ualive

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ualive - overview

Established

2019

Location

Gwangju, -, South Korea

Primary Industry

Media

About

Based in Gwangju, South Korea, and founded in 2019, wealive Inc. , doing business as ualive, is a music IP and entertainment platform company that operates concert production, artist IP commercialization, fan community services, content creation, ticketing, and merchandise commerce. The company operates the ualive platform, which connects artists and fans through music content, concert information, fan engagement, and commerce services. Its management team has experience organizing Asian tours for global artists.


The company's most recent funding round was a Series A investment completed in September 2026. The company focuses on music IP commercialization, concert production, fan engagement platforms, and entertainment commerce. Its flagship product, ualive, serves as a music IP platform that integrates concert information, ticket presales, artist content, fan communities, merchandise commerce, fan events, playlists, news, and promotional activities into a single ecosystem. We Alive also organizes concerts for international artists in Korea, supports overseas expansion and touring for domestic artists, and collaborates with major music labels on audience development and artist marketing initiatives.


The company's revenue is generated by concert production and promotion, artist IP-related business activities, ticket sales, merchandise commerce, content production, fan community services, marketing partnerships, and platform-based entertainment services. Revenue increased from KRW 1. 06 billion in 2023 to KRW 2. 24 billion in 2024, and further to KRW 8.


21 billion in 2025, reflecting strong growth in its entertainment and platform businesses. The company will use the funding for the acquisition of domestic and international artist IP, enhancement of its ualive music IP platform, development of data and AI technologies, expansion of global entertainment operations across Asia, and the recruitment of key personnel to support future growth.


Primary Industry

Media

Sub Industries

Music Production & Distribution, Media

Website

www.ualive.com/

Company Stage

Series A

Total Amount Raised

Subscriber access only

ualive - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)358,000,000252,000,000---
% Revenue Growth (YoY)-(29.6%)---
EBITDA (USD)-----
Operating Income (USD)(386,000,000)(355,000,000)---
Operating Margin(107.8%)(140.9%)---
% EBITDA Margin-----
NET Income (USD)(362,000,000)(323,000,000)---
% Net Margin(101.1%)(128.2%)---

ualive - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series ACompletedualive-

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