# Buzzvil Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buzzvil-co

- Industry: Marketing/Advertising
- Headquarters: Seoul, South Korea
- Website: www.buzzvil.com
- Total disclosed funding: $26M
- Latest round: Series C (Jan 5, 2020)
- Investors on record: 8

## About

Buzzvil Co., Ltd., based in South Korea, develops AI-driven marketing solutions that enhance user acquisition, monetization, and engagement for mobile applications across diverse industries.Founded in 2012 in Seoul, South Korea, Buzzvil Co., Ltd. specializes in creating marketing solutions for mobile applications. The company has successfully raised a total of KRW 9,000.071 mn through multiple funding rounds, with the most recent being a Series C round in June 2021, where Company K Partners, Korea Development Bank, and others acquired an 11.15% minority stake. The founders, Gwan-woo Lee and Ju-eun Seo, have anchored the company's vision, with Gwan-woo Lee serving as CEO.Buzzvil specializes in AI-driven marketing solutions designed to enhance user acquisition (UA), monetization, and engagement for mobile applications. Their core products include BuzzBenefit, a membership program aimed at monetizing applications, and BuzzBooster, an engagement tool that encourages user interaction through rewards and incentives. These offerings are tailored primarily for industries such as e-commerce, finance, and entertainment, with clients ranging from small app developers to large enterprises, who leverage Buzzvil's platform to optimize marketing strategies and increase retention rates.For the year 2024, Buzzvil reported a revenue of KRW 56,273,112.9 with an EBITDA of KRW 3,156,771.5, generated primarily through partnerships with advertisers and app publishers, utilizing a subscription-based service model and direct marketing fees.Buzzvil plans to continue expanding its product offerings and aims to introduce new features and tools designed to enhance user engagement and monetization capabilities. The company is targeting expansion into new markets within Asia-Pacific by the end of 2023, leveraging recent funding from the Series C round to support these initiatives and further develop its technological infrastructure.

## Funding rounds

- Series C, Jan 5, 2020, $7.7M — Korea Development Bank, LB Investment, SBI Investment, Shinhan Bank, Company K Partners
- Series C, Dec 20, 2019, $9.9M — Korea Development Bank, Shinhan Bank, Company K Partners
- Series B, Dec 23, 2015, $8.4M — LB Investment, WOORI Venture Partners, Posco Investment, Company K Partners, ES Investor

## Investors

- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B, Series C
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series B
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series B
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series B, Series C
- ES Investor (https://capitalatlas.ai/funds/es-investor) — Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- Shinhan Bank — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C