# CTEE

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.ctee.kr
- Latest round: Seed (Jul 19, 2023)
- Investors on record: 3

## About

Based in South Korea, CTEE develops advanced technology solutions aimed at optimizing operational efficiency for various industries through innovative software applications.CTEE, founded in 2019 and headquartered in Seoul, South Korea, focuses on creating technology solutions that enhance business operations. The company has completed a total of 4 deals, with the most recent deal occurring on July 19, 2023. Hyo-jun Shin serves as both the Founder and CEO of the company, guiding its strategic direction and product development.CTEE specializes in advanced technology solutions tailored to optimize operational efficiency across various industries. Their core offerings include a suite of software applications designed to enhance data analytics, streamline business processes, and facilitate project management for small to medium-sized enterprises. These products address critical use cases such as resource allocation, performance tracking, and real-time collaboration, allowing clients to respond swiftly to market demands and improve productivity. CTEE's solutions are utilized across diverse geographical markets, including North America and parts of Asia, where they serve a variety of clients from tech startups to established firms in both manufacturing and service sectors.In the most recent year, CTEE recorded a revenue of USD 285,722.60 from its operations in 2022. The company's revenue model is based on subscription-based services and direct licensing agreements for its software products, allowing businesses to scale their usage according to their needs while maintaining predictable budgeting. Most revenue is sourced from B2B transactions, involving multi-year contracts that guarantee ongoing software support and updates.CTEE's future growth strategy includes the development and launch of new products focused on cutting-edge software improvements aimed at enhancing user engagement and functionality. The company plans to expand into additional markets in North America and Southeast Asia by the end of 2024. Recent funding from a Seed round on July 19, 2023, led by Korea Tech Incubator for Startup, with participation from returning investor Mark & Company, will be utilized to grow CTEE's team and invest in research and development efforts, ultimately aiming to attract new users and enhance service offerings.

## Funding rounds

- Seed, Jul 19, 2023 — Korea Tech Incubator for Startup, Mark & Company
- Seed, Aug 12, 2019 — Mashup Ventures

## Investors

- Mashup Ventures (https://capitalatlas.ai/funds/mashup-ventures) — Seed
- Korea Tech Incubator for Startup — Seed
- Mark & Company (https://capitalatlas.ai/funds/mark-company) — Seed