South Korea-based time management app developer Day2Life has announced that it has raised 100,000,000 KRW (US$100,000) from 500 Kimchi, a microfund managed by leading early-stage incubator-cum-fund 500 Startups.
The startup will use the investment for distribution as well as for monetisation via in-app purchases and from event organisers promoting their events on JUNE.
“When it comes to distribution, we’ve validated our product in Korea which we used as a testbed during the past year. With this investment, we will try to penetrate the US market which is our target market for distribution,” Day2Life Founder Wonil Park told e27.
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