Kyowonwiz Co., Ltd.

Kyowonwiz Co. , Ltd. , based in South Korea, specializes in early childhood education with a focus on emotional play and developmental learning that fosters emotional intelligence and critical thinking skills in young children. Kyowonwiz Co.

, Ltd. was founded in 2003 in Seoul, South Korea. The company focuses on providing educational services aimed at preschool children and their families. In February 2017, Kyowon Group fully acquired Wiz Korea, after which the company underwent rebranding to its current name.

The CEO is Cho-aen Jung, with Sung-hoon Yoon also in a leadership role. The company has successfully completed two deals, with the most recent deal occurring on February 16, 2017, during which it raised KRW 20,000 mn in a Buyout round from The Riverside Company, bringing the total amount raised to KRW 20,000 mn. Wiz Island specializes in premium early childhood education, focusing on a unique emotional play education system grounded in theories of multiple intelligences and emotional intelligence. The company offers comprehensive educational programs that develop children's emotional management, empathy, and interpersonal relationships.

These programs are designed to enhance critical thinking, problem-solving skills, and creativity among preschoolers. Services are primarily directed towards families in metropolitan areas across South Korea, with possibilities for international expansion to meet the demand for innovative early education solutions. In the most recent fiscal year of 2024, Kyowonwiz Co. , Ltd.

reported a revenue of KRW 30,307,334. 4 and an EBITDA of KRW -417,781. 7, indicating a need for further adjustments in its operational strategies. Kyowonwiz Co.

, Ltd. aims to innovate its educational offerings with new products that are currently in development, focusing on emotional intelligence and innovative play-based learning methodologies. The company has plans to expand its market presence internationally, targeting regions with a growing demand for early childhood education solutions by 2025. The recent funding secured in February 2017 will be utilized to enhance product development and facilitate entry into new geographic markets, building on the existing framework established during the acquisition of Wiz Korea.