# Rye & Catchers

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rye-catchers

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.ryencatchers.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Dec 30, 2017)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2015, Rye & Catchers, Inc., a.k.a. Rye & Catchers operates as a data technology company that uses artificial intelligence (AI) and big data technologies to provide its clients with solutions for data analysis in various business applications. In April 2022, Rye & Catchers raised venture funding from Kyobo Securities. As of November 2022, Yun Heo is the CEO of the company.

The company provides AIMD, an artificial intelligence recommendation platform that utilizes natural language processing and collaborative filtering with AI technology for delivering personalized recommendations to shopping malls. The platform offers a wide range of solutions, including keyword extraction, document similarity determination, referral-based intelligent commerce, and personalized recommendation.

Rye & Catchers plans to use its proceeds from November 2022 funding to focus on systematizing its internal business portfolio and strengthening its organizational strength. The company also plans to expand the scale of the DX business headquarters, secure a stable sales structure, and hire more talent.

## Funding rounds

- Seed, Dec 30, 2017, $0.1M — Seoul Investment Promotion Agency, KB Kookmin Card, The Invention Lab

## Investors

- Seoul Investment Promotion Agency — Seed
- KB Kookmin Card — Seed
- The Invention Lab (https://capitalatlas.ai/funds/the-invention-lab) — Seed