# Reverselab

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

- Industry: Transportation Services
- Headquarters: Seoul, South Korea
- Website: www.reverselab.co.kr
- Total disclosed funding: $2.1M
- Latest round: Series A (Jun 29, 2020)
- Investors on record: 3

## About

Reverselab Ltd., headquartered in Seoul, South Korea, offers advanced reverse engineering and product analysis solutions, targeting enhancements in product design and functionality across various industries.Founded in 2016 in Seoul, South Korea, Reverselab Ltd. specializes in reverse engineering and product analysis. The company has executed a total of 7 deals, with the latest being an Add-on, Trade Sale valued at KRW 13 billion, led by The Swing Corp. The firm has raised a total of KRW 2.5 billion. Founders Austin Sherwood and Ricardo Ezequiel have not been linked to other known companies.Reverselab specializes in advanced reverse engineering and product analysis solutions tailored for manufacturing and technology sectors. Their offerings include analytical tools for evaluating and enhancing existing products, addressing challenges in product development such as quality improvement, time to market, and regulatory compliance. Key clients are leading manufacturers and tech companies in the automotive and electronics sectors, with a strong presence in North America and Europe.Reverselab operates on a B2B model, generating revenue through subscription-based contracts and project agreements. Their flagship service provides a comprehensive reverse engineering package for large enterprises, often necessitating a substantial long-term investment. Revenue transactions typically involve annual subscriptions priced based on service complexity and scope, establishing a consistent revenue stream through high-value partnerships.Reverselab plans to expand its product offerings and geographic reach following its acquisition by The Swing Corp. on January 6, 2025. This acquisition, valued at KRW 13 billion, allows The Swing Corp. to diversify beyond shared kickboard sales and enhance its mobility services. The firm aims to launch new products and services while targeting expansion into additional markets across Asia and Europe by leveraging recent funding to support these growth initiatives.

## Funding rounds

- Series A, Jun 29, 2020, $2.1M — Coolidge Corner Investment, Magellan Technology Investment, BSK Investment

## Investors

- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Series A
- Magellan Technology Investment (https://capitalatlas.ai/funds/magellan-technology-investment) — Series A
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series A