# WE ARE THE

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

- Industry: Consumer Products
- Headquarters: Seoul, South Korea
- Website: www.osle.co.kr
- Total disclosed funding: $0.5M
- Latest round: Seed (Feb 1, 2022)
- Investors on record: 4

## About

Based in South Korea, WE ARE THE specializes in apparel manufacturing, seamlessly integrating design and production processes to serve the dynamic fashion industry.Founded in 2019 in Seoul, South Korea, WE ARE THE acts as a global platform that connects designers with manufacturers for apparel production. The company has raised KRW 500 million in Seed funding on February 1, 2022, from Korea Tech Incubator for Startup and New Paradigm Investment, which will assist in launching its business model. Hyung-il Cho serves as both the founder and CEO.Osle (OSLE) operates as a global platform for apparel manufacturing, focusing on the seamless integration of design, production, and the dynamics of the fashion industry. The company's core offerings center on connecting global designers with factories, bridging the gap between innovative ideas and tangible production capabilities. This platform is tailored for fashion brands looking to enhance their production processes while ensuring quality and sustainability. Osle serves a diverse clientele, including established fashion houses, emerging designers, and retailers across multiple geographical markets, such as North America, Europe, and Asia. The end users of Osle’s services are primarily fashion brands seeking to streamline their supply chains and enhance their product offerings in an increasingly competitive market.Osle generates revenue through a structured model involving partnerships with fashion brands and manufacturers, creating a direct business-to-business (B2B) framework. Transactions typically occur as brands engage Osle for comprehensive apparel production services, which may include design assistance, materials sourcing, and manufacturing logistics. Clients enter agreements to utilize Osle's platform for their production needs, often involving long-term contracts that secure pricing based on volume and service levels. The company may also implement subscription-based services for ongoing support and access to new features or production methods. Specific pricing plans and flagship services detailed on the company’s platform underscore their commitment to providing tailored solutions that meet the unique demands of their clients.In February 2022, WE ARE THE raised KRW 500 million in Seed funding, which will help launch its business model and build a platform that connects supply and demand in apparel production. The company plans to expand further into North America and Europe by the end of 2023, with new services aimed at enhancing its offerings to fashion brands. The investment from the recent funding round will support these initiatives, enabling the development of additional product lines and improving the technology that underpins their platform.

## Funding rounds

- Seed, Feb 1, 2022, $0.4M — Korea Tech Incubator for Startup, New Paradigm Investment
- Seed, Aug 1, 2019, $0.1M — Korea Technology Finance Corporation, Ulsan Creative Economy Innovation Center

## Investors

- Korea Technology Finance Corporation — Seed
- Ulsan Creative Economy Innovation Center (https://capitalatlas.ai/funds/ulsan-creative-economy-innovation-center) — Seed
- Korea Tech Incubator for Startup — Seed
- New Paradigm Investment (https://capitalatlas.ai/funds/new-paradigm-investment) — Seed