About Skelter Labs
Skelter Labs is a Technology company based in Seoul (South Korea) founded in 2015 by Ted Cho, Jungyeol Lee, and Doug Ahn, and was acquired by Metanet in July 2024. Conversational AI platforms are developed for enterprise language processing. Skelter Labs has raised $23.55 million across 4 funding rounds from investors including BNK Financial Group, ATP and Metanet. Its chief executive, as recorded, is Ted Cho. Its website skelterlabs.com draws about 18 thousand monthly visits. Skelter Labs offers products and services including AI Agent, RAG-based Chatbot, LLM Model, No-code AI Chatbot Builder, and STT and TTS Models. Its focus areas include High Tech, Chatbots, Chatbot Development and Conversational AI Development.
Company details
Skelter Labs develops AI based language processing technologies for enterprises. Its offerings include a conversational AI engine that allows users to build AI chatbots and provides management tools for both sequential non-sequential conversation flows. Also provides speech recognition synthesis technology that can be used to recognize or synthesize voices from various speakers with features like emotion, tonality, context recognition visual processing. Additionally, it offers AI-based hyper-personalization technology and a defect detection engine. It has won the Korea Economy Leader Awards 2018 Innovation and Koreas Most Innovative Tech Company 2017.
- Headquarters Seoul, South Korea
- Founders Ted Cho, Jungyeol Lee, Doug Ahn
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website skelterlabs.com
- Social LinkedIn X
- Acquired by Metanet (Jul 2024)
- Legal Name Skelter Labs
- Annual Revenue$527.68 K (USD)-55as on Dec 31, 2022
- Net Profit-$9.25 M (USD)-47as on Dec 31, 2022
- EBITDA-$12.95 M (USD)-57as on Dec 31, 2022
- Total Equity Funding$23.55M (USD)
in 4 rounds
- Latest Funding Round$14.23M (USD), Series B
Aug 2020
- InvestorsBNK Financial Group
& 11 more
- Acquired byMetanet
(Jul 2024)
Products & Services of Skelter Labs
Skelter Labs offers a comprehensive portfolio of products and services, including AI Agent, RAG-based Chatbot, LLM Model, No-code AI Chatbot Builder, and STT and TTS Models.
Automates complex business tasks using AI models.
Develops chatbots that use enterprise data for accurate responses.
Customizes language models with private data for security.
Enables quick creation of chatbots without coding.
Provides speech recognition and synthesis for AI contact centers.
Funding Insights of Skelter Labs
Skelter Labs has successfully raised a total of $23.55M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14.23 million completed in August 2020. 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 $23.55M
- Total Rounds 4
- Last Round Series B — $14.23M
- Investors Count 11
All 4 funding rounds of Skelter Labs 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 |
|---|---|---|---|---|---|
| Aug 2020 | $14.23M | Series B | – | KBD Capital, Korea Investment Holdings | |
| Nov 2018 | Series A | – | Golden Gate Ventures | ||
| Feb 2018 | $9.32M | Series A | – | Kakao Ventures | |
| May 2017 | Seed | – | Kakao Brain, Kakao Ventures | – |
12 investors in total: 12 institutional.
Investors in Skelter Labs
Skelter Labs has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include BNK Financial Group, ATP and Metanet.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and life sciences focused VC & PE firm | stonebridge.co.kr | Seoul, South Korea | ||
Venture capital investments are directed toward IT startups. | kakao.vc | Seongnam-si, South Korea | ||
Venture capital firm investing in Southeast Asian startups | goldengate.vc | Singapore, Singapore | ||
Offers financial services including auto loans, corporate finance, and investments to customers. | 1972 | kdbc.co.kr | Seoul, South Korea | |
Korea Investment Holdings is engaged in financial and investment services. | koreaholdings.com | Seoul, South Korea | ||
Operates as a commercial bank providing deposits, loans, and payment services to customers. | 1989 | kdbbank.eu | Budapest, Hungary | |
Asset management and financial planning services are offered by BNK. | 2011 | bnkfg.com | Busan, South Korea | |
Pension fund services are provided to Danish workers and retirees. | 1964 | atp.dk | Hillerod, Denmark | |
Provides comprehensive AI and cloud-based research services for businesses. | 2017 | kakaobrain.com | Seongnam-si, South Korea | |
Provides comprehensive strategy consulting services to organizations. | 2016 | stonebridge-venturesinc.com | Omaha, United States |
Investor details for Skelter Labs
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- Complete investor list
- Round participation
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People of Skelter Labs
10 people are tracked at Skelter Labs (5 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Ted Cho | Co-Founder & CEO | Leadership |
Jungyeol Lee | Co-Founder | Leadership |
Doug Ahn | Co-Founder & COO | Leadership |
Doyon Kim | Chief Product Officer | Leadership |
Jonghoon Seo | Head of Engineering | Leadership |
Jake Albert | Software Engineer | Team |
Kee won lee | Business Development Manager | Team |
명화 이 | Manager | Team |
Juhee Go | Product Designer | Team |
Donguk Jung | Software Engineer | Team |
Complete people profiles for Skelter Labs
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- Full employee list
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Timeline of Skelter Labs
4 dated milestones of Skelter Labs across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Skelter Labs is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $14.2M.
- Exit Acquired by Metanet.
Web traffic of Skelter Labs
The website of Skelter Labs (skelterlabs.com) receives about 18.2K visits a month.
- Monthly visits18.2K
▲ 7.4% vs previous month
Websites whose visitors overlap most with Skelter Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
velog.io | velog.io | 100% | #26,732 | – | |
 flonelin.wordpress.com | flonelin.wordpress.com | 98% | – | ||
smilegate.ai | smilegate.ai | 97% | – | ||
dvn.ci | dvn.ci | 96% | #1,920,340 | – | |
| lgresearch.ai | 95% | #290,766 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Skelter Labs
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Frequently Asked Questions about Skelter Labs
Skelter Labs was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Skelter Labs is headquartered in Seoul, South Korea.
Ted Cho is the CEO of Skelter Labs, as recorded in our data. They have also founded this company.
Skelter Labs is a funded company, having raised a total of $23.55M across 4 funding rounds to date.
Annual revenue of Skelter Labs is $527.68K as on Dec 31, 2022.
Skelter Labs develops AI based language processing technologies for enterprises. Its offerings include a conversational AI engine that allows users to build AI chatbots and provides management tools for both sequential non-sequential conversation flows. Also provides speech recognition synthesis technology that can be used to recognize or synthesize voices from various speakers with features like emotion, tonality, context recognition visual processing. Additionally, it offers AI-based hyper-personalization technology and a defect detection engine. It has won the Korea Economy Leader Awards 2018 Innovation and Koreas Most Innovative Tech Company 2017.
Skelter Labs offers AI Agent, RAG-based Chatbot, LLM Model, No-code AI Chatbot Builder, and STT and TTS Models.
Skelter Labs has 12 investors. Key investors include BNK Financial Group, ATP, Metanet, KBD Capital, and Stonebridge Capital.
Skelter Labs operates through Skelter Labs.
Yes. Skelter Labs was acquired by Metanet in July 2024.