F&S revealed that it attracted seed investment of 1 hundred million Won from Company B.
F&S Holdings is a fashion SNS startup. It develops platform ‘FASSKER SNS’ by providing fashion magazine and SNS together and using 1 million users, 30 advertisers and around 200 global artists through the fashion contents channel, Fashion&Style that it is operating.
Chief executive of Company B, Um Jeong-Han, who led the investment, explained the reason for investment: “we experienced business competitiveness by providing specialist SNS channel for fashion people while securing many users through tailored marketing to user characteristics by channel in the existing SNS.” He also added that the fact that F&S is one of the few domestic startups that is collaborating with a famous foreign brand made it become assessed as a promising team.
