# Codeit

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.codeit.kr
- Total disclosed funding: $12M
- Latest round: Series B (Oct 5, 2021)
- Investors on record: 6

## About

Founded in 2017 in Seoul, South Korea, Codeit edtech company that provides an online platform offering coding and IT-related courses to develop technical skills. The company was established by Oluwadamilola Anwo-Ade, Yoonsoo Lee, and Young Kang, with Yoonsoo Lee and Young Kang currently serving as CEOs. Codeit has successfully completed three funding rounds, with the most recent being a Pre-IPO round on September 26, 2025, raising KRW 9.8 billion from investors including S2L Partners, Timeworks Investment, ID Ventures, Friend Investment Partners, and Samchully Investment.

Codeit primarily offers an extensive suite of online coding and IT-related courses designed to cater to a diverse range of learners, from beginners to advanced users. Their core product is a membership model that provides unlimited access to a variety of courses covering foundational coding, data analysis, web development, design, programming languages, and emerging technologies such as generative AI and machine learning. Each course is structured to deliver key content succinctly, often within five-minute segments, allowing users to efficiently absorb information through quizzes and practical exercises. The target clientele includes individuals seeking to enhance their technical skills for personal or professional growth, as well as organizations looking to upskill their employees. Codeit serves an international market, accessible to users in regions including Asia and beyond, leveraging a mobile-friendly platform that supports learning anytime and anywhere.

Codeit's revenue is primarily generated through its subscription-based membership model, where users pay a recurring fee to access a comprehensive library of courses and resources. This transaction structure allows the firm to cater directly to consumers as well as possibly engage with businesses that wish to provide training for their employees. The flagship offerings include specialized courses in areas such as full-stack development, data analysis, and machine learning, each designed to provide practical skills that translate into real-world applications. While specific pricing plans for individual services are not disclosed, the membership structure typically incentivizes prolonged engagement with the platform, maximizing value for users through continuous learning opportunities and periodic challenges that foster skill development.

Codeit will use the September 2025 funding to expand into global markets, invest in new businesses, and explore opportunities in mergers and acquisitions.

## Funding rounds

- Series B, Oct 5, 2021, $8.4M — KDB Capital, Shinhan Capital, Daesung Private Equity, FuturePlay, A Ventures, Pearl Abyss Capital
- Series A, Mar 26, 2020, $3.3M — KDB Capital, Shinhan Capital, FuturePlay, A Ventures, Pearl Abyss Capital

## Investors

- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series A, Series B
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series A, Series B
- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Series A, Series B
- A Ventures — Series A, Series B
- Pearl Abyss Capital (https://capitalatlas.ai/funds/pearl-abyss-capital) — Series A, Series B
- Daesung Private Equity (https://capitalatlas.ai/funds/daesung-private-equity) — Series B