About LetinAR
LetinAR is a company based in Seoul (South Korea) founded in 2016. It operates as a Direct-to-Consumer (D2C). LetinAR has raised $3.6 million across 3 funding rounds from investors including DSC Investment, Korea Asset Investment Securities and KDDI Open Innovation Fund. LetinAR offers products and services including Letinus™ Lens Module, T-Glasses (Letinus™ EV-Kit), FrontiAR™ Lens Module, KeplAR (FrontiAR™ EV-Kit), and FrontiAR™ Pro Lens Module. LetinAR operates in a competitive market with competitors including Magic Leap, XREAL, Vuzix, DigiLens and RealWear, among others.
- Headquarter Seoul, South Korea
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Sectors
Technology
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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 Letinal Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.6 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
DSC Investment
& 5 more
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Employee Count
Employee Count
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Products & Services of LetinAR
LetinAR offers a comprehensive portfolio of products and services, including Letinus™ Lens Module, T-Glasses (Letinus™ EV-Kit), FrontiAR™ Lens Module, KeplAR (FrontiAR™ EV-Kit), and FrontiAR™ Pro Lens Module. 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.
Compact lens module designed for lightweight smart glasses.
Evaluation kit featuring Letinus™ module for smart glasses.
Wide-angle lens module for advanced smart glasses development.
Evaluation kit with FrontiAR™ module for industrial applications.
Enhanced lens module offering cleaner field of view.
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CTO Team
1 people
Sales and Marketing
1 people
Leadership Team
1 people
Product Management Team
1 people
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Funding Insights of LetinAR
LetinAR has successfully raised a total of $3.6M 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
(31 Oct 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Series A - LetinAR | Valuation | KDDI Open Innovation Fund |
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| Dec, 2020 | Amount | Series A - LetinAR | Valuation | Epson X Investment Corporation |
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| Oct, 2018 | Amount | Series A - LetinAR | Valuation | DSC Investment , Korea Asset Investment Securities |
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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 LetinAR
LetinAR has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include DSC Investment, Korea Asset Investment Securities and KDDI Open Innovation Fund. 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 tech seed and mid-stage ventures are targeted.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested primarily in South Korean startups.
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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 LetinAR
| 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 - LetinAR
| 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 |
Letinar Comparisons
Competitors of LetinAR
LetinAR 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 Magic Leap, XREAL, Vuzix, DigiLens and RealWear, 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 |
Head-mounted virtual retinal displays for augmented reality viewing are provided.
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| domain | founded_year | HQ Location |
Augmented-reality smart eyewear is offered by XREAL for device compatibility.
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| domain | founded_year | HQ Location |
Smart glasses are provided for remote support and teleconferencing.
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| domain | founded_year | HQ Location |
Designs optical waveguide technology for HUD, AR and biometric applications
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| domain | founded_year | HQ Location |
Provider of wearable heads-up display for industrial workers
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| domain | founded_year | HQ Location |
Hardware and software-based light field technology solutions 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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Latest news on Letinar
Frequently Asked Questions about LetinAR
When was LetinAR founded?
LetinAR was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is LetinAR located?
LetinAR is headquartered in Seoul, South Korea.
Who is the current CEO of LetinAR?
Jaehyeok Kim is the current CEO of LetinAR.
Is LetinAR a funded company?
LetinAR is a funded company, having raised a total of $3.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.6M, raised on Oct 31, 2018.
What does LetinAR do?
LetinAR is engaged in the development of advanced augmented reality (AR) optical systems. The company is known for its PinTILT technology, a hybrid structure combining waveguide and birdbath AR optics. Solutions provided by LetinAR include compact lens modules and evaluation kits for smart glasses, targeting both everyday and industrial applications. The company operates in the technology sector, specifically within AR optics, aiming to deliver lightweight, low-power, and versatile optical modules for various display compatibilities and market applications.
Who are the top competitors of LetinAR?
LetinAR's top competitors include RealWear, XREAL and Magic Leap.
What products or services does LetinAR offer?
LetinAR offers Letinus™ Lens Module, T-Glasses (Letinus™ EV-Kit), FrontiAR™ Lens Module, KeplAR (FrontiAR™ EV-Kit), and FrontiAR™ Pro Lens Module.
Who are LetinAR's investors?
LetinAR has 6 investors. Key investors include DSC Investment, Korea Asset Investment Securities, KDDI Open Innovation Fund, Epson X Investment Corporation, and Kakao Ventures.
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