# WealthGuide

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

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.wealthguide.co.kr
- Total disclosed funding: $2.8M
- Latest round: Series A (Jan 7, 2021)
- Investors on record: 4

## About

WealthGuide, based in South Korea, focuses on innovative asset management and pension advisory services, aiming to democratize financial planning for a diverse clientele.Founded in 2019 and headquartered in Seoul, South Korea, WealthGuide specializes in mobile pension advisory solutions. The company raised KRW 3.1 billion in Series A funding on January 7, 2021, with investments from KB Investment, DAOL Private Equity, PNP Investment, and Seoul Technology Holdings. Currently valued at KRW 13 billion, WealthGuide has completed 1 notable investment deal to date.WealthGuide Co., Ltd. specializes in personalized asset management and pension advisory services targeted at a broad audience. Their flagship product, MyMuffler, is a mobile pension advisory platform designed to facilitate secure retirement planning by offering tailored advice and optimizing asset allocation using innovative algorithms. Collaborations with KB Securities enhance their service delivery, enabling a comprehensive approach to financial advisory, primarily directed at individuals and businesses in South Korea.WealthGuide generates revenue through its investment advisory services, including the MyMuffler mobile platform and partnerships with financial institutions. Their revenue model consists of B2B collaborations with firms like KB Securities and Lotte Card, which broaden their client reach. The company may charge subscription fees for MyMuffler users and service fees related to asset management, ensuring compliance with regulatory standards to maintain trust in their offerings.WealthGuide has plans for further product development, aiming to launch new features on the MyMuffler platform in the near future. The company is also exploring expansion into additional markets within Asia, although specific regions and timelines have not been disclosed. The KRW 3.1 billion raised during the Series A funding round will be utilized to enhance their product offerings and expand operational capabilities.

## Funding rounds

- Series A, Jan 7, 2021, $2.8M — KB Investment, Seoul Technology Holdings, PNP Investment, DAOL Private Equity

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- Seoul Technology Holdings (https://capitalatlas.ai/funds/seoul-technology-holdings) — Series A
- PNP Investment (https://capitalatlas.ai/funds/pnp-investment) — Series A
- DAOL Private Equity (https://capitalatlas.ai/funds/daol-private-equity) — Series A