About Dareesoft
Dareesoft is a company based in Seongnam-si (South Korea) founded in 2020 by Betty Row.. Dareesoft has raised $4.12 million across 2 funding rounds from investors including SBI Investment, DA Value Investment and Evergreen Investment Partners. Dareesoft offers products and services including RiaaS, Road Monitoring Dashboard, and RiaaS API Suite. Dareesoft operates in a competitive market with competitors including vialytics, Advanced Mobility Analytics, DeepWalk, RoadBotics and Reflective Measurement Systems, among others.
- Headquarter Seongnam-si, South Korea
- Founders Betty Row
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Dareesoft North America Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.12 M (USD)
in 2 rounds
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Latest Funding Round
$4.12 M (USD), Series A
Nov 28, 2022
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Investors
SBI Investment
& 4 more
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Employee Count
Employee Count
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Products & Services of Dareesoft
Dareesoft offers a comprehensive portfolio of products and services, including RiaaS, Road Monitoring Dashboard, and RiaaS API Suite. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI service for automatic road hazard detection and real-time data transmission.
Platform for mapping and analyzing detected road hazards remotely.
API for incorporating road hazard data into existing systems.
Funding Insights of Dareesoft
Dareesoft has successfully raised a total of $4.12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.12 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.1M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Series A - Dareesoft | Valuation | SBI Investment , DA Value Investment | |
| Jun, 2021 | Amount | Seed - Dareesoft | Valuation | Korea Science and Technology Holdings |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dareesoft
Dareesoft has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include SBI Investment, DA Value Investment and Evergreen Investment Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funds are managed to support unlisted companies' growth.
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Investments in multiple sectors are handled by DA Value Investment.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dareesoft
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dareesoft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dareesoft Comparisons
Competitors of Dareesoft
Dareesoft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as vialytics, Advanced Mobility Analytics, DeepWalk, RoadBotics and Reflective Measurement Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart imaging solutions are provided for monitoring road conditions.
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| domain | founded_year | HQ Location |
Provider of AI and computer vision-based solutions for road transport
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| domain | founded_year | HQ Location |
LiDAR-based scanning software to automate the inspection of sidewalk systems
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| domain | founded_year | HQ Location |
AI-enabled road conditions are monitored via cloud-based platform for governments.
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| domain | founded_year | HQ Location |
Retroreflectometers are manufactured for measuring reflective pavement markings.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dareesoft
Frequently Asked Questions about Dareesoft
When was Dareesoft founded?
Dareesoft was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Dareesoft located?
Dareesoft is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Who is the current CEO of Dareesoft?
Betty Row is the current CEO of Dareesoft. They have also founded this company.
Is Dareesoft a funded company?
Dareesoft is a funded company, having raised a total of $4.12M across 2 funding rounds to date.
What does Dareesoft do?
Dareesoft was founded in 2020 in Seongnam-si, South Korea, and operates in the AI sector focused on road safety and autonomous driving. Services include road hazard detection through automated analysis, real-time platforms for hazard information, high-definition map points of interest, telematics integration, and accident management tools. Road hazard images and data are digitized to support safer navigation and vehicle operations.
Who are the top competitors of Dareesoft?
Dareesoft's top competitors include vialytics, Advanced Mobility Analytics and DeepWalk.
What products or services does Dareesoft offer?
Dareesoft offers RiaaS, Road Monitoring Dashboard, and RiaaS API Suite.
Who are Dareesoft's investors?
Dareesoft has 5 investors. Key investors include SBI Investment, DA Value Investment, Evergreen Investment Partners, E&Venture Partners, and Korea Science and Technology Holdings.
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