About NRISE
NRISE is a company based in Seoul (South Korea) founded in 2011 by Bongki Kim.. NRISE has raised $9.63 million across 1 funding round. NRISE operates in a competitive market with competitors including Cult.fit, EGYM, CoachUp, Flexifyme and Fabriq, among others.
- Headquarter Seoul, South Korea
- Founders Bongki Kim
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Sectors
HealthcareMedia & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.63 M (USD)
in 1 rounds
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Latest Funding Round
$9.63 M (USD), Series B
Dec 05, 2022
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Investors
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Employee Count
Employee Count
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Funding Insights of NRISE
NRISE has successfully raised a total of $9.63M through 1 strategic funding round. The most recent funding activity was a Series B round of $9.63 million completed in December 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 1
- Last Round Series B — $9.6M
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First Round
First Round
(05 Dec 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series B - NRISE | Valuation |
investors |
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| 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 |
Investments & Acquisitions by NRISE
| 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 - NRISE
| 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 |
Nrise Comparisons
Competitors of NRISE
NRISE 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 Cult.fit, EGYM, CoachUp, Flexifyme and Fabriq, 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 |
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| domain | founded_year | HQ Location |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
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| domain | founded_year | HQ Location |
Provider of smart exercising equipment and mobile-based app for trainers and individuals
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| domain | founded_year | HQ Location |
Online marketplace connecting athletes with private sports coaches is provided.
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| domain | founded_year | HQ Location |
Provider of a digital healthcare platform offering AI-powered physiotherapy and yoga programs
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| domain | founded_year | HQ Location |
API and SDK supplied for personal safety app development.
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| domain | founded_year | HQ Location |
Personalized wellness services for yoga, meditation, and nutrition are offered.
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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 NRISE
When was NRISE founded?
NRISE was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is NRISE located?
NRISE is headquartered in Seoul, South Korea.
Who is the current CEO of NRISE?
Bongki Kim is the current CEO of NRISE. They have also founded this company.
Is NRISE a funded company?
NRISE is a funded company, having raised a total of $9.63M across 1 funding round to date. The company's 1st funding round was a Series B of $9.63M, raised on Dec 05, 2022.
What does NRISE do?
NRISE was founded in 2011 in Seoul, South Korea, as a developer in the social networking sector. Software applications for social platforms are created to enable connections among users. Content sharing with friends and like-minded individuals is facilitated through these apps. Operations are centered on providing tools for online interactions within the digital communication industry.