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Olim Planet
Olim Planet is a ProTech company that combines technology and expertise in the real estate market
About Olim Planet
Olim Planet, a South Korean immersive tech company, was established in 2015 by its CEO, Kwon Jae-hyun. The firm is carving out a niche in the property technology and extended reality (XR) markets by developing solutions that bridge the gap between physical and digital experiences. Headquartered in Seoul, the company has grown to over 50 employees and has secured significant funding, including a $15.2M Later Stage VC round in November 2021, to fuel its expansion.
The company's business revolves around an ecosystem of XR products designed for various clients, from real estate developers to major corporations and government agencies like Samsung, Coca-Cola, Hyundai, and various Korean ministries. Initially focused on the real estate market, Olim Planet provided a platform for digital brokerage and immersive property viewings, enabling clients to create virtual model homes and reduce costs. It has since broadened its scope, developing a suite of products under its 'All Better Experience' philosophy. The core offerings include 'ELYPECS,' a business-focused XR solution for creating digital twins of offline spaces; 'XROO,' an XR content cloud for streamlined production; and 'XROMEDA,' an XR content portal for users to experience immersive content. These products operate on a B2B model, likely through a combination of subscription services, licensing, and bespoke project fees.
Olim Planet has achieved numerous milestones, including multiple patent registrations for its display and virtual reality technologies starting as early as 2017. It has been recognized with awards such as the 'Korea Metaverse Award' in 2021 and has been selected for the government-backed 'Super Gap Startup 1000+' program in 2024. The company has forged many strategic partnerships with entities like TBWA KOREA, Coex, and Hanwha Construction, demonstrating its integration into various industries. After launching a subscription model for its ELYPECS service in 2023, Olim Planet has continued to innovate, launching its XR software 'XROO' and the content portal 'XROMEDA' in 2024, signaling a strategic expansion into the broader XR content and creator economy.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jan 2024 | $12M | $47M | Undisclosed | ↗ |
| OtherOther financing | Jan 2019 | $0 | — | TONY Investment | ↗ |
Growth signals
Latest recorded traffic for Olim Planet is 1.9K monthly website visits, down 26.9% over the last three months. Olim Planet's team grew 6.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors1 additional known investor
- TITONY Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Olim Planet on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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