# Kornatus

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

- Industry: Software
- Headquarters: Seongnam, South Korea
- Website: www.kornatus.com/
- Total disclosed funding: $12M
- Latest round: Series B (Jul 24, 2025)
- Investors on record: 9

## About

Based in South Korea, Kornatus specializes in developing innovative taxi services, enhancing mobility solutions for users through tailored ride-hailing experiences.Kornatus, founded in 2018 in Seongnam, South Korea, offers a ride-hailing platform. The company has successfully executed 5 deals, with the most recent one occurring on July 2025, when it raised KRW 13 billion in series B funding from new investors T.S. Investment and HB Investment. ???? is a ride-hailing service that offers a customized mobility experience through a variety of options tailored to individual user preferences. The platform provides several calling options, allowing users to select from standard or rapid dispatch services, enhancing the convenience of securing transportation. Key features include personalized ride settings, driver evaluations, and a points reward system where up to 10% of the final fare is credited back to users. The service emphasizes safety by requiring identity verification and membership registration. ???? primarily serves customers in South Korea, focusing on urban areas where demand for efficient and reliable taxi services is high.The revenue model for ???? is structured around individual ride transactions, where users pay a fare for services rendered. Upon completing a ride, customers are encouraged to utilize the automatic payment feature by pre-registering their credit cards, ensuring a seamless transaction process. Revenue is generated directly from fare payments, with potential additional income derived from the loyalty program that incentivizes user engagement through points accumulation. The company's offerings cater to direct consumers, making it accessible to a wide audience within the ride-hailing market. Although specific pricing details are not disclosed, the model supports frequent transactions as users leverage the app for everyday transportation needs. In July 2025, Kornatus raised KRW 13 billion in series B funding from new investors T.S. Investment and HB Investment. The company plans to utilize this funding to  pursue mergers and acquisitions of mobility companies for its business expansion.

## Funding rounds

- Series B, Jul 24, 2025, $9.5M — HB Investment, T.S. Investment
- Series A, Apr 27, 2020, $2.8M — NLVC, BonAngels Venture Partners, Seoul Business Agency, SparkLabs Ventures, TBT Partners, SK GAS
- Seed, Feb 1, 2020 — BonAngels Venture Partners, Korea Tech Incubator for Startup

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed, Series A
- Korea Tech Incubator for Startup — Seed
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A
- Seoul Business Agency — Series A
- SparkLabs Ventures — Series A
- TBT Partners (https://capitalatlas.ai/funds/tbt-partners) — Series A
- SK GAS — Series A
- HB Investment (https://capitalatlas.ai/funds/hb-investment) — Series B
- T.S. Investment (https://capitalatlas.ai/funds/t-s-investment) — Series B
