DNK

DNK

Making great housing more affordable and accessible to renters in Korea.

HQ location
Seoul, South Korea
Website
Launch date
Employees
Enterprise value
$66—98m
Company register number
4298801737
Recent deals
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Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth--21 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about DNK
Made with AI
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Dongnae is a South Korean startup that operates in the real estate market, providing fully furnished living spaces for short to long-term stays. The company's business model is similar to that of a hotel, but with the comfort and convenience of a home. This means that customers can rent a space for as little as a month or as long as a year or more, with all the necessary appliances, furniture, and everyday items provided.

Dongnae's target market includes individuals who need temporary accommodation for various reasons. This could be due to short-term assignments or projects, overseas residents, temporary stays due to interior renovations, before or after moving, changes in school districts, family trips, long vacations, or exploring a new city. The company's service is particularly beneficial for those who need to move in quickly but do not want to compromise on quality.

The company generates revenue by charging customers for the rental of these spaces. It also collaborates with top investors, banks, and industry experts to improve domestic living culture in South Korea, suggesting a potential revenue stream from partnerships or collaborations.

In summary, Dongnae is a flexible accommodation provider that offers fully furnished spaces for a range of customer needs, operating in the South Korean real estate market with a business model that combines the convenience of a hotel with the comfort of a home.

Keywords: Real Estate, South Korea, Furnished Accommodation, Short-term Stay, Long-term Stay, Rental, Domestic Living Culture, Quality Living, Flexible Accommodation, Home Comforts.

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Tech stack

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Investments by DNK

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Dears
ACQUISITION by DNK Aug 2023