About GLORANG
GLORANG is a company based in Seoul (South Korea) founded in 2016 by Tae H.. GLORANG has raised $16.52 million across 3 funding rounds from investors including Industrial Bank of Korea, Korean Development Bank and Korea Investment Holdings. GLORANG offers products and services including Gguge, SchoolOn, Rayul Preprep, Guidance Korea, and Gguge Teachers. GLORANG operates in a competitive market with competitors including Outschool, BrightChamps, LingoAce, Wiingy and Bambinos, among others.
- Headquarter Seoul, South Korea
- Founders Tae H
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ggorang 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
$16.52 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Industrial Bank of Korea
& 8 more
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Employee Count
Employee Count
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Products & Services of GLORANG
GLORANG offers a comprehensive portfolio of products and services, including Gguge, SchoolOn, Rayul Preprep, Guidance Korea, and Gguge Teachers. 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.
Online service for live Zoom classes and subjects.
Tool for psychological evaluations of students.
Center for early childhood learning with native teachers.
Provider of educational and psychological assessments.
Platform selling educational products and supplies.
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Funding Insights of GLORANG
GLORANG has successfully raised a total of $16.52M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(29 Apr 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - GLORANG | Valuation | DG Daiwa Ventures |
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| Apr, 2024 | Amount | Series A - GLORANG | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - GLORANG | Valuation | Murex Partners , Korea Investment Holdings |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 GLORANG
GLORANG has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Industrial Bank of Korea, Korean Development Bank and Korea Investment Holdings. 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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Investments in blockchain, AI, and emerging technologies are managed.
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Founded Year | Domain | Location | |
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VC firm for seed to growth-stage firms
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Founded Year | Domain | Location | |
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A venture capital firm focused on AI and software innovation is operated.
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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 GLORANG
| 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 - GLORANG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Glorang Comparisons
Competitors of GLORANG
GLORANG 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 Outschool, BrightChamps, LingoAce, Wiingy and Bambinos, 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 |
Multi-disciplinary online classes are provided via an app-based platform.
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| domain | founded_year | HQ Location |
Provider of live online STEM and life skills courses for children
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| domain | founded_year | HQ Location |
App-based platform providing tutoring sessions for language learning
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| domain | founded_year | HQ Location |
Online and in-person tutoring services are offered via a marketplace.
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| domain | founded_year | HQ Location |
Online English communication courses for children are offered by Bambinos.
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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 Glorang
Frequently Asked Questions about GLORANG
When was GLORANG founded?
GLORANG was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is GLORANG located?
GLORANG is headquartered in Seoul, South Korea.
Who is the current CEO of GLORANG?
Tae H is the current CEO of GLORANG. They have also founded this company.
Is GLORANG a funded company?
GLORANG is a funded company, having raised a total of $16.52M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Apr 29, 2022.
What does GLORANG do?
Founded in 2016 in Seoul, South Korea, GLORANG operates in the edtech sector with an Android-based app focused on childrens learning. Puzzles, educational videos, and interactive games aligned with school curricula are provided to support tutoring. The platform targets young users by integrating curriculum-based content into accessible mobile experiences, serving families in the region.
Who are the top competitors of GLORANG?
GLORANG's top competitors include Outschool, LingoAce and BrightChamps.
What products or services does GLORANG offer?
GLORANG offers Gguge, SchoolOn, Rayul Preprep, Guidance Korea, and Gguge Teachers.
Who are GLORANG's investors?
GLORANG has 9 investors. Key investors include Industrial Bank of Korea, Korean Development Bank, Korea Investment Holdings, DSC Investment, and TBS Holdings.
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