# WeaversBRAIN

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.weaversbrain.com/
- Total disclosed funding: $3.2M
- Latest round: Series C (Dec 28, 2023)
- Investors on record: 2

## About

Founded in 2008 and based in Seoul, South Korea, WeaversBRAIN formerly known as StudyMax, operates as an educational technology company. In December 2023, WeaversBRAIN raised KRW 2.5 billion in Series C funding from Company K Partners. The funding values the company at KRW 120.59 billion. As of 2024, the company is led by its representative, Jeong Seong-eun.

The company offers various products, including Speaking Max, an English language learning platform that provides video-based learning content featuring native speakers from English-speaking countries.

The company plans to use the funds raised in December 2023 to promote K-edu by further strengthening the technology of its native-speaking AI conversation services.

## Funding rounds

- Series C, Dec 28, 2023, $1.9M — Company K Partners
- Series A, May 4, 2012, $1.3M — Shinhan Venture Investment

## Investors

- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series A
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series C