Wello
Latest round
- Seed
Last raised
- Apr 2022
Total raised
- Undisclosed
Investors
- 2
About Wello
Founded in 2021 in Seoul, South Korea, Wello Inc. specializes in policy recommendation services. The company has undertaken a strategic pivot to focus on leveraging AI and natural language processing for improved user experience.Wello Inc. offers a comprehensive policy recommendation service designed to assist individuals and families in identifying government policies that meet their specific needs. Utilizing advanced artificial intelligence and natural language processing technologies, Wello connects users with relevant policies in a manner that simplifies the search process. The platform addresses common challenges faced by citizens, such as the complexities of applying for benefits or the lack of awareness regarding available governmental support. The service is available to all South Korean citizens at no cost, ensuring wide accessibility. Wello's offerings extend beyond individual users, catering to businesses through its WelloBiz service, which provides policy intelligence for startups and larger enterprises aiming for growth and sustainability.Wello generates revenue through its flagship services, which include personalized policy recommendations and business intelligence solutions for companies. The company’s transactional model is primarily B2C for its individual policy recommendation service, while its WelloBiz offering operates on a B2B basis, providing tailored insights to corporations seeking government support. Clients engage with Wello's services through a subscription or partnership model, allowing them access to continuous updates and personalized policy information.In July 2023, Wello Inc. Future growth strategies include the development of new product offerings aimed at enhancing user experience and expanding its market presence beyond South Korea to other regions in Asia by 2024.
Who invested in Wello
2 investors across 2 rounds
See all investors in Wello
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Wello
Who invested in Wello?
Wello has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wello raised?
Wello has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Wello last raise money?
Wello's most recent round on record is a Seed, in Apr 2022.
What does Wello do?
Founded in 2021 in Seoul, South Korea, Wello Inc.
Where is Wello headquartered?
Wello is headquartered in Seoul, South Korea.
Which VCs invest in companies like Wello?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Wello's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like Wello? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.