# Korbit funding: rounds and investors

> Korbit has raised $79M across 4 rounds since 2013. Investors include Strong Ventures, Pantera Capital and Tim Draper. Every round with its source.

Source: https://millionrounds.com/company/korbit (Millionrounds; every figure on the page links to its filing or article)

South Korea · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Korbit*

4 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$79M** raised across 4 rounds since 2013, from 4 sources

**$116K** Seed **$400K** Seed **$3.0M** Series A **$76M** Series B

- **Latest round:** Series B, $76M Nov 2021
- **Step-up i:** 25.2×
- **Investors:** 15

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021

**$116K** Seed

**$400K** Seed

**$3.0M** Series A

**$76M** Series B

- **First round:** Seed, $116K
- **Biggest round:** $76M
- **Usual gap between rounds:** 7 months

## The rounds

- **Nov 2021** Series B **$76M** *2 new* *3 returning* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [BAM Ventures](https://millionrounds.com/fund/bam-ventures) Source recorded
- **Aug 2014** Series A **$3.0M** *3 new* *3 returning* [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [Tim Draper](https://millionrounds.com/fund/tim-draper) [BAM Ventures](https://millionrounds.com/fund/bam-ventures) [Softbank Korea](https://millionrounds.com/fund/softbank-korea) [Pietro Dova](https://millionrounds.com/fund/pietro-dova) From a historical funding record
- **Jan 2014** Seed **$400K** *7 new* [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [Tim Draper](https://millionrounds.com/fund/tim-draper) [Barry Silbert](https://millionrounds.com/fund/barry-silbert) [David Lee](https://millionrounds.com/fund/david-lee) [Pietro Dova](https://millionrounds.com/fund/pietro-dova) [Michael Yang Capital](https://millionrounds.com/fund/michael-yang-capital) [Jay H. Eum](https://millionrounds.com/fund/jay-h-eum) From a historical funding record
- **Aug 2013** Seed **$116K** *3 new* [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [d.camp](https://millionrounds.com/fund/dcamp) [SK Planet](https://millionrounds.com/fund/sk-planet) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Seed** 2014 **Series A** 2014 **Series B** 2021 [Strong Ventures](https://millionrounds.com/fund/strong-ventures) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [Tim Draper](https://millionrounds.com/fund/tim-draper) [BAM Ventures](https://millionrounds.com/fund/bam-ventures) [Pietro Dova](https://millionrounds.com/fund/pietro-dova) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [Softbank Korea](https://millionrounds.com/fund/softbank-korea) [d.camp](https://millionrounds.com/fund/dcamp)

## Everyone who backed them

[Strong Ventures](https://millionrounds.com/fund/strong-ventures) VC firm **3** rounds

[Pantera Capital](https://millionrounds.com/fund/pantera-capital) VC firm **2** rounds

[Tim Draper](https://millionrounds.com/fund/tim-draper) VC firm **2** rounds

[BAM Ventures](https://millionrounds.com/fund/bam-ventures) VC firm **2** rounds

[Pietro Dova](https://millionrounds.com/fund/pietro-dova) Angel **2** rounds

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round

[Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) VC firm **1** round

[Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) VC firm **1** round

[Softbank Korea](https://millionrounds.com/fund/softbank-korea) VC firm **1** round

[d.camp](https://millionrounds.com/fund/dcamp) Accelerator **1** round

[Barry Silbert](https://millionrounds.com/fund/barry-silbert) Angel **1** round

[David Lee](https://millionrounds.com/fund/david-lee) VC firm **1** round

[SK Planet](https://millionrounds.com/fund/sk-planet) Corporate VC **1** round

[Michael Yang Capital](https://millionrounds.com/fund/michael-yang-capital) VC firm **1** round

[Jay H. Eum](https://millionrounds.com/fund/jay-h-eum) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=korbit).

## Also claim to have backed them

This firm lists Korbit as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm Per its own site

## Quick answers about Korbit

### Who invested in Korbit?

Korbit's investors include Strong Ventures, Pantera Capital, Tim Draper, BAM Ventures and Pietro Dova, and 10 more on record.

### How much has Korbit raised?

Korbit has raised $79M across 4 rounds since 2013.

### When did Korbit last raise?

Korbit's most recent round was a Series B of $76M in Nov 2021.

### What was Korbit's biggest round?

Its most recent round, $76M in Nov 2021, is also its largest on record.

### Who backed Korbit first?

Korbit's first round on record, in Aug 2013, was backed by Strong Ventures, d.camp and SK Planet.

### What stage is Korbit at?

Korbit's latest named round is a Series B, in Nov 2021.

### Where is Korbit based?

Korbit is based in South Korea.

## Companies like Korbit

In the same sector, and raised in the last eighteen months.

[**Onbloc** $4.3M · May 2025](https://millionrounds.com/company/onbloc)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Peso** Oct 2026](https://millionrounds.com/company/peso)[**EFY Finance** Oct 2026](https://millionrounds.com/company/efy-finance)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)

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