# InTheCore Business Platform Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inthecore-business-platform-co

- Industry: Software
- Headquarters: Seongnam, South Korea
- Website: www.istay.io
- Latest round: Seed (Sep 24, 2018)
- Investors on record: 1

## About

Based in Seoul, South Korea, and founded in 2015, InTheCore Business Platform Co., Ltd operates as a hospitality technology development company offering iSTAY, a room management platform. In September 2024, T'order Co., Ltd., a portfolio company of Korea Development Bank, LB Investment, Korea Investment Partners, Big Basin Capital, FuturePlay, Noh & Partners, and CNT Tech, acquired InTheCore Business Platform Co., Ltd. Financial terms were not disclosed. The company’s platform has a network of more than 250 hotels and over 50,000 rooms and is led by its CEO, Hyunsuk Han. Some of the domestic luxury hotels using iStay include Walkerhill Hotel & Resort, Chosun Palace, The Ambassador Pullman, etc.

The company’s platform, iStay, is a smart hotel platform, that offers a contactless guests experience to the guests to check in and check out using a smartphone without any face-to-face interaction with the hotel management team. iStay also has features to order room service, request amenities, make reservations for in-hotel facilities using the mobile order method, and control IoT devices (TV, audio, lighting, refrigerator, air conditioner, etc.) in the room smartphone without installing a separate app or registering as a member. The platform has an automatic translation function for overseas visitors from 23 countries.

## Funding rounds

- Seed, Sep 24, 2018 — Korea Venture Investment Corporation

## Investors

- Korea Venture Investment Corporation (https://capitalatlas.ai/funds/korea-venture-investment-corporation) — Seed