ℹ️ News provided by: thero6

Official identity company

SEOUL – 1 OCTOBER 2024 – thero6, a cutting-edge South Korean company specializing in the development of cybersecurity algorithms for blockchain and financial industries, has successfully raised $6 million in a recent seed funding round. Of this total, $1.07 million was generated through a crowdfunding initiative, marking the first successful fundraising effort of this scale since 2018. The investment pool included funds from private investors as well as venture capital funds from South and Southeast Asia, indicating strong international interest in thero6 product under development.

The company is known for its commitment to improving financial technology in the banking and blockchain sectors, increasing the transparency of its tools and enhancing the security of private finance. Last year, for example, thero6 co-founder and CEO Kan Hyо Son has already twice presented technology reports and studies that have been favourably received by executives from South Asia’s largest corporations.

“As the Asian venture capital market experiences a marked revitalisation, there is a growing demand for projects, in the areas of cyber security, personal and corporate data protection, and developments that help combat internet crime. Thero6 technology meets these critical needs, placing it at the forefront of this resurgent interest in digital and financial security solutions” – says Thero6 co-founder Henry Atkins, who is responsible for the company’s technology processes.

Thero6 has attracted attention from the beginning due to the engineering of its products and the unusual marketing that was created by the tvi agency. With the new round, the company intends to further expand its development team and open its product demo to all Asian companies as early as 2025.

About thero6:

Thero6 is a South Korean digital security company. It was founded by former VISA developers Jessica Lau, Kan Hyo Son and former Dell developer Henry Atkins. The company develops AI-powered blockchain firewalls that systematise user behaviour across 189 metrics to prevent scam or investment theft with an 89% probability. Thero6 is currently a team of more than 60 developers and analysts specialising in cybercrime research.

A company that develops isolated algorithms for analysing fraudulent schemes in the finance and blockchain industries passed a new round of funding.

thero6 a South Korean cybersecurity startup has successfully completed its seed roun

For more information, please contact:

Head of PR, thero6, George Lau at george@thero6.com


This press release was published as it was received from our partner, without any editing from the Tech in Asia team.

You can publish your own press release on Tech in Asia. Simply fill in this form and our team will get back to you by the next business day.