# Bereview

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.bereview.co.kr
- Total disclosed funding: $0.4M
- Latest round: Seed (Nov 2, 2020)
- Investors on record: 2

## About

Based in South Korea, Bereview is a company that leverages user-generated reviews to enhance consumer decision-making, providing an insightful platform for evaluating product quality and authenticity across various sectors.Bereview was founded in 2020 and operates from its headquarters in Seoul, South Korea. The company focuses on harnessing the power of reviews to assist consumers in making informed decisions about products and services. As of April 20, 2021, Bereview completed a SEED funding round totaling KRW 500.000 mn, led by DSC Investment and Schmidt. The company has successfully closed 2 deals to date under its strategic business operations. The current CEO is Songwon Han.Bereview focuses on harnessing the power of reviews to enhance consumer decision-making processes. The company's core offerings include a comprehensive platform that aggregates user-generated reviews, providing insights into various products and services across multiple sectors. This platform aims to address the challenge consumers face when trying to evaluate product quality and authenticity in an era of information overload. By leveraging data analytics and user feedback, Bereview creates a user-friendly interface that simplifies the review process for end users, which include both consumers and businesses seeking to improve their offerings. The company serves a diverse client base, ranging from retail to service industries, primarily targeting markets in North America and Europe, where the demand for trustworthy reviews continues to grow.The revenue model of Bereview is structured around subscription-based services and partnerships with businesses seeking to enhance their visibility through authentic customer feedback. Clients typically engage with the platform on a subscription basis, allowing them to access detailed analytics, manage their reviews, and respond to customer feedback effectively. This model not only provides businesses with critical insights to improve their offerings but also establishes a direct channel for ongoing consumer engagement. Additionally, premium features may include enhanced visibility in the platform’s review listings, further driving customer interest and interaction. While specific pricing plans for these services are not publicly disclosed, the emphasis on subscription and partnership frameworks illustrates the company's commitment to fostering long-term relationships with its clients.In April 2021, Bereview raised KRW 500.000 mn in SEED funding, which will be used to launch a fashion platform integrated with review solutions. The company plans to expand its offerings into new market segments, targeting the fashion industry with an anticipated release of the new platform in the upcoming quarters. The funding will enable Bereview to enhance its technology and marketing efforts, facilitating growth in both existing and new markets.

## Funding rounds

- Seed, Nov 2, 2020, $0.4M — DSC Investment, Schmidt

## Investors

- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Seed
- Schmidt (https://capitalatlas.ai/funds/schmidt) — Seed