Used car platform Hey”dealer(헤이딜러) has secured $33.8 million (KRW 45 billion) in funding from KDB Bank, Atinum Investment, IMM, and others.

The growth of new services, such as the recently launched Used Car History Finder, is the reason for the funding, according to Hey”dealer. The company added that it was also recognised for its potential to expand the used car market through transparency of information.

One of the investors in the round said, “We appreciate the growth that hey dealer has achieved in a short period of time with a service that makes selling used cars easy and convenient.” “With this investment, we plan to focus more on solving problems in the used car market,” said Hey”dealer.

As of January 2024, Hey”dealer has 13 million active subscribers and over $7.5 billion (KRW 10 trillion) in cumulative transactions.