QUAT
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QUAT - overview
Established
2011
Location
Seoul, -, South Korea
Primary Industry
Internet
About
Founded in 2011, and based in Seoul, South Korea, NRISE Inc. operates as a neighborhood social networking platform that provides its users the opportunity to hang out with friends or strangers from the same neighborhood. It also provides a home-based service that connects fitness trainers to users. In December 2022, NRISE Inc.
raised KRW 12. 5 billion in venture funding led by returning investor Korea Investment Partners, with participation from new investors LB Investment and Bokwang Venture Capital. Returning investor Daekyo Investment also participated in this round. As of 2022, the company is led by its CEO Kim Bong-ki.
NRISE Inc. offers two major services Quat, a drawing a J-curve of 60-fold sales growth within one year of service opening and is at the forefront of the domestic home training market, and Wippy a social discovery service app that connects users of the same platform. NRISE Inc. plans to add an integrated exercise service to solve exercise and health issues through Quat by introducing health and functional food and nutritional supplement recommendations suitable for body data, various challenges, and exercise certification community functions.
Current Investors
LB Investment, Bokwang Venture Capital, Korea Investment Partners
Primary Industry
Internet
Sub Industries
Fitness & Wellness Facilities, Social Networking & Communication Platform
Website
www.nrise.net
Verticals
Social Media
Company Stage
Series B
Total Amount Raised
Subscriber access only
QUAT - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
QUAT - employee data
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