# ittang

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.ittang.co.kr
- Total disclosed funding: $3.8M
- Latest round: Series A (May 24, 2023)
- Investors on record: 7

## About

Founded in 2019 and based in Seoul, South Korea, ittang, formerly known as OASIS BUSINESS, operates as a real estate technology company that has developed a commercial real estate sales estimation algorithm through artificial intelligence and big data research and development.  In October 2022, ittang raised seed funding from new investor Korea Tech Incubator for Startup, being selected for Accelerator Investment-Driven Tech Incubator Program. Financial terms of the deal were not disclosed. As of 2022, the company is led by its CEO Wook Moon. In May 2023, ittang raised KRW 5 billion in series A funding from new investors The Wells Investment, ROI Investment Partners, KEB Hana Bank, Infobank, and DL E&C. Other unspecified investors also participated in this round.

The company provides real estate information based on industry and region to small business owners through a metaverse platform and collaborates with the financial sector on an alternative credit rating model based on commercial real estate valuation.  ittang provides real estate information services based on industry and region to small business owners through a metaverse platform.

The company will use the May funding to advance its technology and enter oversea markets.

## Funding rounds

- Series A, May 24, 2023, $3.8M — Hana Bank, The Wells Investment, ROI Investment Partners, Infobank, DL E&C
- Seed, Sep 1, 2022 — Korea Tech Incubator for Startup, Synergy IB Investment

## Investors

- Korea Tech Incubator for Startup — Seed
- Synergy IB Investment (https://capitalatlas.ai/funds/synergy-ib-investment) — Seed
- Hana Bank — Series A
- The Wells Investment (https://capitalatlas.ai/funds/the-wells-investment) — Series A
- ROI Investment Partners (https://capitalatlas.ai/funds/roi-investment-partners) — Series A
- Infobank (https://capitalatlas.ai/funds/infobank) — Series A
- DL E&C — Series A