# Yanolja Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yanolja-co

- Industry: Travel & Leisure
- Headquarters: Seoul, South Korea
- Website: www.yanolja.com
- Total disclosed funding: $123M
- Latest round: Series C (May 9, 2018)
- Investors on record: 6

## About

Based in Seoul, South Korea, and founded in 2007 by Su-jin Lee and others, Yanolja Co., Ltd., operates as a travel platform that provides automation solutions in travel. Since its inception, the company has grown through several acquisitions, including the acquisitions of Korea Commodities Supply and LesiureQ in 2018, Interpark and Dable in 2021, and Go Global Travel in 2023. In July 2023, AIM Investment acquired a stake in Yanolja Co., Ltd. for KRW 28.3 billion.

The company provides cloud-based automation solutions to hotels, leisure facilities, and restaurants through its hospitality solutions business, Yanolja Cloud. Additionally, the firm offers a global travel platform called Yanolja app, a proprietary mobile application that provides a wide range of travel services including accommodations, shopping, leisure, and transportation. The firm was able to link the inventory held by the companies it invested in, resulting in increased customer traffic. Yanolja Co., Ltd’s other offerings include the Yanolja Coin reward system, Y FLUX, and Y FLUX Kiosk hotel automation solutions etc.

The company generates revenue through subscription fees to its platform, providing services such as travel, accommodation, and leisure through online applications. 

Yanolja Co., Ltd. is aiming for a public offering and will utilize its accumulated funds to accelerate its IPO process.

## Funding rounds

- Series C, May 9, 2018, $37M — SBI Investment, Hanwha Asset Management
- Series C, Nov 30, 2017, $18M — AJU IB Investment
- Series C, May 2, 2017, $53M — SkyLake Equity Partners
- Series B, Aug 29, 2016, $6.1M — SL Investment, Partners Investment
- Series A, Jul 20, 2015, $8.7M — Partners Investment

## Investors

- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A, Series B
- SL Investment (https://capitalatlas.ai/funds/sl-investment) — Series B
- SkyLake Equity Partners — Series C
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C
- Hanwha Asset Management (https://capitalatlas.ai/funds/hanwha-asset-management) — Series C