About Humelo
Humelo is a company based in Seoul (South Korea) founded in 2018 by Jeong Seok Won and Yongseok Kwon.. Humelo has raised $2.6 million across 1 funding round from investors including Kakao Investment and KT Investment. Humelo offers products and services including AI Voice Studio, Celebrity Copy, Character Copy, System Voice, and Voice Design. Humelo operates in a competitive market with competitors including iZotope, Steinberg, Lyrebird, Earplay and Krotos, among others.
- Headquarter Seoul, South Korea
- Founders Jeong Seok Won, Yongseok Kwon
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Sectors
Media & Entertainment
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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 Humelo 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
$2.6 M (USD)
in 1 rounds
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Latest Funding Round
$2.6 M (USD), Seed
Oct 19, 2021
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Investors
Kakao Investment
& 1 more
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Employee Count
Employee Count
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Products & Services of Humelo
Humelo offers a comprehensive portfolio of products and services, including AI Voice Studio, Celebrity Copy, Character Copy, System Voice, and Voice Design. 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.
Platform for creating custom AI voices for media and applications.
Service to replicate celebrity voices for entertainment uses.
Tool for copying character voices in games and content.
Provides stable system voices for business applications.
Designs tailored voices for products and media projects.
Funding Insights of Humelo
Humelo has successfully raised a total of $2.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.6 million completed in October 2021. 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 1
- Last Round Seed — $2.6M
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First Round
First Round
(19 Oct 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Humelo | Valuation | Kakao Investment |
| 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 Humelo
Humelo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Kakao Investment and KT Investment. 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 is directed toward software, fintech, and commerce sectors.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by KT 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 Humelo
| 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 - Humelo
| 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 |
Humelo Comparisons
Competitors of Humelo
Humelo 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 iZotope, Steinberg, Lyrebird, Earplay and Krotos, 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 |
Audio software and plug-ins are developed for recording and mixing.
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| domain | founded_year | HQ Location |
Music and audio software is developed, including license-management systems.
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| domain | founded_year | HQ Location |
Speech synthesis from audio clips is enabled for developers.
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| domain | founded_year | HQ Location |
Audio experiences are produced and published through a voice platform.
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| domain | founded_year | HQ Location |
Audio processing tools, plugins, and sound bundles are developed.
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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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Frequently Asked Questions about Humelo
When was Humelo founded?
Humelo was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Humelo located?
Humelo is headquartered in Seoul, South Korea.
Who is the current CEO of Humelo?
Lee Ja Ryong is the current CEO of Humelo.
Is Humelo a funded company?
Humelo is a funded company, having raised a total of $2.6M across 1 funding round to date. The company's 1st funding round was a Seed of $2.6M, raised on Oct 19, 2021.
What does Humelo do?
Humelo was founded in 2018 and is headquartered in Seoul, South Korea. Operations focus on the AI sector, where solutions for generating human-like voices are developed. The Prosody product is offered, enabling the creation of natural-sounding speech with options for various emotions. Adjustments to speech speed and pitch can be made by users through these tools.
Who are the top competitors of Humelo?
What products or services does Humelo offer?
Humelo offers AI Voice Studio, Celebrity Copy, Character Copy, System Voice, and Voice Design.
Who are Humelo's investors?
Humelo has 2 investors. Key investors include Kakao Investment, and KT Investment.