All Funding Startup News in Korea (Korean Startup News)

Leanoncompany Secures Seed Funding for ‘Suppor-T’, Aiding Entrepreneurs

2024-02-21 2 min read


Leanoncompany Secures Seed Funding for ‘Suppor-T’, Aiding Entrepreneurs

Reading Time: 2 minutes

Leanoncompany, a Korean firm that offers ‘Suppor-T‘, a growth management solution for entrepreneurs, has successfully completed its seed funding round. This round was led by HEIM Venture Investment, with contributions from angel investors, including the Korea Credit Guarantee Fund (KODIT).

Suppor-T is a B2B SaaS company providing early-stage IT entrepreneurs with the necessary tools for growth through SaaS (Software as a Service) or partnerships. It addresses the primary challenges early-stage companies face: inefficiencies in money, product, and time management. Customers of Suppor-T enjoy the advantage of addressing a range of early-stage entrepreneurial challenges—from metric management and business consulting to product development and fundraising—all in one place. Unlike other platforms, Suppor-T differentiates itself by offering partnerships and products across the entire value chain, along with direct investment and fundraising support.

Since its launch, Suppor-T has demonstrated rapid growth with a solid business model and profitability, driven by subscription and partner company program sales. Following its CBT launch in May 2023, the company reported revenues of KRW 540 million in 2023, with an expectation to reach approximately KRW 2 billion in revenue this year. Currently, it is experiencing a sales growth trend more than double that of last September and has surpassed the monthly Break-Even Point (BEP).

With this round of investment, Leanoncompany aims to enhance its services using its technology and partnerships and to maximize sales through focused sales and marketing efforts.

Daesung Park, CEO of HEIM VENTURE INVESTMENT, remarked, “Investing in Leanoncompany, a firm we have continuously supported through coaching and consulting since its foundation, is profoundly meaningful.”

Youngjin Kim, CEO of Leanoncompany, stated, “Suppor-T aspires to become a universally used service for anyone looking to grow their business. With this investment and a focus on active R&D enhancement, we aim to evolve into the premier platform offering comprehensive support to startups.”

[Korean B2B SaaS Startup News]

스타트업 투자의 숨은 말 '다코스'
Leave a comment

댓글 남기기