# monee lab

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

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.moneeapp.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Mar 1, 2022)
- Investors on record: 2

## About

Based in South Korea, monee lab is a technology company that develops innovative digital solutions, enhancing efficiency for businesses through advanced software platforms.Founded in 2021 and headquartered in Seoul, South Korea, monee lab focuses on creating digital tools that meet specific market needs. The company, led by CEO Kyung Lee, has successfully secured KRW 500 million in Seed funding from Korea Tech Incubator for Startup and Infobank in March 2022. This funding supports their ongoing initiatives and innovation within the technology sector.monee lab offers a variety of advanced software platforms designed for operational efficiency across multiple industries. Their products facilitate seamless communication, data management, and analytical capabilities, primarily targeting small and medium-sized enterprises as well as larger corporations in North America and Europe. The company addresses market needs in sectors such as e-commerce, finance, and healthcare, providing tailored solutions to enhance productivity and streamline processes.The revenue model of monee lab is based on subscription services and long-term partnerships, allowing clients to access their software platforms through tiered pricing plans. These plans are structured to accommodate different feature sets and usage levels, primarily in a B2B context. The firm generates income through ongoing subscription agreements that include support and updates, with some offerings available directly to consumers to ensure a flexible approach to service delivery.monee lab aims to expand its application functions to better serve middle and high school students, utilizing the KRW 500 million raised in Seed funding. The company plans to introduce new product features by the end of 2023, focusing on enhancing educational tools. Additionally, monee lab is exploring opportunities to enter new geographical markets, specifically targeting expansion across Southeast Asia within the next two years.

## Funding rounds

- Seed, Mar 1, 2022, $0.4M — Korea Tech Incubator for Startup, Infobank
- Seed, Feb 10, 2022 — Infobank

## Investors

- Infobank (https://capitalatlas.ai/funds/infobank) — Seed
- Korea Tech Incubator for Startup — Seed