First Institutional Investor Commits Investment to Mobility Platform 'Coactors'

Wadiz Ventures Invests in 'Goyohan Mobility' for Hearing-Impaired Taxi Drivers View original image


[Asia Economy Reporter Kim Cheolhyun] Wadiz (CEO Shin Hyesung) announced on the 2nd that it has invested in Coactors, the operator of the 'Goyohan Mobility' platform, through Wadiz Ventures.


This investment marks Wadiz Ventures' first investment in the mobility sector, making Wadiz Ventures the first institutional investor in Coactors. Coactors, which has been providing a quiet taxi service driven by hearing-impaired drivers, plans to directly enter the mobility market as a platform transportation operator by launching a new transportation business, the 'Goyohan Mobility' service, through this funding.


Coactors is a social impact company established mainly by young entrepreneurs in their 20s who actively seek to solve social issues. It has gained significant attention by presenting an innovative startup model that combines the value of creating jobs for the hearing-impaired with technology. Additionally, Coactors plans to open a funding project on Wadiz in line with the official launch schedule of Goyohan Mobility's service.


Song Minpyo, CEO of Coactors, stated that they plan to directly employ more than 30% of their total staff as hearing-impaired individuals. In particular, they will offer various customized services such as regular reservation systems and monthly subscription plans through a mobile app-based reservation-only service.



Shin Hyesung, CEO of Wadiz, said, "This investment is meaningful as it is a proactive investment in a mobility startup that creates social value in a somewhat frozen mobility investment market," adding, "We plan to actively invest in companies that create social impact based on ideas and technological capabilities through Wadiz Ventures in the future."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing