Hyewoom Secures 10.5 Billion KRW Series B Funding

IBK Industrial Bank of Korea, Quad Ventures, and Kiwoom Join Investment...
Total Accumulated Investment Reaches 21 Billion KRW
Aggressive Investment in Advancing AI Agent Technology...
Aiming to Lead the Financial AI Agent Sector

Financial artificial intelligence (AI) technology company Hyeum announced on the 8th that it has secured 10.5 billion KRW in Series B funding.

This investment round included follow-up investments from existing investors IBK Industrial Bank of Korea and Quad Ventures, as well as new investors such as Kiwoom Investment. With this, Hyeum's total accumulated investment has reached 21 billion KRW.

Founded in 2017, Hyeum started as an AI technology research company aimed at assisting small business owners, self-employed individuals, and small and medium-sized enterprises, leading automation in the tax and finance sectors. Hyeum's flagship services include ‘Hyeum Report 2.0’, which supports business tax processing, and ‘TheNansegeum’, a business tax adjustment claim service.

With this new funding, Hyeum plans to accelerate the advancement of its financial AI agent for small business owners. Additionally, by enhancing its services from convenience-focused features such as expert consultations and free issuance of tax invoices to managing accounts receivable and payable, Hyeum aims to enable its AI agent to handle the tax and financial areas for entrepreneurs.

Ok Hyung-seok, CEO of Hyeum, stated, “As AI development accelerates, the need for AI to act on behalf of business owners is becoming increasingly prominent. Marking this Series B funding as a turning point, we will focus on enhancing agentic AI technology capable of not only execution but also reasoning, and secure AI technology leadership through more aggressive investments.”

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