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- Wrtn Technologies
Wrtn Technologies Revenue, Valuation, Funding & Investors
Wrtn Technologies is valued at $693M as of August 2026, a 5.0x multiple on its last reported $139M revenue.
Last Wrtn Technologies valuation
$693M
Series C · Aug 2026
Last Wrtn Technologies funding round
$69M
Series C · Aug 2026
Wrtn Technologies revenue
$139M
Series C · Aug 2026
Key investors in Wrtn Technologies
Capstone Partners
Z Venture Capital
Woori Venture Partners
Sui Generis Partners
Antler
Goodwater Capital
About Wrtn Technologies
Wrtn Technologies is a South Korea-based developer of AI-powered writing assistants leveraging natural language processing. Its platform enables collaborative human-AI content creation for marketing copy, articles, and reports, addressing productivity gaps in creative writing. Founded in 2022, Wrtn Technologies serves enterprises in Seoul and expands through API integrations for global e-commerce brands.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$139M (Aug 2026)
Valuation
$693M (Aug 2026)
Wrtn Technologies Valuation
Wrtn Technologies is currently valued at $693M, based on its Series C in August 2026.
The $69M round included Woori Venture Partners, Coreline Ventures, Goodwater Capital, Korea Development Bank, Eugene Asset Management and 3 other investors.
Wrtn Technologies valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2026 | Series C | $693M | 5.0x |
Wrtn Technologies Revenue
Wrtn Technologies' latest recorded revenue is $139M, as of its Series C in August 2026. At a $693M valuation, that implies a 5.0x revenue multiple.
Wrtn Technologies revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2026 | $139M | $693M | 5.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Wrtn Technologies Funding History
Wrtn Technologies has raised a total of $176M across 6 funding rounds.
Wrtn Technologies' first fundraising round was a $400K pre-seed round in April 2022. The most recent completed round was a $69M Series C in August 2026.
Wrtn Technologies funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Series C | Woori Venture Partners; Coreline Ventures; Goodwater Capital; Korea Development Bank; Eugene Asset Management; Capstone Partners; Sui Generis Partners; Antler | $69M | $693M | Wrtn Technologies raised about $72.2 million in a Series C round in August 2026, with a post-money valuation of about $870 million. New investors Coreline Ventures and Eugene Asset Management joined the round alongside existing backers including Goodwater Capital, Antler Global, Woori Venture Partners, Sui Generis Partners, Korea Development Bank, and Capstone Partners. The financing was positioned to support Wrtn’s global expansion and growth of its AI services platform, which has made it one of South Korea’s best-known consumer AI startups. The company said the round brought its cumulative fundraising to about 230 billion won, or about $166 million. Wrtn Technologies is a Seoul-based artificial intelligence services platform offering consumer-facing AI products and services. The company’s latest round marked a major valuation milestone in the Korean AI market, with the round described as the country’s first AI unicorn. |
| Mar 2025 | Series B | Goodwater Capital (lead); Woori Venture Partners; BRV Capital Management; Capstone Partners; Sui Generis Partners; Antler; Z Venture Capital | $74M | - | Wrtn Technologies, a South Korean AI startup founded in 2021, develops a free-to-use AI platform aggregating large-language models like ChatGPT-4, Stable Diffusion 3, and Claude 3, offering services such as AI search, productivity tools, 'My AI' features, and a forthcoming character chat service 'Crack'. The company completed its Series B funding round on approximately April 1, 2025, raising a total of 108 billion KRW ($73.5 million USD), which included an 83 billion KRW ($56 million) extension from Goodwater Capital as lead investor, alongside existing backers BRV Capital Management, Capstone Partners, Woori Venture Partners, Sui Generis Partners, Antler, and Z Venture Capital. This followed a 25 billion KRW pre-Series B in June 2024, pushing cumulative funding to around 130 billion KRW ($97 million), making Wrtn the first Korean B2C AI service platform (excluding LLM/semiconductor-focused firms) to exceed 100 billion KRW in total investments. The funding aims to enhance Wrtn's technology stack and support global expansion amid rising investor interest in AI post-ChatGPT. Goodwater Capital, known for investments in Coupang, Kakao, Toss, and Karrot Market, highlighted Wrtn's leadership in evolving AI services for diverse customer segments and its growth potential as a central platform. CEO Se-young Lee emphasized creating accessible everyday AI services for public use rather than lab-bound tech. Wrtn has attracted over 5 million users, mainly young Koreans, demonstrating strong demand for its chatbot aggregation and AI-driven offerings. The company plans major updates to its core platform and the launch of 'Crack' as a standalone web/app service in April 2025, positioning it to scale in the competitive AI service market. |
| Jun 2024 | Series B | BRV Capital Management (lead); Industrial Bank of Korea; LY Corporation; Capstone Partners; Z Venture Capital | $18M | - | Wrtn Technologies is a South Korean AI service platform founded in 2021 that aggregates multiple large language models including OpenAI's ChatGPT, Stable Diffusion, and Anthropic's Claude to provide conversational search, writing assistants, chatbot tools, and character creation services. The platform had approximately 3.7 million subscribers at the time of the June 2024 funding round and offers free services to most users while generating revenue through advertising and premium content. In June 2024, Wrtn raised 25 billion won ($18.3 million) in pre-Series B funding led by BRV Capital Management, with participation from Capstone Partners, Industrial Bank of Korea, and Z Venture Capital. This brought the company's cumulative funding to 44 billion won at that time. The company planned to use the capital to expand into Southeast Asia and the Middle East while developing its AI platform capabilities. By November 2024, several months after this round, Wrtn achieved monthly revenue of 1 billion Korean won, growing to 2 billion won by December 2024, though this represents revenue run rate rather than annualized metrics at the time of the June 2024 funding event. |
| Jun 2023 | Series A | Capstone Partners (lead); Woori Venture Partners; KB Securities; Korea Development Bank; Hana Securities; KEB Hana Bank; Z Venture Capital | $12M | - | Wrtn Technologies is a South Korea-based AI platform founded in 2021 by Lee Seyoung and five others. The platform aggregates multiple large-language models including OpenAI's ChatGPT-4, Stable Diffusion 3, and Anthropic's Claude 3 to assist users with AI applications in everyday life. By mid-2023, the service had garnered 3.7 million users across Korea and Japan. In June 2023, Wrtn Technologies completed a Series A funding round. The company subsequently raised additional capital, including an $18.3 million Series A-II round in June 2024 led by BRV Capital Management. By late 2024, Wrtn Technologies achieved significant traction, surpassing 5 million monthly active users approximately 1 year and 10 months after service launch—faster than comparable consumer platforms like Toss and Karrot Market. The company generated monthly revenue of 1 billion KRW in November 2024, growing to 2 billion KRW in December 2024, primarily through its character chat service. |
| Nov 2022 | Seed | Industrial Bank of Korea; Korea Credit Guarantee Fund; N Partners; Capstone Partners; Sui Generis Partners | $3M | - | - |
| Apr 2022 | Pre-seed | TIPS Program (lead) | $400K | - | - |
Who has invested in Wrtn Technologies?
18 investors have backed Wrtn Technologies across its funding rounds, including Capstone Partners, Z Venture Capital, Woori Venture Partners, Sui Generis Partners, Antler and Goodwater Capital.
Lead investors include Goodwater Capital, BRV Capital Management, Capstone Partners and TIPS Program.
Wrtn Technologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Nov 2022 | ||
| 3 | Participant | Jun 2023 | ||
| 3 | Participant | Nov 2022 | ||
| 3 | Participant | Jun 2023 | ||
| 2 | Participant | Nov 2022 | ||
| 2 | Lead | Jun 2024 | ||
| 2 | Lead | Mar 2025 | ||
| 2 | Participant | Jun 2023 | ||
| 2 | Participant | Mar 2025 | ||
| 1 | Participant | Nov 2022 | ||
| 1 | Participant | Jun 2023 | ||
| 1 | Participant | Nov 2022 | ||
| 1 | Participant | Aug 2026 | ||
This data is available for Pro users. Sign up to see all 18 Wrtn Technologies investors. Start Free Trial | ||||
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Start Free TrialWrtn Technologies Competitors
Wrtn Technologies competitors include listed companies like PKSHA Technology and ExaWizards, and private ones like Motion, 7AI, Exodigo and GumGum.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $10M | - | $550M | 55.0x | ||
| Private | - | - | $700M | - | ||
| Private | $25M | - | $700M | 28.0x | ||
| Private | $113M | - | $700M | 6.2x | ||
| Publicly listed | $140M | $47M | $627M | 2.4x | ||
| Publicly listed | $77M | $13M | $558M | 5.7x |
Wrtn Technologies Public Comps
Wrtn Technologies is still privately-owned, but its public comps include Reconova Technologies, PKSHA Technology, Foxit Software, ExaWizards, Cybozu, Beijing Hanyi Innovation, Beijing CTJ Info Tech, Rezolve AI, McMillan Shakespeare and Ropeok Technology Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $66M | ($8M) | 10.0x | - | (82.0x) | - | |||
| $140M | $47M | 4.1x | 2.4x | 12.2x | 10.7x | |||
| $159M | $13M | 3.4x | 3.0x | 39.8x | 19.8x | |||
| $77M | $13M | 6.6x | 5.7x | 39.3x | - | |||
| $241M | $84M | 3.4x | 3.1x | 9.8x | 9.2x | |||
| $28M | $5M | 15.6x | 13.9x | 89.9x | 50.9x | |||
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
This data is available for Pro users. Sign up to see all Wrtn Technologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Wrtn Technologies
| When was Wrtn Technologies founded? | Wrtn Technologies was founded in 2021. |
| Where is Wrtn Technologies headquartered? | Wrtn Technologies is headquartered in Seoul, South Korea. |
| Is Wrtn Technologies publicly listed? | No, Wrtn Technologies is a private, VC-backed company. |
| What is Wrtn Technologies' valuation? | Wrtn Technologies was last valued at $693M in its Series C in August 2026. |
| How much funding has Wrtn Technologies raised? | Wrtn Technologies has raised $176M across 6 funding rounds. |
| What was Wrtn Technologies' last funding round? | Wrtn Technologies' last funding round was a $69M Series C in August 2026. |
| Who are Wrtn Technologies' investors? | Wrtn Technologies' investors include Capstone Partners, Woori Venture Partners, Sui Generis Partners, Z Venture Capital, Industrial Bank of Korea, BRV Capital Management, Goodwater Capital, Korea Development Bank, Antler, Korea Credit Guarantee Fund and 8 others. |
| What is Wrtn Technologies' revenue? | Wrtn Technologies' latest recorded revenue is $139M (August 2026). |
| What is Wrtn Technologies' revenue multiple? | Wrtn Technologies' latest valuation implies a 5.0x revenue multiple ($693M valuation on $139M of revenue). |
| Which companies are comparable to Wrtn Technologies? | Companies comparable to Wrtn Technologies include Motion, 7AI, Exodigo, GumGum, PKSHA Technology and ExaWizards. |
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