LOS ANGELES — Korean grocery retailer Wooltari USA has acquired KPOP Foods, an emerging brand of Korean-inspired sauces and snacks. Financial terms were not disclosed.

Founded in 2017, KPOP Foods’ first product was a Korean chili sauce based on a 70-year-old family recipe. Co-founders Theo Lee and Mike Kim met in business school, and after discovering a mutual desire to share Korean foods and flavors with friends stateside, the pair launched a Kickstarter crowdfunding campaign, raising nearly $40,000 to produce and sell the sauce. Since then, the lineup has expanded to include a honey glaze sauce, a kimchi mayonnaise sauce, an extra spicy chili sauce and roasted seaweed snacks that are available online and in 3,000 retailers nationwide. Chris Oh, a chef, Food Network star and restaurant owner, joined KPOP Foods as head of product.

Wooltari USA is a retail and online grocery brand sourcing Korean food products from hundreds of manufacturers in the United States and South Korea. The company operates six retail stores in California, Texas and Virginia and offers one-day delivery in major cities and one-to-three-day shipping nationwide.

Following the transaction, KPOP Foods will continue as a wholly owned subsidiary of Wooltari USA and is expected to benefit from the company’s product development, sourcing and operations capabilities to expand its distribution and services.

“We share a common vision, and our teams possess expertise and knowledge in complementary areas,” Mr. Lee said. “Together, we're excited to influence the future of Korean food in the US.”