The Plato has successfully secured an 800 million won seed investment from Smilegate Investment and Mashup Ventures to enhance its AI note-taking service, Tiro, aimed at revolutionizing conversation documentation across various platforms.

Target Information

The Plato, founded in 2024, offers Tiro, an AI-powered service that provides real-time conversation transcription and high-quality summary notes. The company was co-founded by a team of Seoul National University alumni, including CEO Im Eun-sung, who has a background in mathematics and computer engineering along with experience as an AI engineer, and other members with experience in various domains including frontend development and venture capital.

Tiro specializes in recording multilingual conversations and generating structured notes that cater to user-defined formats. Beyond simple transcription, Tiro understands conversation contexts and can instantly produce one-page documents, making it applicable in diverse scenarios, such as meetings, lectures, and interviews. The platform has rapidly attracted a paid user base among global startups and venture capital firms, resulting in over 15,000 subscribers and an impressive renewal rate exceeding 90%, contributing to annual revenues in the hundreds of millions of won.

Industry Overview

The AI-powered note-taking and transcription industry is experiencing rapid growth, especially in South Korea, as businesses increasingly rely on technology to enhance productivity and simplify data management. With the prolif