# Smoothy

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.smoothy.co
- Total disclosed funding: $0.2M
- Latest round: Seed (Oct 1, 2017)
- Investors on record: 2

## About

Smoothy inc. delivers innovative group video calling services through its app, enhancing user communication with features like augmented reality stickers for vibrant interactions among friends and family.Smoothy inc. was founded in 2017 in Seoul, South Korea, offering advanced video communication solutions. The company has not undergone any significant pivots or changes in business operations. The firm has successfully raised a total of KRW 1,800.000 mn in funding, with the latest round occurring on March 17, 2022, involving investors such as Lotte Accelerator and Seoul Business Agency. The company is led by CEO Hyungeun Jo.Smoothy inc. specializes in group video calling services via its app, allowing seamless communication with up to eight participants simultaneously. The app features augmented reality (AR) stickers and special effects, enhancing user engagement for various social scenarios. It caters to individual users across multiple regions, including North America, Europe, and parts of Asia, focusing on interactive communication tools to connect users regardless of their location.Smoothy inc. generates revenue through a direct-to-consumer model, offering core video calling features and premium enhancements. The app employs various pricing plans, including subscription options for additional AR effects and larger group functionalities. This transactional approach allows the company to effectively monetize its innovative communication solutions, targeting individual consumers who seek engaging ways to connect.Smoothy inc. is focused on expanding its product offerings and market reach. The company aims to design and launch new features, enhancing the app's functionality. Plans are underway to enter additional geographic markets, with a focus on regions such as Southeast Asia by late 2023. The recent funding of KRW 1,800.000 mn will support these initiatives, enabling the company to strengthen its service delivery and broaden its market presence.

## Funding rounds

- Seed, Oct 1, 2017 — FuturePlay, Korea Tech Incubator for Startup
- Seed, Aug 1, 2017, $0.2M — FuturePlay

## Investors

- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Seed
- Korea Tech Incubator for Startup — Seed