ERSATZ

ConstructionSeedSeoul, South Koreaol-la.com

Latest round

Seed

Last raised

Oct 2021

Total raised

Undisclosed

Investors

3

About ERSATZ

ERSATZ was founded in 2021 in Seoul, South Korea, and specializes in advanced technology solutions. The company was established by Cristina Gimenez and Julio Del Prado, with Jaewon Choi serving as the CEO.ERSATZ specializes in delivering innovative solutions tailored to meet the needs of its diverse clientele. Its core offerings encompass advanced technology products designed to enhance operational efficiency and improve user experience across various sectors such as healthcare, finance, and retail. The target market includes both small and medium enterprises and large corporations, with a customer base spanning North America, Europe, and Asia-Pacific.The company's revenue is derived from a structured model that combines direct sales with subscription-based services, catering to a wide range of business needs. Clients engage in transactions for flagship products that provide critical functionalities, often entering long-term contracts that ensure ongoing support and updates. Revenue generation primarily occurs through B2B partnerships, enhancing productivity and service capabilities for businesses implementing the company’s solutions.ERSATZ plans to launch new products designed to further enhance efficiency and user experience, with specific release dates to be determined. The company is targeting expansion into new geographic regions, including additional markets in Europe and North America by 2023.

Who invested in ERSATZ

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Oct 21, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Mar 2, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about ERSATZ

Who invested in ERSATZ?

ERSATZ has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ERSATZ raised?

ERSATZ has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did ERSATZ last raise money?

ERSATZ's most recent round on record is a Seed, in Oct 2021.

What does ERSATZ do?

ERSATZ was founded in 2021 in Seoul, South Korea, and specializes in advanced technology solutions.

Where is ERSATZ headquartered?

ERSATZ is headquartered in Seoul, South Korea.

Which VCs invest in companies like ERSATZ?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back construction companies at ERSATZ's stage. Their profiles are linked below.

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