iTNew inc.

Based in South Korea, iTNew inc. is a software company specializing in innovative Web3 solutions that leverage blockchain technology to enhance digital transformation and big data analytics for businesses and governmental organizations. iTNew inc. was founded in 2023 and is headquartered in Jeju-si, South Korea.

The company focuses on developing advanced blockchain platforms and decentralized applications (DApps). Byeong-uk Go serves as the CEO. The company has completed a total of 1 deal with the most recent funding round occurring on December 9, 2025. iTNew specializes in providing innovative solutions rooted in Web3 technology, focusing on blockchain, digital transformation, and big data analytics.

Their core offerings include tailored blockchain platforms and decentralized applications (DApps) designed to empower businesses in discovering new revenue models while ensuring enhanced security, transparency, and privacy. The company also delivers comprehensive data management and analytics services, establishing data infrastructures and providing security consulting to optimize client operations. With specific applications such as the Jeju Safe Code service and digital certificate issuance platforms, iTNew aims to address real-world challenges in areas like identity verification and data protection. Their target markets extend beyond South Korea, positioning their services for potential adoption in broader Asian and international markets, catering primarily to businesses and governmental organizations seeking to leverage digital technologies for growth and operational efficiency.

iTNew generates revenue through a diverse range of transactional structures, including B2B partnerships and service contracts with various clients. Their business model typically revolves around subscriptions for ongoing access to their blockchain platforms and consulting services, as well as project-based work for software development and implementation. Revenue is also derived from the licensing of their proprietary technologies and solutions, such as the Jeju Safe Code and blockchain-based digital certificate services. Clients, including private enterprises and public organizations, engage with iTNew to implement and integrate these services, often under multi-year agreements that facilitate collaborative development and innovation tailored to specific industry needs.

Pricing structures for these services are aligned with the complexity and scale of the projects undertaken, reflecting the bespoke nature of their solutions. In December 2025, iTNew inc. raised an undisclosed amount of venture funding from new investor Korea SMEs and Startups Agency. The company plans to leverage this funding to expand its product line, with upcoming launches focused on new blockchain applications and enhanced data security features expected by late 2026.

Additionally, iTNew aims to penetrate new markets in Southeast Asia and expand into Europe by 2027, targeting businesses and governmental organizations seeking to enhance their digital operations.