Wrtn, an AI startup from South Korea, raised 108 billion won (US$73.5 million) in its series B funding round, announced on Mar. 31.

This marks the first time a Korean AI service platform outside the large-language model and semiconductor sectors has surpassed 100 billion won (US$67.76 million) in total investments.

The funding includes 83 billion won (US$56.24 million) from the series B round and 25 billion won (US$16.94 million) from a pre-series B round held nine months earlier.

The investment was led by Goodwater Capital, with additional backing from BRV Capital Management, Capstone Partners, Woori Venture Partners, Sui Generis Partners, Antler, and Z Venture Capital.

Wrtn, which launched its chat-based AI service, has seen rapid growth, reaching over 5 million monthly active users by October 2024.

The startup reported monthly sales of 1 billion won (US$677,568) in November 2023, increasing to 2 billion won (US$1.36 million) in December 2023.