Wrtn Technologies Hits Unicorn Status: Korean AI Platform Secures $85 Million in Funding
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Funding Overview
Wrtn Technologies, Inc., the South Korean AI service platform developer, has successfully closed a Series C funding round, raising a total of 100 billion KRW (approximately $85 million USD). This latest capital injection brings the company's cumulative funding to roughly 230 billion KRW (approximately $195 million USD). Following this round, the company has officially reached unicorn status with a valuation exceeding 1 trillion KRW (approximately $850 million USD), becoming the first AI service startup in South Korea to achieve this milestone.
About Wrtn Technologies, Inc.
Founded in 2021 and based in Seoul, Wrtn Technologies offers a diverse suite of AI-driven products, including its flagship AI platform 'wrtn,' as well as the entertainment platforms 'OOC' and 'Crack.' Within just five years of its inception, the company has established itself as a leading player in the South Korean AI sector and is now aggressively expanding its footprint into global markets, including Japan.
Growth Trajectory and Future Outlook
This funding round is earmarked for accelerating global expansion and further refining the company’s service ecosystem. 'OOC,' which launched in North America in May 2026, has seen explosive growth, surpassing 10 billion KRW in monthly revenue just three months after its release. Consequently, the company projects its total annual revenue for 2026 to exceed 200 billion KRW, a significant jump from the previous year's 47.1 billion KRW. Moving forward, beyond mere commercial growth, Wrtn is committed to building a trusted service environment by establishing user advisory committees and implementing robust youth protection policies.
Investors
The funding round saw participation from new investors, including Coreline Ventures and Eugene Asset Management. Existing investors, such as Goodwater Capital, Antler Global, Woori Venture Partners, Sui Generis Partners, the Korea Development Bank (KDB), and Capstone Partners, also participated, signaling continued confidence in the company's long-term vision.