# DA Ground Co.

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

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.sandbank.io
- Total disclosed funding: $1.9M
- Latest round: Series A (Jun 3, 2022)
- Investors on record: 3

## About

Based in South Korea, DA Ground Co., Ltd. specializes in digital financial solutions, optimizing asset management and investment strategies for individual and institutional clients through their trading platform.DA Ground Co., Ltd. was founded in 2019 in Seoul, South Korea. The company focuses on providing digital financial solutions. It has completed a total of 3 deals, with its most recent funding round being a SERIES A, raising KRW 2.5 billion on June 3, 2022, led by Korea Information Certificate Authority Inc. and involving Strong Ventures. The company’s CEO, Hyunmyung Lee, has a notable history in the financial technology sector.Sandbank.io, managed by DA Ground Co., Ltd., offers digital financial solutions that enhance asset management and investment strategies. The platform features advanced analytical tools for efficient transactions and portfolio management, catering to retail investors, hedge funds, and asset managers across key markets including North America, Europe, and parts of Asia. Its design focuses on user-friendly experiences and robust security measures, addressing challenges in trading volatility and data accessibility.Sandbank.io generates revenue through a subscription-based model and transaction fees from its trading platform. Clients can select from various subscription tiers that provide tailored access to features and tools. Institutional clients often opt for premium subscriptions that include advanced analytics and custom reporting. Additionally, transaction fees are applied to trades executed, supporting both B2B and direct-to-consumer segments while fostering long-term client relationships.Following the SERIES A funding round in June 2022, DA Ground Co., Ltd. plans to use the KRW 2.5 billion to strengthen its financial sector infrastructure in alignment with regulatory requirements and to facilitate its entry into Asian markets. Future growth strategies include the design and launch of new products aimed at enhancing user experience and capabilities, with a focus on expanding into specific Asian markets by 2024.

## Funding rounds

- Series A, Jun 3, 2022, $1.9M — Strong Ventures, Korea Information Certificate Authority Inc.
- Seed, Mar 28, 2020 — Primer

## Investors

- Primer (https://capitalatlas.ai/funds/primer) — Seed
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A
- Korea Information Certificate Authority Inc. — Series A