# QUAT

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.nrise.net
- Latest round: Series B (Jan 12, 2021)
- Investors on record: 4

## About

Founded in 2011, and based in Seoul, South Korea, NRISE Inc. operates as a neighborhood social networking platform that provides its users the opportunity to hang out with friends or strangers from the same neighborhood. It also provides a home-based service that connects fitness trainers to users. In December 2022, NRISE Inc. raised KRW 12.5 billion in venture funding led by returning investor Korea Investment Partners, with participation from new investors LB Investment and Bokwang Venture Capital. Returning investor Daekyo Investment also participated in this round. As of 2022, the company is led by its CEO Kim Bong-ki.

NRISE Inc. offers two major services Quat, a drawing a J-curve of 60-fold sales growth within one year of service opening and is at the forefront of the domestic home training market, and Wippy a social discovery service app that connects users of the same platform.

NRISE Inc. plans to add an integrated exercise service to solve exercise and health issues through Quat by introducing health and functional food and nutritional supplement recommendations suitable for body data, various challenges, and exercise certification community functions.

## Funding rounds

- Series B, Jan 12, 2021 — Korea Investment Partners, Daekyo Investment, DT&Investment, Colopl Next

## Investors

- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series B
- Daekyo Investment (https://capitalatlas.ai/funds/daekyo-investment) — Series B
- DT&Investment (https://capitalatlas.ai/funds/dt-investment) — Series B
- Colopl Next (https://capitalatlas.ai/funds/colopl-next) — Series B