# IDCITI

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

- Industry: Software
- Headquarters: Incheon, South Korea
- Website: www.idciti.com/
- Total disclosed funding: $1.4M
- Latest round: Series A (Jan 6, 2025)
- Investors on record: 2

## About

Based in Incheon, South Korea, founded in 2020, IDCITI Inc. trading under the name IDCITI, operates as a company that develops Underground Positioning System (uGPS), an indoor solution that enables navigation services in locations where GPS signals are unavailable including tunnels, buildings, and underground parking lots. In January 2025, IDCITI Inc. raised KRW 2 billion in series A funding fromcUbiQuoss Investment and Honest Ventures.

IDCITI focuses on creating solutions for Smart Cities, with main product being the uGPS system. The indoor navigation technology offers precise location tracking in complex indoor environments, solving the problem of traditional GPS systems that don’t work well indoors. uGPS is customized to fit the specific needs of each client, ensuring it works well in different places. The firm system allows users to move easily between indoor and outdoor navigation using smartphones, without needing extra hardware or software. IDCITI works with a variety of clients, both locally and internationally, across industries like retail, transportation, and public services, especially in cities looking for smart solutions.

The company plans to use the January 2025 funding to further enhance its competitiveness and expand its technological leadership in the global Location-Based Services (LBS) market.

## Funding rounds

- Series A, Jan 6, 2025, $1.4M — Honest Ventures, UbiQuoss Investment

## Investors

- Honest Ventures (https://capitalatlas.ai/funds/honest-ventures) — Series A
- UbiQuoss Investment (https://capitalatlas.ai/funds/ubiquoss-investment) — Series A