# Mondrian AI

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

- Industry: Software
- Headquarters: South Korea
- Website: www.mondrian.ai
- Total disclosed funding: $3.7M
- Latest round: Series A (Mar 16, 2022)
- Investors on record: 5

## About

Founded in 2016 and based in South Korea, Mondrian AI creates intelligent solutions for businesses and government agencies by combining data configuration and distributed processing. In March 2022, Mondrian AI raised KRW 4.5 billion in Series A funding from BNK Venture Capital, Evergreen Investment Partners, LOTTE Ventures, Megazone Cloud Co., Ltd., and T Investment. Dae-eui Hong is the CEO of the company.

The company provides Yennefer, an artificial intelligence platform that enables users to quickly and easily perform all processes from collecting and processing data necessary for companies or organizations to introduce artificial intelligence, and developing, distributing, and monitoring artificial intelligence models. The firm also develops its AI-based pipelines namely Mondrian City Visualizer, Mondrian AI Fabric, Mondrian AI Research, and Mondrian AiBox.

Mondrian AI's services include enterprise software development, AI research support, big data analysis, building data infrastructure, data visualization, and IT consulting. The company's partners and clients include Cisco, ifez, InBody, and more. The firm serves healthcare, smart city, smart factory, network, object detection, and business solution industries. 

The organization plans to use the March 2022 investment to recruit talents, launch a cloud service, and enter the global market.

## Funding rounds

- Series A, Mar 16, 2022, $3.7M — BNK Venture Capital, Evergreen Investment Partners, Megazone Cloud Corp., T Investment, Lotte Ventures

## Investors

- BNK Venture Capital (https://capitalatlas.ai/funds/bnk-venture-capital) — Series A
- Evergreen Investment Partners (https://capitalatlas.ai/funds/evergreen-investment-partners) — Series A
- Megazone Cloud Corp. — Series A
- T Investment (https://capitalatlas.ai/funds/t-investment) — Series A
- Lotte Ventures (https://capitalatlas.ai/funds/lotte-ventures) — Series A