# Aroundus

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.aroundus.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jul 1, 2019)
- Investors on record: 3

## About

Aroundus, Inc. specializes in travel technology, providing users with a comprehensive travel guide app that enhances exploration of global cultural and natural heritage.Founded in 2016 and headquartered in Seoul, South Korea, Aroundus, Inc. develops a travel guide application that enables users to explore nearly 20 million points of interest globally. The company was co-founded by Daniel Kim, who has a history of entrepreneurial ventures. In July 2019, the company successfully raised KRW 880 million in a Seed funding round, securing investments from D.CAMP, Shinhan Capital, and Shinhan Investment Corp. This funding represents the total amount raised by the company thus far.Aroundus offers a comprehensive travel guide application designed to enhance the exploration of natural and cultural heritage worldwide. Their core product leverages an interactive world map that allows users to discover nearly 20 million points of interest, incorporating features such as voice search, intelligent filtering, and route optimization. The app caters to a diverse clientele, including adventure seekers, culture enthusiasts, and food lovers, by providing personalized recommendations based on user preferences. Users can access the platform without registration, ensuring broader reach and accessibility; however, creating an account allows for enhanced functionalities such as saving favorite locations and building itineraries. The application serves a global market, appealing to travelers in regions across Africa, the Americas, Asia, Europe, and Oceania.Aroundus operates a freemium model, allowing users to access their extensive travel guide services for free, while also presenting avenues for monetization through premium features. Revenue generation may stem from partnerships with businesses that seek to promote their services within the app, leveraging Aroundus's vast user base. These partnerships could facilitate direct transactions between the company and local businesses, enhancing visibility and engagement for those entities. Using their platform, businesses can potentially offer exclusive deals or services to the app's users, thereby creating a win-win scenario. Specific pricing plans for premium services or products provided by Aroundus have not been disclosed, and the company emphasizes its user-friendly access model to encourage widespread adoption among travelers.Following their Seed funding round in July 2019, Aroundus, Inc. plans to enhance their travel guide application by introducing new features aimed at improving user engagement. Additionally, the company has ambitions to expand its services into new global markets, specifically targeting regions in Europe and North America by 2025. The recent funding will support the development of these upcoming features and assist in scaling operations to accommodate the anticipated growth in user base.

## Funding rounds

- Seed, Jul 1, 2019, $0.8M — Shinhan Securities, Shinhan Capital, D.CAMP

## Investors

- Shinhan Securities (https://capitalatlas.ai/funds/shinhan-securities) — Seed
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Seed
- D.CAMP — Seed