# Wavebridge

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

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: http://www.wavebridgelabs.com
- Total disclosed funding: $14M
- Latest round: Series B (Dec 21, 2022)
- Investors on record: 8

## About

Based in Seoul, South Korea and founded in 2018, Wavebridge is a fintech company that provides IT solutions for financial institutions and professional investors based on quantitative technology that analyzes financial markets and develops investment and risk models based on mathematics and statistics. Wavebridge uses ultra-fast data processing infrastructure and quant algorithms to digitally optimize the financial system. After two years of founding, it supplied solutions to domestic and foreign financial companies such as Shinhan Bank and SS&C, and turned into a profit last year. The company have turned to profit last year, and have successfully attracted Series A investment in June 2021.

The company provides a Korean standard virtual asset index (WBS Index) based on its unique data processing technology and quantitative algorithm, and develops a risk management solution (AnalyticSolvr) and a platform for efficient investment (Alphred).

## Funding rounds

- Series B, Dec 21, 2022, $7.8M — AJU IB Investment, KB Investment, JB Investment, KB Financial Group Inc., NH Venture Investment, Leading Ace Capital
- Series A, Jul 1, 2021, $6.2M — AJU IB Investment, Union Investment Partners, Hashed Ventures

## Investors

- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series A, Series B
- Union Investment Partners (https://capitalatlas.ai/funds/union-investment-partners) — Series A
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series A
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series B
- JB Investment (https://capitalatlas.ai/funds/jb-investment) — Series B
- KB Financial Group Inc. — Series B
- NH Venture Investment (https://capitalatlas.ai/funds/nh-venture-investment) — Series B
- Leading Ace Capital — Series B