5minlab
Latest round
- Series A
Last raised
- Oct 2020
Total raised
- $5.3M
Investors
- 4
About 5minlab
Based in South Korea, 5minlab Corp.5minlab Corp. is a digital solutions company founded in 2013 in Seoul, South Korea. The company specializes in developing tools that enhance digital engagement. The founder, Moonhyoung Park, has a history in the tech sector. In February 2022, 5minlab was acquired by Krafton Inc.8 billion.5minlab specializes in innovative solutions designed to enhance user engagement through interactive digital experiences. Their core product offerings include a suite of digital tools and applications that facilitate content creation, sharing, and consumption for both individuals and businesses. These tools are strategically developed to address the need for efficient and effective communication in educational, entertainment, and corporate settings. By focusing on user-friendly interfaces and robust functionality, 5minlab aims to empower content creators to connect more deeply with their audiences, particularly in markets such as South Korea, Japan, and the United States.5minlab generates revenue through a multi-faceted transaction structure that includes direct-to-consumer sales and B2B partnerships. The company offers subscription-based pricing plans for its flagship products, which allow clients to access premium features and capabilities tailored to their content needs. For example, businesses may enter into annual subscription agreements that provide them with enhanced support and additional functionalities, thereby maximizing their investment in 5minlab's offerings. Retailers and wholesalers also play a role in the distribution of these products, further expanding the company's reach within the market.8 billion for expanding its product offerings and enhancing its market presence. The company aims to launch new products designed to further engage users, although specific release dates have not been disclosed. Additionally, 5minlab is targeting expansion into international markets, particularly in Japan and the United States, aiming to establish a strong foothold by the end of 2023.
Who invested in 5minlab
4 investors across 1 round
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Funding rounds
Series A
Oct 26, 2020
Amount
$5.3M
Investors
Questions about 5minlab
Who invested in 5minlab?
5minlab has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has 5minlab raised?
5minlab has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did 5minlab last raise money?
5minlab's most recent round on record is a Series A, in Oct 2020.
What does 5minlab do?
Based in South Korea, 5minlab Corp.
Where is 5minlab headquartered?
5minlab is headquartered in Seoul, South Korea.
Which VCs invest in companies like 5minlab?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at 5minlab's stage. Their profiles are linked below.
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