# Danngol Gage

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/danngol-gage

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.danngol.com
- Latest round: Seed (Sep 1, 2023)
- Investors on record: 2

## About

Founded in 2020 and based in Seoul, South Korea, 1 Inch Co., Ltd., dba Danngol Gage, operates as a provider of a fintech mobile platform that enables users to search for stores that offer pre-payment discount services. Joo Hyeong-ik and Kim Yul are the co-founders and co-CEOs of the company. In October 2023, Danngol Gage raised seed funding from the Korea Tech Incubator for Startups, being selected for the Accelerator Investment-Driven Tech Incubator Program.

The company offers Danngol Gage, a discount platform that allows customers to select discount rates set by store owners and receive discounts when they visit the store. The firm also provides favorite store, which is a region-based discovery platform where customers can explore and receive regular benefits. Favorite Store simplifies the process of finding and receiving savings in selected categories such as local restaurants, cafes, cosmetic shops, pet stores, and others. In addition, Danngol Gage provides its mobile application, which is available for download on both the Apple Store and Google Play.

The organization plans to use the October 2023 funding to increase user convenience by developing a pre-payment sharing module and upgrading its balance prediction model.

## Funding rounds

- Seed, Sep 1, 2023 — Korea Tech Incubator for Startup, POSTECH Holdings

## Investors

- Korea Tech Incubator for Startup — Seed
- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed