Insights

Global expansion Karrot operates in Korea, Japan, the US, Canada, and the UK with a growing user base and international presence, suggesting opportunities to tailor cross-border marketplace partnerships, localization services, and regional ad solutions for diverse markets.

Unicorn growth With a Series D raise of 162 million and a valuation of 2.7 billion, Karrot demonstrates strong funding momentum and investor confidence, making it a prime candidate for strategic partnerships, co-marketing, and premium product collaborations.

End-to-end safety Recent launches of safe payment features for real estate and escrow-like arrangements indicate a focus on secure transactions; sales opportunities exist in payment orchestration, fraud prevention tooling, and trust-enhancing services for high-value marketplaces.

AI driven tools Rollouts of AI-powered pricing and price inquiry services show commitment to AI to improve user experience; potential to upsell AI analytics, merchant tooling, demand forecasting, and dynamic pricing solutions for sellers and agents.

Scale and engagement Large user base with high daily engagement (millions of MAUs and substantial screen time) implies demand for monetization solutions, partner integrations, and enterprise-grade developer tools to expand services, advertising, and data-driven offerings.

Similar companies to Karrot

Karrot Tech Stack

Karrot uses 8 technology products and services including Canva, AutoCAD, Docker, and more. Explore Karrot's tech stack below.

Media & News

Karrot's Email Address Formats

Karrot uses at least 4 email formats:
Karrot Email FormatsExamplePercentage
First@daangn.comJohn@daangn.com
73%
First.Last@daangn.comJohn.Doe@daangn.com
11%
Middle@daangn.comMichael@daangn.com
9%
Last@daangn.comDoe@daangn.com
7%

Frequently Asked Questions

What is Karrot's official website and social media links?

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Karrot's official website is daangn.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Karrot generate?

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As of July 2026, Karrot's annual revenue is estimated to be $500M - $1B.

What is Karrot's NAICS code?

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Karrot's NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does Karrot have currently?

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As of July 2026, Karrot has approximately 579 employees across 4 continents, including North America, Europe and Asia. Key team members include Ceo, North America: R. K., Head Of Growth, North America: J. V. and Head Of Product: G. K. Explore Karrot's employee directory with LeadIQ.

What industry does Karrot belong to?

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Karrot operates in the Technology, Information and Internet industry.

What technology does Karrot use?

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Karrot's tech stack includes Canva, AutoCAD, Docker, PostgreSQL, Argo CD, ChatGPT, Notion and Microsoft Azure.

What is Karrot's email format?

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Karrot's email format typically follows the pattern of First@daangn.com. Find more Karrot email formats with LeadIQ.

How much funding has Karrot raised to date?

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As of July 2026, Karrot has raised $235M in funding. The last funding round occurred on Aug 17, 2021 for $162M.

When was Karrot founded?

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Karrot was founded in 2015.
Karrot logo

Karrot

Technology, Information and InternetSeoul, South Korea501-1000 Employees

Karrot operates Daangn Market, a community-focused platform that functions as a local marketplace and neighborhood hub. Its offerings span the buying and selling of secondhand goods, community groups, job listings, real estate and auto listings, and integrated payments, all aimed at facilitating local exchanges. The platform serves a large user base, including over 30 million users and more than 20 million monthly active users, who spend a notable amount of time on the app each day. The emphasis is on strengthening local connections and supporting everyday transactions within communities.

Based in Seoul, South Korea, Karrot conducts operations across Korea, Japan, the United States, Canada, and the United Kingdom, supported by a sizable team. It sits within the technology, information and internet sector, building a multi-service local ecosystem that combines commerce with community features. A recent development includes the introduction of an AI-powered pricing tool within the Daangn Market app in 2025 to assist users in pricing secondhand items.

Section iconCompany Overview

Website
daangn.com
NAICS Code
5415 - Computer Systems Design and Related Services
Founded
2015
Employees
501-1000

Section iconFunding & Financials

  • $235M

    Karrot has raised a total of $235M of funding over 5 rounds. Their latest funding round was raised on Aug 17, 2021 in the amount of $162M as a Series D.

  • $500M - $1B

    Karrot's revenue is estimated to be in the range of $500M - $1B

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