About WRTN
WRTN is a company based in South Korea founded in 2021 by Dongjae Lee, Seyoung Lee, Sungwon Jae, and Youngjoon Yoo.. WRTN has raised $103.6 million across 4 funding rounds from investors including Coupang, Industrial Bank of Korea and Toss. WRTN operates in a competitive market with competitors including Otter.ai, AssemblyAI, AudioEye, YITU and iFLYTEK, among others.
- Headquarter South Korea
- Founders Dongjae Lee, Seyoung Lee, Sungwon Jae, Youngjoon Yoo
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$103.6 M (USD)
in 4 rounds
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Latest Funding Round
$73.5 M (USD), Series B
Mar 31, 2025
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Investors
Coupang
& 15 more
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Employee Count
Employee Count
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Funding Insights of WRTN
WRTN has successfully raised a total of $103.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $73.5 million completed in March 2025. 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 4
- Last Round Series B — $73.5M
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - WRTN | Valuation | Goodwater Capital | |
| Jun, 2024 | Amount | Series A - WRTN | Valuation | BRV Capital Management | |
| Jun, 2023 | Amount | Series A - WRTN | Valuation | Capstone Partners |
| 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 |
Investors in WRTN
WRTN has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Coupang, Industrial Bank of Korea and Toss. 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 consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward IT startups.
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Founded Year | Domain | Location | |
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A global growth investment platform targeting competitive industry leaders.
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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 WRTN
| 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 - WRTN
| 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 |
Wrtn Comparisons
Competitors of WRTN
WRTN 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 Otter.ai, AssemblyAI, AudioEye, YITU and iFLYTEK, 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 |
AI-based voice transcription for meetings is provided via cloud software.
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| domain | founded_year | HQ Location |
Provider of speech to text solutions
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| domain | founded_year | HQ Location |
Cloud-based accessibility tools are offered to businesses for digital compliance.
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| domain | founded_year | HQ Location |
AI-based decision intelligence platforms are provided for multiple sectors.
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| domain | founded_year | HQ Location |
AI-based speech and language interaction technologies are provided globally.
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| domain | founded_year | HQ Location |
AI platform for generating realistic voices in training, advertising, and video production.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Wrtn
Frequently Asked Questions about WRTN
When was WRTN founded?
WRTN was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is WRTN located?
WRTN is headquartered in South Korea.
Who is the current CEO of WRTN?
Seyoung Lee is the current CEO of WRTN. They have also founded this company.
Is WRTN a funded company?
WRTN is a funded company, having raised a total of $103.6M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11.8M, raised on Nov 01, 2022.
What does WRTN do?
WRTN was founded in 2021 in South Korea by co-founders including Seyoung Lee as CEO, Dongjae Lee as Chief Product Officer, Youngjoon Yoo as COO, and Sungwon Jae. Operations are centered on the domain wrtn.io, where AI and natural language processing technologies are employed to deliver writing assistant services. The company focuses on tools that support content creation and editing in the tech sector, serving users across various applications.
Who are WRTN's investors?
WRTN has 16 investors. Key investors include Coupang, Industrial Bank of Korea, Toss, KB Securities, and KEB Hana Bank.