# SOOGONG

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

- Industry: Internet
- Headquarters: Seoul, South Korea
- Website: www.soogong.co.kr
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 18, 2020)
- Investors on record: 1

## About

Based in South Korea, SOOGONG Co., Ltd. provides innovative solutions focused on enhancing operational efficiency across various sectors, including manufacturing and logistics.SOOGONG Co., Ltd. specializes in developing automation systems and software solutions to streamline processes. Founded in 2019 in Seoul, South Korea, the company has raised KRW 70.000 mn in a SEED funding round, supported by Spring Camp, focusing on addressing challenges in the home repair market. It has completed 2 deals, with the most recent on March 8, 2021.Soogong Co. specializes in providing state-of-the-art solutions designed to enhance operational efficiency and streamline processes across various industries. Their core product offerings include advanced automation systems and innovative software solutions aimed at addressing specific challenges such as workflow optimization and data management. These products are tailored to meet the needs of both large enterprises and small to medium-sized businesses, serving a diverse clientele that spans manufacturing, logistics, and retail sectors. The company’s solutions are known for their reliability and scalability, with a focus on markets in Asia and North America, where they have established a significant presence. By integrating their technology into client operations, Soogong aims to deliver measurable improvements in productivity and cost-effectiveness.Soogong Co. generates revenue through a structured model that includes both direct sales and strategic partnerships. Transactions typically occur through a combination of B2B contracts and service subscriptions, offering clients tailored access to their software and automation solutions. The company's pricing strategy is designed to accommodate various client needs, with specific plans that cater to different scales of operation, ensuring both affordability and value. Notably, flagship products are often bundled with ongoing support and updates, fostering long-term client relationships and consistent revenue streams. The firm's revenue structure reflects their commitment to delivering high-quality service while maintaining competitive pricing in their target markets.With the KRW 70.000 mn raised in the SEED funding round, SOOGONG plans to address the challenges in the home repair market. The company is currently designing new products aimed at enhancing its offerings, although specific release dates are not mentioned. Additionally, SOOGONG aims to expand into new markets, particularly within Asia and North America, although specific timelines for this expansion have not been disclosed.

## Funding rounds

- Seed, Aug 18, 2020, $0.1M — Spring Camp

## Investors

- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed