# Pillyze Co.

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

- Industry: Healthcare IT
- Headquarters: Seoul, South Korea
- Website: www.pillyze.com/
- Total disclosed funding: $12M
- Latest round: Series A (Aug 22, 2023)
- Investors on record: 9

## About

Based in South Korea, Pillyze Inc. operates as a provider of personalized health solutions, utilizing AI technology to enhance users' well-being through tailored dietary recommendations and interactive health coaching.Pillyze Inc. specializes in personalized health solutions, and was founded in 2021 in Seoul, South Korea. The company has engaged in 2 investment deals with its most recent funding round being a Series A on August 22, 2023, where it raised KRW 12 billion, led by Capstone Partners, alongside investors like KB Investment and Korea Development Bank. Ryan Shin serves as both the CEO and founder, contributing his experience to the company's strategic direction in the health tech sector.Pillyze Inc. specializes in providing personalized health solutions through its flagship AI health coach, Andy. The company offers personalized dietary recommendations, nutritional supplement suggestions, and an interactive platform for health-related inquiries, catering to health-conscious individuals and those with specific dietary needs in the South Korean market.Pillyze Inc. generates revenue primarily through a direct-to-consumer subscription model for its AI health coach services. The platform allows users to access tailored nutrition advice, creating a recurring revenue stream as users engage with the service to improve their health.In August 2023, Pillyze Inc. raised KRW 12 billion in Series A funding to advance its digital transformation in the healthcare market. The capital will be allocated towards enhancing platform features, such as body composition analysis and genetic testing, while the company aims to expand its offerings and reach new markets in the coming years.

## Funding rounds

- Series A, Aug 22, 2023, $9.1M — Korea Development Bank, KB Investment, Capstone Partners, Strong Ventures, Primer, Samsung NEXT Ventures, Nextrans
- Seed, Oct 29, 2021, $2.5M — Strong Ventures, Primer, Nextrans, Fast Ventures, Milestone Venture Partners

## Investors

- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Seed, Series A
- Primer (https://capitalatlas.ai/funds/primer) — Seed, Series A
- Nextrans (https://capitalatlas.ai/funds/nextrans) — Seed, Series A
- Fast Ventures (https://capitalatlas.ai/funds/fast-ventures) — Seed
- Milestone Venture Partners — Seed
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A