# Original Innovation Group Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/original-innovation-group-co

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.oinng.com
- Latest round: Seed (Sep 1, 2021)
- Investors on record: 3

## About

Original Innovation Group Co., Ltd. is a South Korean company that specializes in innovative technological solutions aimed at enhancing efficiency across various sectors.Founded in 2018 by Facundo Schinnea, Federico Colella, and Julie Choi, Original Innovation Group Co., Ltd. operates from Seoul, South Korea. The company has engaged in 3 deals, with the most recent deal occurring on September 1, 2021. Facundo Schinnea serves as the CEO, leading the company in its strategic initiatives.The company specializes in a range of innovative products and services designed to address specific needs within its target markets. Its core offerings include advanced technological solutions that enhance efficiency and streamline processes for businesses across various sectors. These products cater to both individual consumers and corporate clients, with end-use cases that span from improving operational workflows to providing data-driven insights for better decision-making. The company has established a diverse client base, including small to medium-sized enterprises and large corporations, particularly in sectors such as technology, healthcare, and finance. The geographical markets served are primarily focused on North America and Europe, where demand for such solutions is rapidly growing.The company's revenue is generated through a multi-faceted transaction structure, primarily involving direct sales and subscription-based models. Clients engage with the company through tailored partnerships that often include long-term contracts for ongoing services. Specific flagship products drive the majority of revenue, supported by a pricing strategy that reflects the value and innovation these offerings provide. For example, clients may subscribe to a service that includes regular updates and premium features, ensuring a steady revenue stream while fostering customer loyalty. The company focuses on maintaining strong relationships with its clients, facilitating repeat business and expansion opportunities within existing accounts, thereby solidifying its position in the competitive landscape.In September 2021, Original Innovation Group Co., Ltd. raised an undisclosed amount of Seed funding from Strong Ventures. The company plans to leverage this funding to develop new products aimed at enhancing their current service offerings. Additionally, Original Innovation Group Co., Ltd. is focusing on expanding its market presence in North America and Europe, with specific strategies to increase visibility and engagement by the end of 2023.

## Funding rounds

- Seed, Sep 1, 2021 — Strong Ventures
- Seed, Sep 2, 2020 — Strong Ventures
- Seed, Dec 1, 2019 — SparkLabs Accelerator, Block Crafters Capital

## Investors

- SparkLabs Accelerator (https://capitalatlas.ai/funds/sparklabs-accelerator) — Seed
- Block Crafters Capital — Seed
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Seed
