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Korean AI Startup Wrtn Hits Over $722 Million Valuation in Major Funding Round

Andrew LeeAndrew Lee3w ago

Korean AI Startup Wrtn Hits Over $722 Million Valuation in Major Funding Round

South Korean AI company Wrtn Technologies just closed a Series C round that values it at more than one trillion won.

The round brought in roughly 100 billion won and pushed total funding to 230 billion won.

Why This Valuation Signals Strong AI Growth

New investors Coreline Ventures and Eugene Asset Management joined existing backers like Goodwater Capital.

Wrtn projects full year revenue will top 200 billion won this year after last year's 47.1 billion won.

Its North America focused platform OOC reached 10 billion won in monthly revenue just three months after May launch.

Wrtn also runs the Crack platform and is adding stricter rules for teenage users including time limits and parental controls.

How Wrtn Stands Out in the Global AI Race

The company plans to use new money for overseas expansion and better services worldwide.

Average users spend two hours daily on its platforms which matches time on popular streaming services.

This funding shows how interactive AI entertainment can scale fast beyond basic chat tools.

For everyday people it means more choices in fun story based apps that feel personal and engaging.

Looking ahead Wrtn aims to keep growing revenue while competing with bigger global AI names.

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Published On: 2026-08-26 @ 02:23:51 (3 weeks ago)

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