IVS Inc.
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IVS Inc. - overview
Established
2010
Location
Seoul, -, South Korea
Primary Industry
Software
About
IVS Inc. , based in South Korea, specializes in developing innovative video solutions that enhance security, safety, and operational efficiency across various sectors. IVS Inc. was founded in 2010 in Seoul, South Korea, focusing on advanced video technology solutions.
The company has successfully raised KRW 5 billion in venture funding from investors including Korea Securities Finance Corporation and Welcome Asset Management as of March 2021. Young-hoon Bae serves as the CEO, leading the organization in a competitive technology landscape. IVS Inc. offers advanced technological solutions for sectors such as security, disaster prevention, defense, and industrial safety.
Core products include intelligent video analysis solutions, face recognition systems, and AI-powered sound analysis tools, which enhance operational efficiency and address challenges like traffic management and environmental data analysis. The company serves various clients, including government agencies and private enterprises, with a global presence in markets like Asia, North America, and Europe. In 2022, IVS Inc. reported a revenue of KRW 2,631,026.
10, with an EBITDA of -KRW 2,922,386. 10, reflecting the company’s current financial performance amid its growth trajectory. IVS Inc. plans to launch new products focused on enhancing their video technology solutions and expanding into new markets, particularly targeting regions in Europe and North America by 2023.
The recent funding of KRW 5 billion raised in March 2021 will support these initiatives, facilitating research and development efforts to introduce innovative offerings to meet diverse client needs.
Current Investors
Korea Credit Guarantee Fund, Brain Asset Management, DS Investment & Securities
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Monitoring & Security Software
Website
www.ivstech.co.kr
Verticals
Artificial Intelligence, Artificial Intelligence, Big Data, IoT (Internet of Things)
Company Stage
Late Stage
Total Amount Raised
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