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- Bucketplace
Bucketplace Revenue, Valuation, Funding & Investors
Bucketplace is valued at $1.4B as of May 2022, a 7.7x multiple on its last reported $181M revenue.
Last Bucketplace valuation
$1.4B
Series D · May 2022
Last Bucketplace funding round
$182M
Series D · May 2022
Bucketplace revenue
$181M
Series D · May 2022
Key investors in Bucketplace
IMM Investment
Mirae Asset Venture Investment
Bond
Mirae Asset Capital
NAVER
Korea Development Bank
About Bucketplace
Seoul-based Bucketplace operates Ohouse, Korea's dominant all-in-one interior design platform. Founded in 2014, the app enables users to share authentic home designs, purchase furnishings, and hire renovation experts. Global rollout began in July 2022 across Japan, Indonesia, and the United States, with commerce features debuting in Japan during October 2024.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales, Commission
Revenue
$181M (May 2022)
Valuation
$1.4B (May 2022)
Bucketplace Valuation
Bucketplace is currently valued at $1.4B, based on its Series D in May 2022.
The $182M round included BRV Capital Management, Smilegate Investment, IMM Investment, SBVA, Korea Development Bank and 4 other investors.
Bucketplace's valuation has grown 1.6x from $890M at its Series C in November 2020 to $1.4B in May 2022, across 2 priced rounds.
Bucketplace valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2022 | Series D | $1.4B | 7.7x |
| Nov 2020 | Series C | $890M | - |
Bucketplace Revenue
Bucketplace's latest recorded revenue is $181M, as of its Series D in May 2022. At a $1.4B valuation, that implies a 7.7x revenue multiple.
Bucketplace revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2022 | $181M | $1.4B | 7.7x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Bucketplace Funding History
Bucketplace has raised a total of $262M across 5 funding rounds.
Bucketplace's first fundraising round was a $900K seed round in April 2016. The most recent completed round was a $182M Series D in May 2022.
Bucketplace funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2022 | Series D | BRV Capital Management; Smilegate Investment; IMM Investment; SBVA; Korea Development Bank; KB Financial Group; Vertex Growth Fund; Mirae Asset Capital; Bond | $182M | $1.4B | Bucketplace, a South Korean home furnishing and lifestyle company operating under the brand oHouse, raised $182 million in Series D funding on May 9, 2022, at a post-money valuation of $1.4 billion. The round was led by prominent global investors including SoftBank Ventures Asia, BRV Capital Management, Vertex Growth, BOND, Korea Development Bank, IMM Investment, and Mirae Asset Capital. This funding brought the company's total raised to approximately $261 million across multiple rounds. The $182 million Series D nearly doubled Bucketplace's valuation from the previous $890 million Series C valuation in November 2020. oHouse is the number-one lifestyle super-app in South Korea that solves problems related to interior spaces by offering an e-commerce store, home remodeling services, furniture delivery, home tasks such as repair and installation, and moving services. The platform reported 10 million monthly active users across its app and website, with over 20 million downloads in South Korea alone. The company claimed that every seven seconds a furniture item was purchased on the platform, driving annualized gross merchandise volume to a record $1.7 billion. The company planned to use the Series D funding to accelerate growth in South Korea and expand into new markets including Japan, Southeast Asia, and the United States. Bucketplace also committed to hiring additional tech specialists to develop augmented reality (AR) features and advance its machine learning capabilities to enhance user experience and merchant advertising. The company had recently acquired HipVan, a Singapore-based online furniture platform, seven months prior to this funding round to strengthen its regional presence in Southeast Asia. Bucketplace's revenue in 2023 was reported at $181 million, representing significant growth trajectory. The company was compared to Houzz, a California-based home remodeling software platform, as a comparable business model in the lifestyle technology space. By 2024, the company had reportedly turned down investment offers from China-based e-commerce giant Alibaba, indicating strong market position and growth prospects. |
| Nov 2020 | Series C | Bond (lead); IMM Investment; Mirae Asset Venture Investment; NAVER; Mirae Asset Capital | $70M | $890M | Bucketplace, the operator of South Korea's OHouse (also known as Today's House), is a lifestyle platform providing home interior inspiration, e-commerce for furniture and decor, remodeling services, and related offerings like installation and moving. Founded in 2014, it functions as a community-driven app where users discover, purchase, and execute home improvement ideas. The company raised a Series C round in late November 2020, securing approximately $70 million (some reports cite $77M) led by Bond Capital, with participation from IMM Investment, Mirae Asset Capital, Mirae Asset Venture Investment, and NAVER. This round valued Bucketplace at approximately $890 million post-money. The funding supported Bucketplace's domestic growth amid surging demand for home improvements during COVID-19 lockdowns. OHouse reported rapid user adoption, with over 20 million downloads in South Korea and 10 million monthly visitors across app and web by 2022. While specific revenue figures are absent, the platform achieved high transaction velocity, with a furniture item purchased every seven seconds, driving annualized gross merchandise volume to $1.7 billion—though this metric does not qualify as revenue. Post-Series C, Bucketplace pursued international expansion, acquiring Singapore's HipVan furniture e-commerce platform in November 2021. This positioned the company for entry into Southeast Asia, Japan, the U.S., and beyond. In May 2022, it closed a $182 million Series D round at around $1.4 billion valuation (2 trillion KRW), backed by SoftBank Ventures Asia, Vertex Growth, BRV Capital Management, Korea Development Bank, and returning investors like Bond and IMM, bringing total funding to about $261 million. Funds fueled AR feature development, machine learning enhancements, and hiring for global scaling. The home improvement market, boosted by pandemic trends, is projected to grow from $334 billion in 2021 to nearly $515 billion by 2028. Bucketplace competes in this space by blending community content, e-commerce, and services, differentiating through visualization tools and end-to-end solutions. |
| Oct 2018 | Series B | NAVER (lead) | $4M | - | - |
| Jan 2018 | Series A | IMM Investment; Mirae Asset Venture Investment | $5M | - | - |
| Apr 2016 | Seed | IMM Investment; BonAngels Venture Partners | $900K | - | - |
Who has invested in Bucketplace?
12 investors have backed Bucketplace across its funding rounds, including IMM Investment, Mirae Asset Venture Investment, Bond, Mirae Asset Capital, NAVER and Korea Development Bank.
Lead investors include Bond and NAVER.
Bucketplace Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Apr 2016 | ||
| 2 | Participant | Jan 2018 | ||
| 2 | Lead | Oct 2018 | ||
| 2 | Participant | Nov 2020 | ||
| 2 | Lead | Nov 2020 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | Apr 2016 | ||
| 1 | Participant | May 2022 | ||
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Start Free TrialInvestments by Bucketplace
Bucketplace has invested in 2 companies to date.
Latest investment by Bucketplace was on December 18th 2024. Bucketplace invested in Pinewood Living in their $2M Seed round.
Latest Investments by Bucketplace
| Description | Pinewood Living is a furniture design company creating modern home furnishings including sofas, tables, beds, and storage solutions. Products emphasize sustainable materials and contemporary aesthetics for residential interiors. | Archisketch is a cloud-based 3D interior design platform offering floor planning, rendering, and AR visualization tools. Users create panoramas, 4K renders, 360-degree viewers, and augmented reality previews for home furnishing projects. The all-in-one service supports furniture placement, material selection, and export to standard formats. Headquartered in India, Archisketch serves residential designers and homeowners worldwide since its launch in 2020. | Archisketch is a cloud-based 3D interior design platform offering floor planning, rendering, and AR visualization tools. Users create panoramas, 4K renders, 360-degree viewers, and augmented reality previews for home furnishing projects. The all-in-one service supports furniture placement, material selection, and export to standard formats. Headquartered in India, Archisketch serves residential designers and homeowners worldwide since its launch in 2020. |
| HQ Country | |||
| HQ City | Seoul | San Francisco, CA | San Francisco, CA |
| Deal Date | 18 Dec 2024 | 1 Jun 2020 | 1 Jun 2020 |
| Round | Seed | Series A | Seed |
| Raised | $2M | $500K | $1M |
| Investors | Pinewood Capital; Daelim Bath Co; d'Alba Global; Chemical Solution | Korea Asset Inv Secs Co; KB Investment | Korea Asset Inv Secs Co; KB Investment |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Bucketplace investments and their VC round multiples. Start Free Trial | |||
Bucketplace Competitors
Bucketplace competitors include listed companies like ACV Auctions, WeBuyCars, Inchcape and Openlane, and private ones like Flip and PAPA GROUP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $760M | ($19M) | $1.8B | 2.1x | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $1.6B | $90M | $734M | 0.5x | ||
| Publicly listed | $12B | $867M | $3.7B | 0.4x | ||
| Publicly listed | $1.9B | $302M | $4.2B | 2.2x | ||
| Private | - | $201M | $1.4B | - |
Bucketplace Public Comps
Bucketplace is still privately-owned, but its public comps include E-MART, Syoung Group, Gold.com, Izumi Co, Sailvan Times, Mony Group, Revolve Group, CarTrade Tech, Moltiply Group and Alma Media.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $21B | $1.6B | 0.5x | 0.5x | 6.4x | 8.6x | |||
| $742M | $45M | 2.0x | 1.9x | 32.4x | 24.9x | |||
| $26B | $180M | 0.0x | 0.0x | 5.3x | 5.2x | |||
| $3.7B | $300M | 0.6x | 0.6x | 6.9x | 6.8x | |||
| $1.8B | $86M | 0.7x | 0.7x | 15.2x | 12.4x | |||
| $599M | $184M | 2.3x | 2.3x | 7.5x | 7.1x | |||
| $1.2B | $89M | 1.0x | 0.9x | 13.6x | 12.9x | |||
| $81M | $33M | 17.5x | 15.6x | 43.2x | 43.8x | |||
This data is available for Pro users. Sign up to see all Bucketplace competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Bucketplace
| When was Bucketplace founded? | Bucketplace was founded in 2014. |
| Where is Bucketplace headquartered? | Bucketplace is headquartered in Seoul, South Korea. |
| Is Bucketplace publicly listed? | No, Bucketplace is a private, VC-backed company. |
| What is Bucketplace's valuation? | Bucketplace was last valued at $1.4B in its Series D in May 2022. |
| How much funding has Bucketplace raised? | Bucketplace has raised $262M across 5 funding rounds. |
| What was Bucketplace's last funding round? | Bucketplace's last funding round was a $182M Series D in May 2022. |
| Who are Bucketplace's investors? | Bucketplace's investors include IMM Investment, Mirae Asset Venture Investment, NAVER, Mirae Asset Capital, Bond, BRV Capital Management, Smilegate Investment, SBVA, BonAngels Venture Partners, Korea Development Bank and 2 others. |
| What is Bucketplace's revenue? | Bucketplace's latest recorded revenue is $181M (May 2022). |
| What is Bucketplace's revenue multiple? | Bucketplace's latest valuation implies a 7.7x revenue multiple ($1.4B valuation on $181M of revenue). |
| Which companies are comparable to Bucketplace? | Companies comparable to Bucketplace include ACV Auctions, Flip, WeBuyCars, Inchcape, Openlane and PAPA GROUP. |
| How many companies has Bucketplace invested in? | Bucketplace has invested in 2 companies, including Pinewood Living and Archisketch. |
| What was Bucketplace's last investment? | In December 2024, Bucketplace invested in Pinewood Living's $2M seed round alongside Pinewood Capital, Daelim Bath Co, d'Alba Global and 1 other investor. |
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