# Readnumber

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.readnumber.com/
- Latest round: Series A (Dec 29, 2021)
- Investors on record: 5

## About

Based in South Korea, Readnumber Inc. specializes in providing a tax and accounting platform tailored for small business owners, streamlining their tax management and compliance processes through innovative digital solutions.Founded in 2018 in Seoul, South Korea, Readnumber Inc. operates a specialized tax and accounting platform dedicated to assisting small business owners with their tax-related needs. The company has completed four deals, with the most recent funding round occurring on December 29, 2021. Seok-min Lee serves as both the CEO and founder of the company. Readnumber Inc. operates as a specialized tax and accounting platform aimed at small business owners in South Korea. The core offering is a comprehensive suite of services functioning as a personal tax assistant, addressing various tax-related challenges faced by these entrepreneurs. The platform provides real-time tax consultations, management of sales and expenses, employee management, and payroll guidance through a mobile application. Users can monitor daily transactions, manage labor costs, and receive notifications for tax filings and government support applications. The primary customer base includes small business proprietors in sectors such as retail, food service, and wellness, specifically targeting urban areas across South Korea, including Seoul and Busan.Readnumber Inc.'s revenue model primarily relies on subscription services for its tax and accounting solutions, targeting individual business owners and exempt businesses. Customers can choose from various pricing plans, including a monthly subscription fee of 60,000 KRW for individual business owners and 50,000 KRW for exempt businesses. These subscription fees are exclusive of VAT, allowing for continuous access to the platform, which facilitates seamless communication via phone and app-based chat services, ensuring clients receive timely support for their tax management needs.In December 2021, Readnumber Inc. raised an undisclosed amount in Series A funding from E&Investment, The Wells Investment, and KB Investment. This investment will help Readnumber Inc. enhance its services to assist users in resolving tax filing and management issues. The company is focused on improving its platform features and might consider exploring additional market opportunities in the Asia-Pacific region to further expand its customer base.

## Funding rounds

- Series A, Dec 29, 2021 — KB Investment, E&Investment, The Wells Investment
- Seed, Jun 30, 2020 — CNT Tech
- Seed, Jun 16, 2020 — The Ventures

## Investors

- The Ventures (https://capitalatlas.ai/funds/the-ventures) — Seed
- CNT Tech (https://capitalatlas.ai/funds/cnt-tech) — Seed
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- E&Investment (https://capitalatlas.ai/funds/e-investment) — Series A
- The Wells Investment (https://capitalatlas.ai/funds/the-wells-investment) — Series A