# co-fishery

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

- Industry: Agribusiness
- Headquarters: Jeju-do, South Korea
- Website: www.padobox.kr
- Latest round: Seed (Feb 1, 2021)
- Investors on record: 1

## About

Based in South Korea, co-fishery operates Pado, specializing in innovative solutions for fisheries, focusing on data analytics and automation to enhance operational efficiency in the industry.Co-fishery was founded in 2019 in Jeju-do, South Korea, focusing on developing advanced solutions for the fishing industry. The company has completed 4 deals, with the most recent being a SEED round on October 4, 2024, raising KRW 1,000.000 mn from investors including Big Basin Capital and Seoul Technology Holdings. The founder has a history of entrepreneurship, although specific details on prior ventures are not available.The company specializes in delivering innovative solutions tailored to meet the needs of various industries. Its core product offerings include advanced software platforms designed for data analytics, customized automation tools, and integrated communication systems that enhance operational efficiency. These products aim to resolve immediate challenges in data management and business communication, thereby streamlining processes for end users such as corporate clients, small to medium-sized enterprises (SMEs), and large organizations seeking to leverage technology for competitive advantage. The company has expanded its reach into several geographical markets, including North America, Europe, and Asia-Pacific, ensuring that its products cater to a diverse client base with distinct operational requirements.The company's revenue is generated through a structured transaction model that primarily involves B2B partnerships and direct sales to consumers. Clients typically engage with the firm via subscription-based pricing plans for its flagship software solutions, allowing for scalable use depending on the size and needs of the organization. In addition, the company may offer tiered service levels, where clients can select specific features aligned with their operational goals. For example, premium services might include enhanced data processing capabilities or priority customer support, providing customers with tailored experiences that drive value. This well-defined transaction framework underpins the company's financial transactions and establishes a steady revenue stream from its diverse offerings.In October 2024, co-fishery raised seed funding from returning investor Jeju Creative Economy Innovation Center, with participation from new investor Korea Tech Incubator for Startup, being selected for the Accelerator Investment-Driven Tech Incubator Program. The funding, the financial terms of which were not disclosed, will be utilized to develop a fishing prediction system. The company plans to launch this new product in the near future while also targeting expansion into additional markets across Asia and North America by the end of 2025.

## Funding rounds

- Seed, Feb 1, 2021 — Krypton

## Investors

- Krypton (https://capitalatlas.ai/funds/krypton) — Seed