# Ronpick

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

- Industry: Software
- Headquarters: Busan, South Korea
- Website: www.ronfic.com
- Total disclosed funding: $3.4M
- Latest round: Series A (Jan 18, 2022)
- Investors on record: 4

## About

Based in Busan, South Korea, and founded in 2016, Ronpick, dba Ronfic, is a manufacturer of exercise coaching machines based on robotics. In January 2022, Ronfic raised KRW 4100 million in Series A funding from Laguna Investments, ES Invester, Small Business Ban, and Lotte Ventures.

The company offers fitness machines for customers to use for their exercise, including the Miniplus, Xim, FitVisor, and Smart Module. The machines provide individualized training plans and collect fitness data from users. Ronfic also offers fitness-based workshops and training sessions for future health or exercise professionals as part of its Ronfic Academy.

The company generates revenue by offering its Ronfic exercise machines to partner organizations. 

As of 2022, the company plans to use the funding to attain a compensation system for each exercise goal, such as diet, core, and balance, help exercise become more common in households, and further create health standards in South Korea.

## Funding rounds

- Series A, Jan 18, 2022, $3.4M — ES Investor, Laguna Investment, Small Business Investors, Lotte Ventures

## Investors

- ES Investor (https://capitalatlas.ai/funds/es-investor) — Series A
- Laguna Investment (https://capitalatlas.ai/funds/laguna-investment) — Series A
- Small Business Investors — Series A
- Lotte Ventures (https://capitalatlas.ai/funds/lotte-ventures) — Series A