Pristones Launches Wikipedia-style Platform for Korean Startups


Pristones recently launched “RocketPunch“, a database service for Korean startups. ICT-based Korean startups are growing at a rapid rate, but until now there has been no platform with comprehensive information available in one place.

For startups put in the limelight through media, investment or partnerships with other companies, growth is often fast, but for those unable to achieve this it can be been a long, hard road. Finding easily accessible information has been difficult and this is one of the reasons that lesser known startups in Korea may find it hard to gain attention. RocketPunch wants to fix this by acting as a “Startup Wikipedia” database for the Korean market.

RocketPunch’s startup database is not just information on companies, but is combined with its startup recruiting platform ‘GetROCKET’. Korean startups are able to upload both information about their company as well as job positions for free. Uploaded information is checked by a curator and then posted within 24 hours. The database has been systemized and APIs are planned to be offered to those who need it.

Pristones says it made the service because it was “desperately needed”. While developing and launching one of its new services, it needed a place to systematically store information and decided to create a ‘Wikipedia for Startups’. The company’s CEO Minhee Cho commented on the launch of the service saying, “What we needed more than anything was a database. Startups are busy developing their products and really needed a service that could help them.”

Startup media outlets VentureSquare, Platum and BeSuccess are all partnering with the RocketPunch platform. Platum CEO Sangrae Jo said, “There was no obvious place to find information about startups. RocketPunch, a joint project between Pristones and three startup media sites will play a part in spreading the word about startups.”

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