# Pilleye

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

- Industry: Healthcare IT
- Headquarters: Seoul, South Korea
- Website: www.pilleye.com
- Latest round: Seed (Aug 18, 2022)
- Investors on record: 2

## About

Pilleye, based in Seoul, South Korea, develops innovative software solutions for healthcare and pharmacy sectors, specializing in advanced pill counting technology that enhances medication management.Founded in 2020, Pilleye is dedicated to developing software solutions that improve pill counting efficiency through innovative technology. The company was established by Benny Park, who serves as CEO and has a history of leading tech initiatives. In August 2022, Pilleye completed a Seed funding round, raising KRW 5,600 mn with participation from investors including KB Investment and Kakao Ventures, focusing on enhancing their product offerings and market reach.PillEye offers a pill counting application tailored for healthcare and pharmacy professionals. The core feature, PillEye Live Mode, utilizes Vision AI technology for real-time pill counting with an accuracy of 99.99%, allowing users to count up to 1,300 pills in just 0.14 seconds. Additionally, the app's Photo Mode processes up to 500 pills per second, accommodating various pill types. With over 770,000 users in more than 225 countries, including the United States and South Korea, Pilleye streamlines pill counting processes for healthcare professionals.For the year 2022, Pilleye reported a revenue of KRW 25,400 mn. The company's subscription model allows users to access premium features, facilitating direct transactions for enhanced medication management. Pilleye enables collaboration among healthcare teams, optimizing inventory management and workflow efficiencies within pharmacies and healthcare institutions.Pilleye aims to expand its product line with new features and enhancements planned for release in the upcoming year. The company also intends to enter new markets, targeting regions across Asia and North America by mid-2023. The recent funding round in August 2022 is expected to support these growth initiatives, particularly through participation in the Accelerator Investment-Driven Tech Incubator Program, which will facilitate further product development and market expansion.

## Funding rounds

- Seed, Aug 18, 2022 — Kakao Ventures, Korea Tech Incubator for Startup

## Investors

- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Seed
- Korea Tech Incubator for Startup — Seed