# SKIA

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: http://www.skia.kr/english
- Total disclosed funding: $1.8M
- Latest round: Series A (Jan 28, 2021)
- Investors on record: 2

## About

Based in South Korea, SKIA develops technology solutions to enhance operational efficiency across various industries, focusing on data management and process automation for a diverse clientele.SKIA is a technology company headquartered in Seoul, South Korea, dedicated to creating innovative solutions that streamline operations in various sectors. Founded by Arjun Chhabra, who has a background in technology firms, SKIA has recently pivoted towards expanding its software offerings. As of July 2021, the company raised KRW 4.5 billion in a funding round led by investors including Albatross Investment and Industrial Bank of Korea, bringing the total amount raised to KRW 4.5 billion across two deals.SKIA specializes in software solutions that enhance operational efficiency and address challenges such as data handling inefficiencies and decision-making delays. Their core offerings include software applications for data management, analytics, and process automation, tailored to meet the needs of small to medium-sized enterprises and large corporations across diverse industries. These solutions are particularly strong in the North American and European markets, where they continuously integrate user feedback and technological advancements to adapt to client needs.SKIA generates revenue through a subscription model, where clients pay recurring fees for access to their suite of products and services. This model fosters long-term relationships with clients, ensuring they receive ongoing support and updates. Their flagship products, which are marketed through various pricing tiers, help businesses choose solutions that align with their operational requirements, enhancing customer satisfaction through personalized service.As of July 2021, SKIA is focused on launching new software products aimed at further enhancing their technological offerings. The company plans to expand into new markets, particularly targeting the Asian and European regions by 2023. Recent funding of KRW 4.5 billion will be utilized to support product development and market entry strategies, enabling SKIA to strengthen its presence in these competitive landscapes.

## Funding rounds

- Series A, Jan 28, 2021, $1.8M — Industrial Bank of Korea, Albatross Investment

## Investors

- Industrial Bank of Korea — Series A
- Albatross Investment (https://capitalatlas.ai/funds/albatross-investment) — Series A