SPIDERLAB

InternetSeedSeoul, South Koreawoodo.kr

Latest round

Seed

Last raised

May 2021

Total raised

Undisclosed

Investors

2

About SPIDERLAB

Founded in 2019 and headquartered in Seoul, South Korea, SPIDERLAB specializes in library management solutions that support reading and literacy.SPIDERLAB offers a range of products focused on promoting reading and literacy through its B2B platform. This platform provides access to a variety of books categorized by language and age group, serving preschoolers to adults. Their offerings include Korean and English books segmented by proficiency levels, along with features like tailored searches and rental tracking to enhance user experience.The company's revenue model is built on subscription and rental services aimed at educational institutions and consumers. SPIDERLAB generates income through B2B transactions where schools and libraries subscribe to its platform, alongside one-time rental fees for specific titles. Pricing plans accommodate various client needs, with tiered packages offering different access levels based on institution requirements. The company plans to introduce new products designed to improve user engagement by mid-2023. Additionally, SPIDERLAB is targeting expansion into other Asian markets, with a focus on launching operations by the end of 2023, aiming to broaden access to its literacy solutions.

Who invested in SPIDERLAB

2 investors across 1 round

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Funding rounds

  1. Seed

    May 1, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about SPIDERLAB

Who invested in SPIDERLAB?

SPIDERLAB has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SPIDERLAB raised?

SPIDERLAB has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did SPIDERLAB last raise money?

SPIDERLAB's most recent round on record is a Seed, in May 2021.

What does SPIDERLAB do?

Founded in 2019 and headquartered in Seoul, South Korea, SPIDERLAB specializes in library management solutions that support reading and literacy.

Where is SPIDERLAB headquartered?

SPIDERLAB is headquartered in Seoul, South Korea.

Which VCs invest in companies like SPIDERLAB?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back internet companies at SPIDERLAB's stage. Their profiles are linked below.

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