About Morai
Morai is a company founded in 2018 by Jiwon Jung, Sugwan Lee, and Jun Hong. Morai has raised $22.6 million across 2 funding rounds from investors including Korean Development Bank, Korea Investment Holdings and Atinum Investment. Morai offers products and services including Digital Twin Simulation Platform, Sensor Models, and Scenario Generation. Morai operates in a competitive market with competitors including Applied Intuition, Foretellix, Cognata, IVEX and Trace Machina, among others.
- Total Equity Funding$22.6M (USD)
in 2 rounds
- Latest Funding Round$20.8M (USD), Series B
Feb 2022
- InvestorsKorean Development Bank
& 7 more
Products & Services of Morai
Morai offers a comprehensive portfolio of products and services, including Digital Twin Simulation Platform, Sensor Models, and Scenario Generation.
Platform for testing autonomous systems in realistic virtual environments.
Simulates cameras, LiDar, and GPS for autonomous system verification.
Creates diverse scenarios from real-world data for system validation.
Apps and channels of Morai
its YouTube channel MORAI has 449 subscribers and 30 videos.
Videos from Morai
The most watched videos on Morai's YouTube channel, MORAI (449 subscribers). Click a video to play it here.
More on MORAI.
Funding Insights of Morai
Morai has successfully raised a total of $22.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20.8 million completed in February 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 $22.6M
- Total Rounds 2
- Last Round Series B — $20.8M
- First Round $1.8M
(Nov 2020)
- Investors Count 8
All 2 funding rounds of Morai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $20.8M | Series B | – | Korea Investment Holdings | |
| Nov 2020 | $1.8M | Series A | – | Kakao Ventures, Korea Credit Guarantee Fund |
8 investors in total: 8 institutional.
Investors in Morai
Morai has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Korean Development Bank, Korea Investment Holdings and Atinum Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in early-stage tech startups | 1990 | kbic.co.kr | Seoul, South Korea | |
Investment holding firm established in Seoul in 2003. | 2003 | koreainvestment.com | Seoul, South Korea | |
Tech startups are accelerated via focused incubation programs. | – | d2startup.com | Seoul, South Korea | |
Venture capital investments are directed toward IT startups. | – | kakao.vc | Seongnam-si, South Korea | |
VC firm investing in geographies such as South Korea | 1988 | atinuminvest.co.kr | Seoul, South Korea | |
Develops innovative automotive technologies and proprietary solutions for various sectors. | 2000 | hyundaimotorgroup.com | Seoul, South Korea | |
Development financing and commercial banking are provided in South Korea. | 1954 | kdb.co.kr | Seoul, South Korea | |
Operates as a sector-agnostic accelerator for startups. | 1976 | kodit.co.kr | Daegu, South Korea |
Investor details for Morai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Morai
12 people are tracked at Morai (6 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Jiwon Jung | Co-Founder & CEO | Leadership |
Sugwan Lee | Co-Founder | Leadership |
Jun Hong | Co-Founder | Leadership |
Hyeongseok Jeon | CTO | Leadership |
Natalie Weiß | Head Of Marketing & PR EMEA | Leadership |
Sungyeon Park | Technical Director | Leadership |
Gihyun Seo | Product Group Manager | Team |
Hyunjin Park | Senior Engineer | Team |
Hyeon Su Park | 연구원 | Team |
Hojun Lim | Research Engineer | Team |
수정 한 | Software Engineer | Team |
Heecheol Yoo | Software Engineer | Team |
Complete people profiles for Morai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Morai
3 dated milestones of Morai across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Morai is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series B, of $20.8M.
Competitors of Morai
Morai 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 Applied Intuition, Foretellix, Cognata, IVEX and Trace Machina, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| appliedintuition.com | 2017 | Mountain View, United States | $1.2B | 37 | Simulation software for autonomous vehicles is developed. | |
| foretellix.com | 2018 | Tel Aviv, Israel | $132.5M | – | Tech-enabled simulation platform for autonomous vehicles is provided. | |
| cognata.com | 2016 | Rehovot, Israel | $23.5M | – | Deep learning algorithms are utilized for autonomous driving simulations. | |
| ivex.ai | 2017 | Leuven, Belgium | $1.3M | 11 | AI-based simulation and validation systems for autonomous vehicles are provided. | |
| tracemachina.com | 2023 | Palo Alto, United States | $4.7M | – | Simulation infrastructure is provided for safety-critical physical world AI development. | |
| metamoto.com | 2016 | Redwood, United States | $2M | – | Multi-sensor simulation solutions for autonomous vehicle systems are provided. | |
| latentlogic.com | 2017 | Oxford, United Kingdom | – | 14 | Human behavior models are simulated via AI for autonomous vehicles. | |
| righthook.io | 2016 | San Francisco, United States | $2.41M | – | Cloud-based platform is developed for testing robots and autonomous vehicles. |
Detailed competitors of Morai
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Morai
The website of Morai (morai.ai) receives about 6.9K visits a month and ranks #2,300,094 among all websites worldwide, #4,087 in Makes and Models.
- Monthly visits6.9K
▼ 27.3% vs previous month
- Unique visitors4K
per month
- Global rank#2,300,094
among all websites
- Category rank#4,087
Vehicles · Makes and Models
- Bounce rate33%
- Pages per visit1.8
- Average visit28 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Morai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rfpro.com | 100% | 18.6K | #1,536,508 | View details | |
| opal-rt.com | 34% | 70.1K | #522,520 | View details |
Latest news on Morai
Complete news archive for Morai
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Morai
10 companies that operate in the same segment as Morai (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 1,800 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 1,460 |
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Frequently Asked Questions about Morai
Morai was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Jiwon Jung is the current CEO of Morai. They have also founded this company.
Morai is a funded company, having raised a total of $22.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.8M, raised on Nov 2020.
Morai was founded in 2018 and specializes in AI-driven simulation solutions for autonomous vehicles. High-fidelity environments, sensor models, and vehicle dynamics are developed to support virtual testing. Real-world road scenarios are recreated using proprietary engines or imported data logs from operational vehicles. Services extend to sectors including automotive, trucking, defense, aerial, and agriculture, enhancing safety and efficiency through scalable simulations.
Morai's top competitors include Applied Intuition, Foretellix and Cognata.
Morai offers Digital Twin Simulation Platform, Sensor Models, and Scenario Generation.
Morai has 8 investors. Key investors include Korean Development Bank, Korea Investment Holdings, Atinum Investment, KB Investment, and NAVER D2 Startup Factory.
Morai operates through Morai Co., Ltd..