# Adoba

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adoba

- Industry: Business Support Services
- Headquarters: Seoul, South Korea
- Website: www.adoba.net
- Total disclosed funding: $3.5M
- Latest round: Series A (Aug 4, 2021)
- Investors on record: 4

## About

Adoba, based in South Korea, specializes in providing innovative automated distribution solutions to enhance revenue streams for content creators across major social media platforms.Adoba was founded in 2018 in Seoul, South Korea, focusing on developing platforms that support content creators. The company has engaged in 2 deals, and its latest funding round was a Series A completed on August 4, 2021, raising KRW 4 billion led by We Venture Partners with participation from Ascendo Ventures, Laguna Investment, and Union Investment Partners. The CEO and founder of the company is Junhan Ahn.Adobaro ON provides an innovative auto-distribution platform that enhances revenue for content creators by seamlessly monetizing their YouTube and TikTok content across major global social media platforms. By allowing users to distribute videos without individual uploads to each platform, it simplifies the monetization process. Content creators can begin using the service by entering their YouTube or TikTok URLs and verifying their identities, establishing a secure operational framework aimed primarily at expanding reach and revenue in the Chinese social media market.Adobaro ON's revenue model is based on transaction-based monetization through auto-distribution services for content creators and influencers. This platform allows creators to increase visibility and monetization potential without the hassle of managing multiple uploads. Revenue is expected to be generated through subscription services and performance-based metrics linked to content engagement, facilitated by an efficient cash-out mechanism via PayPal.In August 2021, Adoba raised KRW 4 billion in Series A funding, which will be utilized to expand its Chinese platform network and enhance partnerships with creators. The investment will also support securing talent and content editing equipment to ensure smooth service development and operation.

## Funding rounds

- Series A, Aug 4, 2021, $3.5M — Union Investment Partners, Laguna Investment, Ascendo Ventures, We Venture Partners

## Investors

- Union Investment Partners (https://capitalatlas.ai/funds/union-investment-partners) — Series A
- Laguna Investment (https://capitalatlas.ai/funds/laguna-investment) — Series A
- Ascendo Ventures (https://capitalatlas.ai/funds/ascendo-ventures) — Series A
- We Venture Partners (https://capitalatlas.ai/funds/we-venture-partners) — Series A