Raised

Subscriber access only

KAVIAR - timeline of key events

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KAVIAR - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)1,451,080,00017,599,581,00035,990,924,000---
% Revenue Growth (YoY)-1112.9%104.5%---
EBITDA (USD)------
Operating Income (USD)(669,816,000)(1,539,819,000)(2,412,980,000)---
Operating Margin(46.2%)(8.7%)(6.7%)---
% EBITDA Margin------
NET Income (USD)(671,201,000)(1,589,671,000)(2,439,403,000)---
% Net Margin(46.3%)(9.0%)(6.8%)---

KAVIAR - employee data

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