# WE-AR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/we-ar

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: https://we-ar.kr/
- Total disclosed funding: $3.1M
- Latest round: Series A (Jun 15, 2022)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2020, WE-AR operates an augmented reality software development company that provides its clients with a variety of AR content, including AR filters for global short-form platforms such as Instagram, TikTok, and Snapchat. In June 2022, WE-AR raised KRW 4 billion in a Series A funding led by NAVER Z Corporation, with participation from Snowball Investment and Korea Investment Partners. As of June 2022, Kim Chan-Hee is the CEO of the company.

The company develops information communication processes for entertainment, cosmetics, IT/finance, art22, food, fashion/life, culture, and more through AR, Blockchain, and NFT (non-fungible token). WE-AR plans and produces the brand AR content that considers target consumers, brand identity, market, and marketing issues. In addition, the firm provides klayland, an NFT-based metaverse communication platform consisting of approximately 9,000 individual land NFTs where users can communicate using their NFTs as avatars through texting and voice calling, create and trade various items and create a new type of community.

WE-AR plans to use its proceeds from June 2022 funding to expand its services globally.

## Funding rounds

- Series A, Jun 15, 2022, $3.1M — Korea Investment Partners, Zepeto, Snowball Investment

## Investors

- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Zepeto — Series A
- Snowball Investment — Series A