# allibee

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.bhsn.ai
- Total disclosed funding: $11M
- Latest round: Series B (Mar 27, 2025)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2020 by its CEO Lim Jung-geun, BHSN, doing business as allibee, operates as a legal technology company that uses artificial intelligence (AI) to manage contracts and legal documents. In August 2023, BHSN raised KRW 6 billion in series A funding from Altos Ventures. 

BHSN offers an AI-powered contract management system designed to streamline the entire contract lifecycle. BHSN leverages a language engine that simplifies contract creation, negotiation, approval, and storage. Additionally, BHSN provides specialized tools like Legal OCR, which extracts and analyzes text from legal documents, and Legal Data Labeling, ensuring data security and privacy compliance. The company's solutions enable digital transformation, governance, and ESG management, all while reducing environmental impact and operating costs.  

The company plans to use the series A funding to develop a private LLM capable of understanding the linkages between legal documents and language, as well as a multilingual language model. In October 2025, allibee raised an undisclosed amount in venture funding from new investor Korea Tech Incubator for Startup, being selected for Accelerator Investment-Driven Tech Incubator Program Scale-Up TIPS.

## Funding rounds

- Series B, Mar 27, 2025, $6.8M — Altos Ventures, Korea Development Bank, Woori Financial Capital
- Series A, Aug 31, 2023, $4.5M — Altos Ventures

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Woori Financial Capital (https://capitalatlas.ai/funds/woori-financial-capital) — Series B