# Estate Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/estate-cloud

- Industry: Real Estate Development & Operating Companies
- Headquarters: Seoul, South Korea
- Website: www.woodaebbang.com
- Latest round: Seed (Sep 1, 2021)
- Investors on record: 1

## About

Based in Seoul, South Korea, and founded in 2019, Estate Cloud Inc. provides brokerage services based on IT technology. The company began with the real estate IT business team composed of CEO Chang-seop Lee as a co-founder with Dong-nam Kim, CTO Dong-nam Kim, CEO Dong-yoon Woo of WoodaeBbang Real Estate Academy, and Director Hyung-seok Shim. Since the launch of the service in May 2019, the accumulated real estate transaction amount has exceeded 200 billion won, and with 5,700 accumulated properties. Currently, the company has established 13 directly managed branch offices of WoodaeBbang Estate Brokerage Corporation and is growing into a real estate brokerage franchise. In November 2022, the company raised KRW 1 billion in venture funding from new investor Timewise Investment.

The company operates Woodaebang, an online apartment brokerage service. In addition, it is also operating a real estate start-up school for certified real estate agents that provides an overall training course on the know-how and practice of opening a real estate business.

## Funding rounds

- Seed, Sep 1, 2021 — Mashup Ventures
- Seed, Jul 6, 2021 — Mashup Ventures

## Investors

- Mashup Ventures (https://capitalatlas.ai/funds/mashup-ventures) — Seed