Financial AI technology company Hyeum (CEO Ok Hyeong-seok) announced on the 8th that it had attracted 10.5 billion won in Series B investment.
In this investment, existing investors IBK Industrial Bank and Quad Ventures made follow-up investments, and Kiwoom Investment and others participated as new investors. With this, Hyeum’s cumulative investment amount reaches 21 billion won.
Founded in 2017, Hyeum started out as an AI technology research company that helps small business owners, self-employed individuals, and small and medium-sized enterprises, and has led the automation of the tax and finance sectors. Hyeum's representative services include 'Hyeum Report 2.0', which supports business tax processing, and 'The Naneun Tax', the first domestic business tax correction claim service.
With this investment, Hyeum plans to accelerate the advancement of its financial AI agent for small business owners. In addition, it plans to advance its services from existing convenience-oriented functions such as expert consultation and free issuance of tax invoices to management of accounts receivable and accounts payable, thereby enabling Hyeum’s AI agent to handle the tax and financial areas of business owners.
Kim Jeong-woo, CEO of Quad Ventures, which decided on a follow-up investment following the Series A, said, “As the era of AI agents has fully arrived, Hyeum has been consistently producing stable results in the tax and finance fields since its establishment with its own AI agent technology.” He added, “As its technological prowess has been recognized by numerous professional organizations, we highly evaluate its potential for growth as a leading AI technology company in the future.”
Ok Hyung-seok, CEO of Hyeum, said, “As the development of AI accelerates, the need for AI that replaces businesses is also increasing,” and added, “With this Series B funding, we will focus on enhancing our agentic AI technology that goes beyond execution to inference, and take the lead in AI technology leadership through more active investments.”
Meanwhile, Hyeum has proven the innovativeness of its AI agent technology and has been selected as a '2024 Super Gap Startup' by the Ministry of SMEs and Startups. In addition, it is securing the reliability of its AI technology by receiving an A+ grade in the Technology Business Evaluation of the Technology Guarantee Fund and a T3 grade in the Technology Credit Rating of the Korea Evaluation Data.
- See more related articles
You must be logged in to post a comment.