# Welly

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

- Industry: Travel & Leisure
- Headquarters: Seoul, South Korea
- Website: www.welly.rest
- Total disclosed funding: $0.1M
- Latest round: Seed (Oct 31, 2021)
- Investors on record: 1

## About

Welly, based in Seoul, South Korea, develops wellness-focused travel and online yoga services aimed at enhancing physical and mental well-being through diverse programs and retreats.Welly specializes in wellness services, providing yoga classes and retreats for travelers. Founded in 2019 in Seoul, South Korea by Urvi Raghbeer, the company has successfully raised a total of KRW 135.000 mn through its SEED funding round on May 16, 2022, with notable investors including The Invention Lab. The company has completed two deals to date, focusing on wellness solutions.Welly specializes in wellness-focused travel and online yoga services. The core offerings include wellness retreats for international travelers, yoga classes conducted through live streaming, and various wellness programs designed to enhance physical and mental well-being. These services address common challenges faced by individuals seeking holistic health solutions, such as stress management, physical fitness, and community engagement. Welly's client base encompasses leisure travelers and wellness enthusiasts primarily from South Korea and other international markets, expanding their reach to clientele seeking both virtual and in-person wellness experiences. The services cater to diverse demographics, including busy professionals, parents, and fitness beginners, promoting healthy lifestyles and positive routines.Welly generates revenue primarily through direct-to-consumer transactions, achieving a revenue of KRW 145,216.6 in 2021. The company offers subscription-based yoga classes and wellness programs, allowing customers to select individual classes or purchase packages. This flexibility appeals to a broad audience interested in both casual participation and dedicated practice. Welly’s flagship offerings include live-streamed yoga sessions and wellness trips that encourage community participation and interactive learning experiences, fostering a vibrant community of subscribers.Welly plans to utilize the funding raised in May 2022 for several growth initiatives. The company aims to strengthen the quality of its programs, diversify its curriculum, and expand its online and offline services. Welly is also targeting the expansion of its offerings into new markets, specifically focusing on international regions to capture a broader audience. These steps are expected to enhance customer engagement and solidify Welly’s presence in the wellness sector.

## Funding rounds

- Seed, Oct 31, 2021, $0.1M — The Invention Lab

## Investors

- The Invention Lab (https://capitalatlas.ai/funds/the-invention-lab) — Seed