# Algorithm LABS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/algorithm-labs

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.algorithmlabs.co.kr
- Total disclosed funding: $2.3M
- Latest round: Series A (Jan 26, 2021)
- Investors on record: 5

## About

Based in South Korea, and founded in 2017, Algorithm LABS Corp. operates as a provider of artificial intelligence pipeline optimization solutions that enable companies to apply AI technology to business processes. In January 2021, Algorithm Labs raised KRW 2.5 billion in series A funding from Hanwha Investment & Securities, Korea Investment Partners, and KT Investment. As of February 2023, the company is led by its CEO Son Jin-ho. Son. Algorithm Labs operates through Algorithm EDU, which provides an optimised and adaptive curriculum for elementary/middle/high school students interested in entering the software field;  Algorithm JOBS provides curriculum for employment in SW occupations based on algorithm competency; Algorithm AI provides training to artificial intelligence experts and anyone who has studied with Algorithm Labs' content and system. Its services support AI consulting, data analysis, and model development. The company plans to use the series A funding to launch AI application products for use in companies and advance its AI solutions technology.

## Funding rounds

- Series A, Jan 26, 2021, $2.3M — Korea Investment Partners, KT Investment, Hanwha Investment & Securities
- Seed, Feb 1, 2020 — Korea Tech Incubator for Startup, HYU Holdings

## Investors

- Korea Tech Incubator for Startup — Seed
- HYU Holdings (https://capitalatlas.ai/funds/hyu-holdings) — Seed
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- KT Investment (https://capitalatlas.ai/funds/kt-investment) — Series A
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series A