# i-um

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/i-um

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.i-um.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Jun 1, 2011)
- Investors on record: 2

## About

i-um, based in South Korea, is a provider of innovative solutions designed to tackle specific industry challenges, enhancing operational efficiency across diverse sectors.Founded in 2008 in Seoul, South Korea, i-um specializes in delivering advanced solutions tailored to various industries. The company has successfully completed 3 deals, with its latest funding round being a Series A in May 2021, during which it raised KRW 2,600.00 mn from investors including Altos Ventures and BSK Investment.The company's core product offerings focus on innovative solutions designed to address specific industry challenges, enhancing operational efficiency and improving user experience across various sectors. i-um serves a diverse clientele in both business-to-business (B2B) and business-to-consumer (B2C) markets, with a strong emphasis on value delivery. Its geographical market presence spans North America, Europe, and Asia-Pacific, with proprietary technologies aimed at optimizing processes for clients in technology, manufacturing, and retail sectors.i-um generates revenue through a structured transaction model that includes subscriptions and direct sales, engaging clients with annual or multi-year contracts. This model facilitates access to the company's flagship products and services, which are designed for seamless operational integration. The revenue streams from recurring subscription fees and one-time licensing agreements underscore their commitment to providing reliable solutions that adapt to customer needs.In May 2021, i-um ceased operations, indicating a significant shift in the company's trajectory. As such, future growth plans, including the launch of new products or market expansions, are currently not applicable.

## Funding rounds

- Series A, Jun 1, 2011, $2.4M — Altos Ventures, BSK Investment

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series A