# OGQ

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.ogqcorp.com
- Total disclosed funding: $59M
- Latest round: Series B (Nov 18, 2021)
- Investors on record: 7

## About

OGQ Corp. is a digital content marketplace that empowers creators by providing platforms to monetize their work, offering diverse services tailored for content creators globally.Founded in 2011, OGQ Corp. is headquartered in Seoul, South Korea, where it operates as a comprehensive platform for social creators. The company has successfully executed 6 deals, with its most recent funding round occurring on July 29, 2022. Cheol-ho Shin serves as the CEO. In this round, OGQ Corp. raised KRW 35,000.00 mn from T Scientific Co., Ltd., bringing the total amount raised to KRW 35,000.00 mn.OGQ operates a comprehensive social creators' platform specializing in digital content marketplaces and services that empower global creators. Its core offerings include the OGQ Market, Naver OGQ Market, and AfricaTV OGQ Market, allowing creators to monetize images, videos, and other digital content. The flagship service, OGQ Picreative, launched in 2021, provides a B2B subscription model for copyright resources, catering to over 3 million content buyers and approximately 15 million global creators across 191 countries, with a library of over 200 million digital assets and 2.8 billion downloads by August 2021.In the most recent fiscal year of 2019, OGQ reported revenue of KRW 1,759,914.30 and an EBITDA of KRW -1,514,703.20. The company's revenue model is built on transactional structures including B2B subscriptions, consumer sales, and partnerships. Revenue is generated through premium placements in its marketplaces and subscription fees from businesses using the OGQ Picreative service, supported by partnerships like those with AfricaTV.As of July 2022, OGQ Corp. is focusing on launching new product offerings and enhancing its existing platforms. The recent funding will be utilized to support these initiatives and facilitate expansion into new geographic markets. Specific plans are in place to strengthen its presence in Asian markets and enhance service delivery globally.

## Funding rounds

- Series B, Nov 18, 2021, $56M — Partners Investment, Naver, Daishin Securities, AfreecaTV, Brave New Investment, DS Asset Management
- Series A, Nov 8, 2017, $2.2M — Central Investment Partners

## Investors

- Central Investment Partners (https://capitalatlas.ai/funds/central-investment-partners) — Series A
- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series B
- Naver — Series B
- Daishin Securities — Series B
- AfreecaTV — Series B
- Brave New Investment (https://capitalatlas.ai/funds/brave-new-investment) — Series B
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series B