# Linewalks

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

- Industry: Healthcare IT
- Headquarters: Seoul, South Korea
- Website: www.linewalks.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Nov 10, 2020)
- Investors on record: 3

## About

Based in South Korea, Linewalks specializes in data solutions, offering services that enhance digital communication and IT operations, fostering productivity and real-time data access across various sectors.Linewalks, founded in 2014 and headquartered in Seoul, South Korea, focuses on providing data solutions that improve digital communication. The company has successfully completed 5 deals, with their most recent funding round occurring on August 23, 2022, where they raised KRW 13.8 billion from Kakao Healthcare Corp. This funding aims to bolster their capabilities in the digital healthcare sector.Linewalks delivers advanced enterprise mobility solutions that enhance workforce productivity and streamline operations across diverse industries such as healthcare, finance, and retail. Their offerings include custom software solutions tailored to specific business challenges, helping clients improve collaboration and access real-time data. Their products are marketed primarily in North America and Europe, targeting urban centers where digital transformation is rapidly progressing.Linewalks generates revenue through a structured model based on subscription services and B2B engagements. Clients enter partnership agreements that include customized service packages, which may involve tiered pricing plans allowing companies to select services based on their needs. This model fosters long-term client relationships and ensures a steady revenue stream through ongoing service renewals and upgrades, with their flagship offerings being central to this transactional framework.Following their recent funding round in August 2022, Linewalks plans to utilize the KRW 13.8 billion raised to enhance their digital healthcare business capabilities. The company aims to develop new products that cater specifically to the healthcare sector. Additionally, they have strategies to expand into new geographical markets, although specific regions have not been disclosed, the focus will likely include areas with increasing demands for digital healthcare solutions.

## Funding rounds

- Series A, Nov 10, 2020, $4.5M — Partners Investment, Kite Entrepreneurship Foundation, Insight Equity Partners

## Investors

- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A
- Kite Entrepreneurship Foundation — Series A
- Insight Equity Partners (https://capitalatlas.ai/funds/insight-equity-partners) — Series A