CrowdWorks
Category: AI Infrastructure
KOSDAQ-listed (355390) Korean AI data and enterprise AI company that builds training data, runs a crowdsourced labeling platform, and offers the Alpy agentic-AI solution and the WorksOne SLM. CrowdWorks was founded in 2017. The company is led by Kwangil Kim (김광일). Based in Seoul, South Korea. Total funding raised: $27M. Latest round: Post-IPO. Key investors include Naver D2SF, DSC Investment, BA Partners, XRP1 Fund (XRP1호조합, current largest shareholder).
- Founded
- 2017
- Headquarters
- Seoul, South Korea
- Total funding
- $27M
Value proposition
Trustworthy AI built on enterprise data: data collection, labeling and evaluation, plus enterprise AI solutions and physical-AI datasets.
Products and solutions
Alpy (agentic-AI and Knowledge Compiler solution), WorksOne (proprietary SLM), data collection, labeling and evaluation services, crowdsourcing platform (works.crowdworks.kr), Physical AI data (egocentric video, robot manipulation), Industrial AI for manufacturing, Consumer AI (AI camera app)
Unique value
A large crowd-worker labeling workforce combined with data quality-management capability, and a move from data services into enterprise and physical-AI solutions
Target customer
Korean enterprises, big tech and AI labs, robotics and manufacturing companies, and government AI data projects
Industries served
Manufacturing, robotics and autonomous driving, enterprise and public sector, consumer apps
Technology advantage
Large-scale crowdsourced data processing with proprietary quality control; in-house SLM (WorksOne); a recurring supplier of government data projects (selected for the Data Voucher program 8 years in a row)
How they differentiate
Listed company with a large crowd-worker base and a broad government and enterprise customer base, plus its own LLM/SLM and agentic-AI offerings
Main competitors
Selectstar, Superb AI, AIMMO
Key partnerships
Poseidon (blockchain-based AI data infrastructure, physical-AI datasets, Oct 2026), XYZ (robot learning data, 2026), Kakao consortium (Ministry of Science and ICT 'AI for Everyone' project), Naver (early collaboration), Changwon 'Physical AI Hub' with Gyeongnam Technopark, selected for the IITP Physical AI Leading Technology Development project (about KRW 34B)
Notable customers
Naver, LG, KT, Kakao consortium, Korean government AI data projects
Major milestones
Founded April 2017, Naver D2SF seed 2017, Series A 2018 and Series B 2019, pre-IPO round Nov 2021, KOSDAQ listing Aug 2023, largest-shareholder and CEO change in 2025–26 (XRP1 Fund, Kwangil Kim), Poseidon partnership Oct 2026, Changwon Physical AI Hub Sept 2026
Growth metrics
Revenue of about KRW 9B in 2021; Q1 2026 revenue up 47% YoY; about 500,000 crowd workers; 500+ corporate clients; stock around KRW 1,430 on 2026-10-26 (52-week range 1,101–5,900)
Market positioning
Positions itself as Korea's leading AI data company and the first AI-training-data platform listed on KOSDAQ (2023), now moving into enterprise AI and physical AI data
Geographic focus
South Korea, with expansion toward Japan and global big tech
About Kwangil Kim (김광일)
CEO of KOSDAQ-listed KS Industries (joint CEO since July 2025); former vice president at Yuhan; appointed CrowdWorks CEO in Feb 2026 after the change of largest shareholder.
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Official website: https://www.crowdworks.ai/