# YPolaris

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

- Industry: Financial Services
- Headquarters: Busan, South Korea
- Website: www.ypolaris.com
- Latest round: Seed (Jan 17, 2021)
- Investors on record: 1

## About

YPolaris Corp., based in South Korea, is a technology company that specializes in Vision AI solutions, enhancing retail operations through advanced data analytics.Founded in 2021 and headquartered in Busan, South Korea, YPolaris Corp. offers Vision AI solutions that optimize retail operations. The company has executed 3 deals, with its latest funding round occurring on November 19, 2023, where it raised KRW 35,000 mn from investors Mason Capital and Zelkova Investment. The firm is led by CEO and Founder Seung-yeon Kim, who has a background in technology entrepreneurship.YPolaris develops Vision AI solutions designed to transform retail experiences by analyzing visual data from CCTV systems. This integrated technology helps retailers optimize operations by understanding customer behavior and product usage, thereby streamlining the shopping experience and enhancing customer satisfaction. Their solutions are primarily marketed to retail businesses in South Korea, with potential outreach to other regions.In the most recent year, 2023, YPolaris reported a revenue of KRW 338,903.6 mn with an EBITDA of KRW -34,829.6 mn. The company generates revenue primarily through subscription-based models for its Vision AI solutions, which require minimal additional hardware for installation.YPolaris plans to leverage its recent funding raised in November 2023 to design and launch new AI-driven products targeted at enhancing retail solutions. The company aims to expand its presence beyond South Korea into other Asian markets by the end of 2024. This funding will support product development and market entry strategies as YPolaris seeks to increase its footprint in the rapidly evolving retail technology sector.

## Funding rounds

- Seed, Jan 17, 2021 — Krypton

## Investors

- Krypton (https://capitalatlas.ai/funds/krypton) — Seed