IVIM Technology

Medical Devices & EquipmentSeries CDaejeon, South Koreaivimtech.co.kr

Latest round

Series C

Last raised

Apr 2022

Total raised

$22M

Investors

7

About IVIM Technology

Based in South Korea, IVIM Technology Corp., founded in 2017 and headquartered in Daejeon, South Korea, focuses on developing technology-driven solutions for enterprise-level operational challenges. The company was founded by Insun Kim, who has a background in technology entrepreneurship.The company’s core product offerings center around innovative solutions designed to address specific operational challenges faced by enterprises across various sectors. These solutions encompass advanced software applications and platforms that facilitate enhanced data management, analytics, and process optimization. By catering primarily to mid-sized and large enterprises in industries such as finance, healthcare, and manufacturing, the company aims to streamline workflows, improve decision-making, and ultimately drive business growth. Since their initial launch, these products have been well-received in key markets, including North America and Western Europe, where the demand for efficient, technology-driven solutions is significant.The company generates revenue through a combination of subscription-based models and direct sales of its flagship software solutions. Clients typically engage in annual contracts that provide access to the company’s products along with ongoing support and updates. These transactions are structured to promote long-term partnerships, with clients benefiting from tiered pricing plans based on the scale of usage and the number of users. Revenue is further supported by additional services like customization and consulting, tailored to meet the specific needs of clients.IVIM Technology Corp. The company is currently developing advanced software solutions targeted for launch in late 2024, aimed at enhancing operational efficiency for clients in growing sectors. Additionally, IVIM Technology aims to penetrate the Southeast Asian market by 2025, responding to the increasing demand for technological solutions in that region.34 billion in an IPO on August 6, 2024, selling shares on the KOSDAQ, which will also support its expansion efforts.

Who invested in IVIM Technology

7 investors across 3 rounds

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Funding rounds

  1. Series C

    Apr 21, 2022

    Amount

    $12M

    Investors

    Locked

  2. Series B

    Oct 7, 2019

    Amount

    $7.4M

    Investors

    Locked

  3. Series A

    Oct 30, 2017

    Amount

    $2.7M

    Investors

    Locked

Questions about IVIM Technology

Who invested in IVIM Technology?

IVIM Technology has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has IVIM Technology raised?

IVIM Technology has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did IVIM Technology last raise money?

IVIM Technology's most recent round on record is a Series C, in Apr 2022.

What does IVIM Technology do?

Based in South Korea, IVIM Technology Corp.

Where is IVIM Technology headquartered?

IVIM Technology is headquartered in Daejeon, South Korea.

Which VCs invest in companies like IVIM Technology?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back medical devices & equipment companies at IVIM Technology's stage. Their profiles are linked below.

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