# QRO

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

- Industry: Marketing/Advertising
- Headquarters: Seoul, South Korea
- Website: https://qro.do/
- Total disclosed funding: $0.3M
- Latest round: Seed (Sep 4, 2012)
- Investors on record: 1

## About

QRO, based in South Korea, specializes in providing innovative marketing solutions to enhance e-commerce experiences through its flagship platform, MyShop, which integrates personalized storefronts with social media.Founded in 2011 in Seoul, South Korea, QRO operates as a marketing solutions provider focused on e-commerce. The company raised KRW 2 billion in its most recent funding round on January 19, 2016, from NHN Entertainment Corp., achieving a total amount raised of KRW 2 billion across 4 deals.QRO offers a comprehensive suite of marketing solutions through its flagship product, MyShop. This platform enables users to create tailored storefronts that seamlessly integrate with social media, featuring personalized product recommendations, user-aligned search systems, and content-driven review mechanisms. MyShop primarily targets small to medium-sized enterprises (SMEs) and individual entrepreneurs seeking to establish a strong online presence, particularly in South Korea, while aiming for expansion into broader Asian markets.QRO generates revenue through a tiered subscription model associated with its MyShop platform. Retailers and individual sellers subscribe to various service packages, which provide features based on their operational scale. Revenue derives from subscription fees and transaction-based income from sales on the platform, with differentiated packages catering to various business sizes and needs.Following its recent funding round in January 2016, QRO plans to utilize the KRW 2 billion raised to expand its domestic market presence and develop new mobile advertising products. The company aims to broaden its footprint in Asian markets by enhancing its product offerings and operational capabilities. This strategic growth involves launching upcoming features that focus on mobile engagements, with targeted rollouts in the next fiscal year.

## Funding rounds

- Seed, Sep 4, 2012, $0.3M — BonAngels Venture Partners

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed