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The Venture Codex

Quantec

11, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu Daeyoung Building 12F, Rooms 1251~1252, Seoul, Seoul-t'ukpyolsi, South Korea

Overview

Quantik provides robo-advisor-based, non-face-to-face discretionary investment services powered by differentiated AI algorithms and a risk-management system called Q‑X. The company reports strong algorithmic performance: as of Q3 this year, Quantik accounted for nine of the top 10 algorithms in the robo-advisor Testbed Center’s three-year ranking, and its 'Value Investment Equity 2 (aggressive)' algorithm posted a 141.28% return and ranked first. Quantik has been pursuing partnerships to expand distribution and product offerings; it is collaborating with NH Investment & Securities on digital asset management for the retirement-pension robo-advisor market. Financially, the company’s Series C round has reached ₩17.0 billion after the latest tranche, and total cumulative funding is about ₩28.3 billion. CEO Lee Sang‑geun said investor interest and the firm’s algorithm development track record underpin plans to close the Series C within the year.

Total raised
$7M
Funding rounds
1
Latest round
Series C
Latest activity
Nov 2023

Industries

  • Finance
  • Financial Services
  • FinTech
  • Mobile Apps
  • Personal Finance
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Recent funding

  1. Series C

    Nov 2023

    $7M

Team