# Omnious

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.omnious.com
- Total disclosed funding: $3.7M
- Latest round: Series A (Jul 11, 2019)
- Investors on record: 5

## About

Omnious is an innovative company specializing in AI-driven solutions that enhance the e-commerce experience for the fashion industry by enabling virtual try-ons and personalized shopping experiences.Omnious is focused on developing advanced AI technologies to improve e-commerce experiences. Founded by Hyungwon Choi, Jun-Cheol Park, and Yunhun Jang, the company is headquartered in Seoul, South Korea. As of November 2021, Omnious raised KRW 10 billion in funding from investors including Mirae Asset Venture Investment, NH Investment & Securities, and Quantum Ventures Korea, marking a strategic investment in expanding their technology offerings. The company has completed a total of four funding deals, with the latest funding round raising KRW 10 billion, which equals their total amount raised.OMNIOUS.AI specializes in innovative AI-driven solutions designed to enhance the e-commerce experience, particularly in the fashion industry. Their flagship product, Vella, is a platform that generates photorealistic virtual try-on images, allowing consumers to visualize products on themselves before making a purchase. This technology addresses common consumer concerns about fit and appearance, aiming to reduce return rates and improve overall satisfaction. Additionally, they offer OMNICOMMERCE AI suites, which personalize e-commerce experiences to cater specifically to individual consumer preferences and behaviors, serving businesses primarily in North America and Europe.OMNIOUS.AI generates revenue primarily through a subscription-based model tailored to businesses leveraging its AI technologies. Clients, including fashion retailers and e-commerce platforms, subscribe to the Vella platform and OMNICOMMERCE AI suites through annual or monthly plans. This structure allows diverse businesses, from startups to established enterprises, to access advanced AI capabilities and enhance their online shopping experience while driving customer engagement.Omnious plans to utilize the KRW 10 billion raised in November 2021 to bolster its research and development, marketing, and talent recruitment efforts to advance its services. The company is focused on launching new products to further enhance its AI offerings and is targeting expansion into additional markets, particularly in Europe and Asia, by the end of 2023.

## Funding rounds

- Series A, Jul 11, 2019, $2.5M — Quantum Ventures Korea, Enlight Ventures
- Series A, Mar 7, 2017, $0.9M — Korea Investment Partners
- Seed, Mar 31, 2016, $0.3M — Big Basin Capital, Mashup Ventures

## Investors

- Big Basin Capital (https://capitalatlas.ai/funds/big-basin-capital) — Seed
- Mashup Ventures (https://capitalatlas.ai/funds/mashup-ventures) — Seed
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series A
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series A