# Watcha

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

- Industry: Media
- Headquarters: Seoul, South Korea
- Website: www.watcha.com/
- Total disclosed funding: $51M
- Latest round: Series D (Dec 21, 2020)
- Investors on record: 21

## About

Founded in 2011 and based in Seoul, Korea, Watcha, Inc. operates as a provider of a mobile application that offers movie streaming and movie recommendation services. In August 2012, the company released the movie recommendation service Watcha. In May 2013 launched of the official version of Watcha and launched WatchaPlay in 2016. In October 2021, Watcha, Inc. raised?KRW 49 billion in?venture debt funding ?from Dunamu Inc., Enlight Ventures, Atinum Investment, Kakao Ventures, and LSS Private Equity, valuing the company at KRW 338 billion post-money.

The company's main business is the research and development of online video streaming software. The company's self-developed products WATCHA which provides free viewing service for movies, plays, performances, documentaries and animation resources.

## Funding rounds

- Series D, Dec 21, 2020, $33M — SBI Investment Korea, Shinhan Venture Investment, Atinum Investment, Kakao Ventures, Company K Partners, LS Securities, Quantum Ventures Korea, GAIA Venture Partners, Maple Investment Partners, LSS Private Equity
- Series C, Dec 22, 2017, $11M — AJU IB Investment, Shinhan Venture Investment, Seoul Private Equity, AG Investment, Hashed Ventures, Maple Investment Partners, LEO Partners Investment
- Series B, Dec 6, 2016, $4.7M — Korea Development Bank, Kingsley Capital Partners, LS Securities, KClavis Investment
- Series A, Oct 23, 2013, $2.3M — Capstone Partners, Samho Green Investment, JB Investment
- Seed, May 30, 2012, $0.7M — Kakao Ventures

## Investors

- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Seed, Series D
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A
- Samho Green Investment (https://capitalatlas.ai/funds/samho-green-investment) — Series A
- JB Investment (https://capitalatlas.ai/funds/jb-investment) — Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Kingsley Capital Partners (https://capitalatlas.ai/funds/kingsley-capital-partners) — Series B
- LS Securities — Series B, Series D
- KClavis Investment (https://capitalatlas.ai/funds/kclavis-investment) — Series B
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series C
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series C, Series D
- Seoul Private Equity (https://capitalatlas.ai/funds/seoul-private-equity) — Series C
- AG Investment (https://capitalatlas.ai/funds/ag-investment) — Series C
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series C
- Maple Investment Partners (https://capitalatlas.ai/funds/maple-investment-partners) — Series C, Series D
- LEO Partners Investment (https://capitalatlas.ai/funds/leo-partners-investment) — Series C
- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series D
- Atinum Investment (https://capitalatlas.ai/funds/atinum-investment) — Series D
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series D
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series D
- GAIA Venture Partners (https://capitalatlas.ai/funds/gaia-venture-partners) — Series D
- LSS Private Equity (https://capitalatlas.ai/funds/lss-private-equity) — Series D