Zeroder, selected as 'Tips' by the Ministry of SMEs and Startups

Zeroder (CEO Ye-Jun Shim), a startup specializing in AI-based hospital purchasing systems, has been selected for the Ministry of SMEs and Startups' technology startup support program, TIPS (Tech Incubator Program for Startups), and will receive up to 700 million won in funding over the next two years.

Zeroder was selected for TIPS upon recommendation by startup accelerator The Ventures, and secured up to 500 million won in research and development funds, 100 million won in commercialization funds, and 100 million won in overseas marketing support.

In August 2023, immediately after the incorporation, the company moved into the Seoul Biohub Industrial Support Building and laid the foundation for growth based on investor matching programs and expert advice. In January 2024, the company attracted seed investment from The Ventures, acknowledging its early growth potential.

Unlike the SI (system integration)-based purchasing system that large hospitals spend a lot of money on, Zeroder provides hospitals with a platform that automates the entire purchasing process with AI free of charge. Through its main functions, ‘AI-based insurance announcement price automation’ and ‘closing automation,’ hospitals can greatly increase purchasing efficiency by simplifying complex code management and ordering work.

Shim Ye-jun, CEO of Zeroder, said, “With this TIPS selection as an opportunity, we will support hospitals to make logistics purchases more conveniently and economically,” adding, “Our goal is to enable all first, second, and tertiary hospitals to make reasonable purchases through the Zeroder platform, and ultimately contribute to creating a purchasing ecosystem for patients.”