# Phlox Co.

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.pepperoni.co.kr
- Total disclosed funding: $0.7M
- Latest round: Seed (Jun 1, 2019)
- Investors on record: 1

## About

Based in South Korea, Phlox Co., Ltd. develops innovative software solutions that enhance operational efficiency for businesses across various sectors, including healthcare and finance.Founded in 2018 in Seoul, South Korea, Phlox Co., Ltd. focuses on providing software applications that improve task management and operational efficiency. The company successfully completed two investment deals, with the most recent funding round being a Seed round in October 2020 that raised KRW 800.000 mn from Spring Camp, bringing the total amount raised to KRW 800.000 mn.Phlox Co., Ltd. specializes in innovative technology solutions, offering a suite of software applications designed to enhance operational efficiency and streamline task management. Their products primarily serve businesses in healthcare, finance, and logistics, addressing challenges such as resource allocation and regulatory compliance. The solutions have gained traction in major markets including North America, Europe, and Asia, targeting mid to large-sized enterprises seeking to optimize their workflows.The company's revenue model operates on a subscription-based framework, allowing clients to access software solutions on a recurring basis. Clients typically subscribe to various tiers of service, ranging from essential functionality to comprehensive options that include advanced analytics and dedicated support. These flagship products drive substantial engagement within the B2B sector, enabling organizations to enhance efficiency and improve performance metrics.Phlox Co., Ltd. aims to launch new software products designed to further streamline business operations, although specific release dates have not been disclosed. The company seeks to expand its presence in North America and Europe by the end of 2022, leveraging the recent Seed funding from Korea Tech Incubator for Startup, obtained in October 2020, to support these initiatives as part of their Accelerator Investment-Driven Tech Incubator Program.

## Funding rounds

- Seed, Jun 1, 2019, $0.7M — Spring Camp

## Investors

- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed