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Wrtn Technologies

Category: AI Agents

Korean AI company offering a consumer AI portal plus AI entertainment apps (Crack/Kyarapu) and enterprise AI-agent transformation (Wrtn AX). Wrtn Technologies was founded in 2021. The company is led by Seyoung Lee. Based in Seoul, South Korea. Team size: 100-200. Total funding raised: ~$104-106M total. Latest round: Series B (₩108B/~$73.5M, Mar 2025 led by Goodwater Capital). Key investors include BRV Capital Management, Goodwater Capital, Capstone Partners, Z Venture Capital.

Founded
2021
Headquarters
Seoul, South Korea
Team size
100-200
Total funding
~$104-106M total

Value proposition

Dual GTM: free model-agnostic AI portal plus high-retention interactive AI storytelling (Crack/Kyarapu), and enterprise agentic AX (Wrtn AX) with Microsoft/AWS/Google Cloud.

Products and solutions

Wrtn (AI Portal), Wrtn Studio, Wrtn Ads, Character Chat

Unique value

Model-agnostic portal + localized AI entertainment (Crack KR / Kyarapu JP) driving scale monetization, plus enterprise AI-agent/AX stack (Wrtn AX, Labs).

Target customer

Individual Consumers (B2C), Enterprise Clients (B2B)

Industries served

Generative AI, Consumer Technology, Advertising, Education

Technology advantage

First Korean GenAI startup >₩100B funding; high-retention AI entertainment monetization (Crack/Kyarapu) plus proven multi-model portal scale (5M+ MAU) and enterprise agent stack (AutoBE/AX).

How they differentiate

Interactive AI storytelling (vs companion chatbots like Character.AI) plus free multi-model portal; enterprise AX agents (AutoBE etc.) vs pure model vendors or search portals (Naver Clova/Cue, Liner).

Main competitors

Character.AI, Naver (Clova X / Cue:), Liner (Liner AI), ChatGPT (OpenAI)

Key partnerships

Azure OpenAI (Microsoft), Google, BRV Capital Management, Goodwater Capital

Notable customers

Individual Consumers (B2C focus), Enterprise Clients (via Wrtn Studio/Ads)

Major milestones

Achieved 5 Million Monthly Active Users (MAU) in late 2024, First Korean Gen-AI service startup to surpass 100B KRW in total funding (Mar 2025), Launched 'Wrtn Ads' platform achieving rapid monetization

Growth metrics

5M+ MAU (KR/JP); 2025 audited revenue ₩47.1B (~15x YoY from ~₩3B); tracking ~$100M ARR in 2026 on AI entertainment (Crack/Kyarapu); Japan Kyarapu ARR ¥1B; targeting IPO ~2028.

Market positioning

Leading Korean B2C generative AI portal and AI entertainment platform (Crack/Kyarapu), expanding enterprise AX and US market; IPO target ~2028.

Geographic focus

South Korea, Japan (Kyarapu live), US expansion (2026), broader global AI entertainment and AX

Patents and IP

CES 2023 Innovation Award Honoree (Software & Mobile Apps)

About Seyoung Lee

Founder of Korea Scholar's Conference for Youth (KSCY). Recognized in Forbes 30 Under 30 Asia (2024).

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