Mark Fitz
South Korea is no stranger to the burgeoning Analytics industry, which is driving innovation and revolutionising businesses globally. From artificial intelligence to predictive analytics, these emerging startups, all established in 2020 and later, are making their mark in this developing landscape. They are harnessing powerful tools of analysis to provide insightful data, drive informed decision-making, and ultimately fuel the growth of businesses. This article showcases eight of such rising startups that are headquartered in South Korea.
An interesting aspect of this selection is the diversity of industry sectors they cater to. While some focus on broad analytics, others have a niche focus on health, E-commerce, or software. This mosaic of specialisations illustrates the depth and breadth of applicability of analytics. Despite their youth, these startups demonstrate strong potential in shaping the future of their respective industries.
One cannot help but admire the vision that drives these startups. Each of these companies are powered by a unique mission, whether it being making businesses more data-driven, increasing human wellness, or strengthening E-commerce platforms. Undeterred by the challenges that come with innovation, they continue to push boundaries and redefine the limits of what is possible with analytics.
Upstage AI
Founded by Hwalsuk Lee, Lucy Park, and Sung Kim, Upstage AI is spearheading advancements in artificial intelligence, machine learning, natural language processing, and predictive analytics. Their mission is to help companies focus on their core businesses by leveraging AI. They are headquartered in Yongin, Ch’ungch’ong-namdo, South Korea.
Seoul Analytica
Seoul Analytica, founded by Hwan Oh in Seoul, provides analytics solutions with a focus on data integration, data visualization, and databases.
Hackle
Hackle, based in Seoul, is a startup specializing in A/B testing, analytics, information technology, and software.
GrowthFit
GrowthFit, a startup in Seoul founded by Changyeol Song, offers E-commerce customer behavior data analytics solution.
Posture AI
Posture AI, founded by Esther Lee and William Choi in Seoul, is a data management & analytics platform that solves backpain with sensors embedded in posture correcting devices.
Passion Factory
Based in Seoul, Passion Factory is a startup that focuses on analytics, big data, and information technology.
Headless
Headless, located in Seoul, is an analytics-based startup that operates in the sectors of B2B, B2C, E-commerce platforms, retail technology, SaaS, and software.
These startups, despite all their differences, share a common thread: the relentless drive to leverage analytics for creating tangible business and societal value. Their stories inspire budding entrepreneurs and reaffirms faith in the transformative power of analytics in our increasingly data-driven world.
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