# SOVORO

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.sovoro.kr
- Total disclosed funding: $1.1M
- Latest round: Series A (Aug 11, 2022)
- Investors on record: 6

## About

Based in Seoul, South Korea, and founded in 2017, SOVORO operates as an artificial intelligence (AI) based company providing voice recognition-based real-time subtitle service platform for hearing-impaired people. As of 2023, the firm is headed by its CEO Jihyeon Yoon. In August 2022, the firm raised KRW 1.4 billion in Series A funding from Bluepoint Partners, D3 Jubilee Partners, IPS Ventures, and POSTECH Holdings Co., Ltd.

SOVORO offers speech recognition software that recognizes the speaker's voice and displays the same subtitles and allows to share it with others, enabling users with hearing impairment to communicate in public. The firm product range includes SOVORO transcription service in mobile devices and PC SOVORO which is a live transcription software for PC. The company’s software offer subtitle in Korean, English, Chinese, Japanese, Spanish, and German. In addition, the firm provides artificial intelligence (AI) based interpretation services to both consumers and enterprises.

## Funding rounds

- Series A, Aug 11, 2022, $1.1M — Bluepoint Partners, D3 Jubilee Partners, POSTECH Holdings, IPS Ventures
- Seed, Mar 1, 2022 — Korea Tech Incubator for Startup, POSTECH Holdings
- Seed, Mar 26, 2018 — Sopoong Ventures

## Investors

- Sopoong Ventures (https://capitalatlas.ai/funds/sopoong-ventures) — Seed
- Korea Tech Incubator for Startup — Seed
- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed, Series A
- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Series A
- D3 Jubilee Partners (https://capitalatlas.ai/funds/d3-jubilee-partners) — Series A
- IPS Ventures (https://capitalatlas.ai/funds/ips-ventures) — Series A