# ATLAS Labs

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.atlaslabs.ai
- Total disclosed funding: $10M
- Latest round: Series A (Sep 7, 2022)
- Investors on record: 5

## About

ATLAS Labs is a technology company focused on creating sophisticated artificial intelligence solutions that enhance operational efficiency across various sectors, including healthcare, finance, and retail.Founded in 2016 in Seoul, South Korea, ATLAS Labs develops AI-driven solutions aimed at optimizing business processes. The company has undergone no notable pivots since its inception and does not operate as a subsidiary. The founder, Alex Sharifi, has a history of innovation, though his previous ventures are not detailed. The company secured a total of KRW 9 billion in Series A funding on September 7, 2022, from investors including DT&Investment, IBX Partners, SV Investment, and TBT Partners, marking a total amount raised of KRW 9 billion.ATLAS Labs specializes in developing advanced artificial intelligence solutions designed to enhance operational efficiency across multiple industries. Their primary offerings comprise machine learning platforms and data analytics tools that streamline business processes, optimize decision-making, and improve productivity. The company serves various sectors, particularly healthcare, finance, and retail, addressing challenges related to data processing, predictive analytics, and customer engagement, with deployments across North America and Europe.ATLAS Labs generates revenue through a subscription-based model, allowing clients access to its suite of AI-driven products and services under annual contracts. This model includes tiered pricing based on service levels and user numbers. For instance, a retail client may subscribe to a data analytics service for inventory management and sales forecasting, paying a set fee with additional charges based on data volume processed. This structured transaction approach enables long-term partnerships with clients, leveraging the continuous support and upgrades critical in a fast-evolving technology landscape.Following the Series A funding secured in September 2022, ATLAS Labs aims to renew its data analysis service offerings to various businesses. The funding will be directed towards enhancing existing solutions and exploring new product launches, although specific new products and their release dates have not been disclosed. Additionally, the company is strategically looking to expand its market presence, although targeted geographic regions for this expansion have not been specified.

## Funding rounds

- Series A, Sep 7, 2022, $6.6M — SV Investment, DT&Investment, TBT Partners, IBX Partners
- Seed, Aug 13, 2020, $3.4M — SV Investment, Mirae Asset Venture Investment, TBT Partners

## Investors

- SV Investment (https://capitalatlas.ai/funds/sv-investment) — Seed, Series A
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Seed
- TBT Partners (https://capitalatlas.ai/funds/tbt-partners) — Seed, Series A
- DT&Investment (https://capitalatlas.ai/funds/dt-investment) — Series A
- IBX Partners (https://capitalatlas.ai/funds/ibx-partners) — Series A