# Dareesoft

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

- Industry: Software
- Headquarters: Seongnam-si, South Korea
- Website: www.dareesoft.com
- Total disclosed funding: $4.1M
- Latest round: Series A (Nov 25, 2022)
- Investors on record: 4

## About

Based in Gyeonggi-do, South Korea, and founded in 2020, Daresoft Inc., a.k.a. Daresoft operates as a software company that develops artificial intelligence (AI)-based real-time road surface information management platform for autonomous driving in real-time to prevent road accidents. In November 2022, Daresoft Inc. raised KRW 5.5 billion in a Series A funding from SBI Investment Korea, Evergreen Investment Partners, E & Venture Partners, and DA Value Investment.  As of November 2022, Elizabeth Row and Mandella Jeong are the co-CEOs of the company.

The company provides road-hazard information as a service (RiaaS) platform that combines AI, big data, IoT (internet of things), and connectivity technologies to conduct the secondary accurate analysis of the road hazard information transmitted. Daresoft also provides an AI Road Analyzer (ARA-20) embedded with an AI model to detect a total of 12 road hazards, including road strikes (potholes), road cracks, poor road surface markings, falling objects and garbage, roadkill, and banners that obstruct the driver's line of sight in real-time and transmits the hazard information to RiaaS cloud service platform. In addition, the platform offers monitoring and control services, providing information and statistics service by monitoring and visualizing road hazard information.

Daresoft plans to use its proceeds from November 2022 funding to invest in research and development, and enter overseas markets.

## Funding rounds

- Series A, Nov 25, 2022, $4.1M — SBI Investment Korea, Evergreen Investment Partners, DA Value Investment, E & Venture Partners

## Investors

- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series A
- Evergreen Investment Partners (https://capitalatlas.ai/funds/evergreen-investment-partners) — Series A
- DA Value Investment (https://capitalatlas.ai/funds/da-value-investment) — Series A
- E & Venture Partners (https://capitalatlas.ai/funds/e-venture-partners-2) — Series A