# Gooroomee

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.gooroomee.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Dec 24, 2018)
- Investors on record: 2

## About

Gooroomee Inc., based in South Korea, develops innovative digital communication solutions that enhance interaction across various sectors, catering to both individuals and businesses.Founded in 2015 and headquartered in Seoul, South Korea, Gooroomee Inc. focuses on creating digital solutions for enhancing communication. The company has conducted a total of 4 deals, with its most recent funding round in August 2020 when it raised KRW 2 billion through PRE SERIES A funding from Innopolis Partners, P&P Investment, and Winvest Venture Capital, amounting to a total fundraising of KRW 2 billion.Gooroomee specializes in providing innovative solutions tailored to meet the needs of its diverse client base, which includes both individual consumers and businesses across multiple industries. Their core product offerings are designed to resolve specific challenges faced by end users, enhancing efficiency and effectiveness in various applications. Key products focus on advancing technology in sectors such as healthcare, finance, and consumer goods, with a notable emphasis on user-friendly interfaces and robust functionality. These products are marketed and sold primarily in North America, Europe, and Asia-Pacific, ensuring a broad reach to potential customers who benefit from their solutions. Each product is meticulously crafted to address particular pain points, ensuring its relevance and value in the marketplace.The company's revenue model is structured around a combination of direct-to-consumer sales and B2B partnerships, enabling flexible transaction scenarios tailored to client needs. Clients engage in transactions through subscription-based services, allowing for recurring revenue streams and fostering long-term relationships. The firm offers a tiered pricing strategy that accommodates varying customer requirements, from entry-level products to more advanced, feature-rich solutions. Notably, flagship products under the company’s trademark are positioned at competitive price points, attracting both individual users and larger enterprises. This structure not only facilitates extensive market penetration but also ensures a steady influx of revenue as clients continue to opt for their services and products over time.In August 2020, Gooroomee Inc. raised KRW 2 billion to enhance its K-OnTact platform by strengthening marketing efforts in Korea. The firm is focused on improving its product offerings and intends to expand into new markets in Asia-Pacific by 2022, aiming to establish a stronger presence in regions where digital communication solutions are increasingly necessary.

## Funding rounds

- Seed, Dec 24, 2018, $0.5M — Banks Foundation for Young Entrepreneurs, Bithumb Investment

## Investors

- Banks Foundation for Young Entrepreneurs — Seed
- Bithumb Investment (https://capitalatlas.ai/funds/bithumb-investment) — Seed