# Triple

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

- Industry: Travel & Leisure
- Headquarters: Seongnam, South Korea
- Website: www.triple-corp.com
- Total disclosed funding: $38M
- Latest round: Series B (Apr 1, 2019)
- Investors on record: 15

## About

Based in South Korea, Triple Corp. specializes in digital solutions tailored for enhancing travel and leisure experiences, focusing on innovative technology to serve both domestic and international travelers.Triple Corp. was founded in 2016 in Seongnam, South Korea, and is primarily engaged in providing innovative travel solutions. The company successfully completed a MERGER with Interpark Corporation on August 1, 2022, which expanded its offerings in overseas travel services. The firm has secured a total of KRW 10,000 mn in funding, with its most recent investment from multiple venture capital firms. The founder's specific history is not disclosed, nor are there mentions of other ventures prior to this.Triple Corp. operates the NOL app, which is a comprehensive platform for travel and ticket bookings. This app provides users access to various travel options and cultural experiences in Korea, tailored for both locals and international visitors. It enables personalized travel itineraries and ticket purchases, focusing on enhancing leisure activities in urban centers and popular tourist spots.In fiscal year 2020, Triple Corp. reported revenues of KRW 334,878.3 and an EBITDA of KRW -12,934,503.5 for the same year. The company generates revenue mainly through its platform by charging service fees for each travel booking and ticket sale facilitated via the NOL app, emphasizing customer engagement through continuous updates and service enhancement.Following the merger with Interpark Corporation, which took place on August 1, 2022, Triple Corp. aims to expand its digital travel solutions by incorporating detailed information on overseas destinations and customizing services for international travelers. The recent funding of KRW 10,000 mn will support the development of new features within the NOL app and assist in expanding their market presence in international regions. Through these initiatives, Triple Corp. seeks to enhance user engagement and broaden its customer base.

## Funding rounds

- Series B, Apr 1, 2019, $26M — AJU IB Investment, Shinhan Venture Investment, KB Investment, WOORI Venture Partners, Korea Investment Partners, Smilegate Investment, DSC Investment, Mirae Asset Venture Investment, IBK Capital, Kiwoom Investment, IBK Securities, KB Securities, AJ Capital Partners, B&A Asset
- Series A, May 17, 2018, $11M — AJU IB Investment, KB Investment, Korea Investment Partners, Naver

## Investors

- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series A, Series B
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A, Series B
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A, Series B
- Naver — Series A
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series B
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series B
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series B
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series B
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series B
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series B
- IBK Securities (https://capitalatlas.ai/funds/ibk-securities) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- AJ Capital Partners — Series B
- B&A Asset — Series B