Must It

Seoul, South Korea · Founded 2011 · Privately Held (backing)

Operator of a retail platform intended to sell luxury fashion and beauty products. Must It is based in Seoul, South Korea and was founded in 2011. Its last reported valuation was $205 million in May 2021. It has raised $39.9 million.

Last reported valuation
$204.7M
Oct 2026
Priced at
—
Total raised
$39.9M
Last round
—

Must It key facts

as of Oct 2026
  • Operator of a retail platform intended to sell luxury fashion and beauty products.
  • Must It is valued at approximately $204.7M as of Oct 2026 (last reported valuation).
  • It has raised $39.9M; the latest was Later Stage VC in Apr 2025.
  • Notable investors include IMM Investment, SBVA, K2 Investment Partners, Kakao Investment, Medici Investment — 7 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$204.7M

Must It's last reported valuation, May 2021. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Must It funding rounds

No rounds on record

No funding rounds for Must It are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Must It valuation

Must It's last reported valuation was $205 million in May 2021. No priced round, secondary trade or fund mark has surfaced since.

Must It investors

7 investors are on record for Must It, including IMM Investment, SBVA, K2 Investment Partners and Kakao Investment. By type, the record holds 3 venture capital firms, 1 asset manager and 1 growth equity firm.

About Must It

Operator of a retail platform intended to sell luxury fashion and beauty products. The company offers high-end products for men, women, and kids across sweaters, pants, skirts, sneakers, slippers hair care products, and accessories among others, enabling individuals to conveniently buy a variety of clothing and other products they need.

Sector
Consumer Products and Services (B2C)
HQ
Seoul, South Korea
Founded
2011
Employees
51
Ownership
Privately Held (backing)

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