# Vibey

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

- Industry: Marketing/Advertising
- Headquarters: Seoul, South Korea
- Website: www.vibey.co.kr
- Total disclosed funding: $0M
- Latest round: Seed (Oct 6, 2020)
- Investors on record: 1

## About

Based in South Korea, Vibey Inc. is a technology-driven company that offers marketing solutions for beauty brands seeking to enter the Vietnamese market through its innovative platform, Reviewty.Founded in 2019 and headquartered in Seoul, South Korea, Vibey Inc. specializes in developing comprehensive marketing strategies for beauty brands targeting Vietnam. The company has executed four deals, with its most recent funding round taking place on June 7, 2022, when it raised 250.000 KRW in a PRE-SERIES A round from investors including The Invention Lab and Traum Investment. Jin Park, the CEO, has a history of successfully managing companies in the tech and marketing sectors.Vibey Inc. primarily operates through its flagship product, Reviewty, a platform designed for beauty brands to penetrate the Vietnamese market. It provides integrated solutions such as brand marketing, influencer matching, and live commerce, enabling brands to collect real-time consumer feedback and engage directly with customers. Vibey also assists brands with market testing and crowdfunding for product validation, catering to a diverse clientele, including South Korean micro-brands and international firms aiming to expand in Southeast Asia.In the most recent fiscal year of 2022, Vibey Inc. reported revenue of 331051.3 KRW. The company generates income through strategic partnerships, offering tailored marketing solutions and influencer collaborations to beauty brands, facilitating their engagement in Vietnam's growing market. This pricing strategy is adaptable, catering to both emerging micro-brands and well-established firms. Despite economic challenges, the company achieved 2.2 billion KRW in exports, showcasing its strong revenue stream.Vibey Inc. is poised for growth with plans to introduce new products and services targeting the evolving needs of the beauty market. The company is actively exploring expansion into additional Southeast Asian markets by the end of 2023. The funding raised in June 2022 will support these initiatives, enhancing the development of new features for Reviewty and facilitating market entry strategies for its clients.

## Funding rounds

- Seed, Oct 6, 2020 — The Invention Lab
- Seed, Aug 6, 2019, $0M — The Invention Lab

## Investors

- The Invention Lab (https://capitalatlas.ai/funds/the-invention-lab) — Seed