The Yeolrim

Seoul, South Korea Founded: 2015 • Age: 11 yrs
Wearable smart hearing devices are provided for impairment management.
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About The Yeolrim

The Yeolrim is a company based in Seoul (South Korea) founded in 2015.. The Yeolrim operates in a competitive market with competitors including Olive Union, Kiversal, HearingAble and BONSWELL, among others.

  • Headquarter Seoul, South Korea
  • Sectors
    Healthcare
    Retail Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Retail → E-Commerce Platforms & Marketplaces
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of The Yeolrim

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2019 Amount Seed - The Yeolrim Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in The Yeolrim

The Yeolrim has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include New Paradigm 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by The Yeolrim

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - The Yeolrim

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

The Yeolrim Comparisons

Employees
+
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Competitors of The Yeolrim

The Yeolrim 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 Olive Union, Kiversal, HearingAble and BONSWELL, 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
Personal sound amplifying products are provided for hearing enhancement.
domain founded_year HQ Location
Cloud-based IoMT audiometers are developed by Kiversal for audiology.
domain founded_year HQ Location
Provides smart hearing aids and amplifiers for personal use.
domain founded_year HQ Location
A medical device designed to assist individuals with hearing disabilities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on The Yeolrim

Frequently Asked Questions about The Yeolrim

When was The Yeolrim founded?

The Yeolrim was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is The Yeolrim located?

The Yeolrim is headquartered in Seoul, South Korea.

Who is the current CEO of The Yeolrim?

Jung Gee Yoo is the current CEO of The Yeolrim.

What does The Yeolrim do?

The Yeolrim was founded in 2015 in Seoul, South Korea, and operates within the wearable healthcare technology sector. Smart hearing devices, including the Sori-In model, are offered to address hearing impairments through features such as streaming sound playback and automatic performance adjustments. Operations focus on device development and distribution for medical management needs in the region.

Who are the top competitors of The Yeolrim?

The Yeolrim's top competitors include Olive Union, Kiversal and HearingAble.

Who are The Yeolrim's investors?

The Yeolrim has 1 investor. Key investors include New Paradigm Investment.

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