# Blocko

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

- Industry: Software
- Headquarters: Seongnam, South Korea
- Website: www.blocko.io
- Total disclosed funding: $21M
- Latest round: Series B (Aug 22, 2019)
- Investors on record: 10

## About

Blocko, Inc. specializes in providing innovative blockchain solutions that enhance trust and transparency in digital transactions, focusing on enterprise-level applications.Founded in 2014 in Seongnam, South Korea, Blocko, Inc. delivers blockchain technology solutions. The company has successfully raised a total of KRW 9 billion in Series B funding as of August 22, 2019, with participation from investors like KEB Hana Bank and Shinhan Bank. CEO Won-Beom Kim leads the organization, which has a track record of five notable deals in the blockchain space.BLOCKO specializes in innovative blockchain solutions, offering services such as GEMverse, a no-code Web3 builder that automates workflow creation, and a customized Mainnet service for integrated solutions. Their product range includes an NFT Indexing Service for managing NFTs and a variety of blockchain-as-a-service platforms that support multiple protocols. Their clientele spans sectors like finance, supply chain, and technology, primarily targeting businesses in Asia, particularly South Korea and Japan.BLOCKO generates revenue through a structured model involving partnerships, subscriptions, and direct service agreements. Clients engage in bespoke solutions that integrate blockchain technologies, including subscriptions to the GEMverse service for automated asset management, establishing recurring revenue streams. The company also implements tiered pricing for its services, catering to larger enterprises needing comprehensive support across multiple blockchain infrastructures, emphasizing B2B relationships.In August 2019, Blocko, Inc. raised KRW 9 billion in Series B funding to bolster its growth. The recent funding will support the development of new products and services, with plans to expand into additional Asian markets by the end of 2023. The company aims to enhance its offerings and strengthen its market position as it introduces innovative solutions to meet growing demands.

## Funding rounds

- Series B, Aug 22, 2019, $7.4M — Hana Bank, LB Investment, Shinhan Bank, Dadam Game
- Series B, Jan 1, 2018, $8.9M — Samsung Venture Investment, SparkLabs Accelerator, Posco Investment
- Series A, Apr 3, 2017, $3.1M — InterVest, Daesung Private Equity, WONIK Investment Partners
- Series A, Jul 14, 2016, $1.6M — Samsung Venture Investment

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A, Series B
- InterVest (https://capitalatlas.ai/funds/intervest) — Series A
- Daesung Private Equity (https://capitalatlas.ai/funds/daesung-private-equity) — Series A
- WONIK Investment Partners (https://capitalatlas.ai/funds/wonik-investment-partners) — Series A
- SparkLabs Accelerator (https://capitalatlas.ai/funds/sparklabs-accelerator) — Series B
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series B
- Hana Bank — Series B
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B
- Shinhan Bank — Series B
- Dadam Game — Series B