Funded



Mobidoo |

Mobidoo offers a contactless mobile payment solution using it's Inaudible Sound Transmission technology, which sends data over sound.

  • Business
  • Seoul , South Korea
  • Founded 2013

Raising $ 1,000,000

Investment



Closed

         

The Goal

Mobidoo wants to enable data communication between mobile and devices using existing speaker.
Mobidoo offers a contactless mobile payment solution using it's Inaudible Sound Transmission technology, which sends data over sound.



Background

• Has captured 30% of POS market in Korea and is discussing partnership with major banks

• Has 12 B2B clients in 5 countries and fast growing sales: $58K in 2015, $142K in 2016

Pre-money Valuation

14% Equity

Pitch Deck

Current View

Company Description

Enabling Offline Payment& Authentication on any Device

- Mobidoo IST (Inaudible Sound Transmission) Technology is a protocol that transmits data for mobile payment as well as authentication at point-of-sale by using inaudible sound. A.I. algorithms detect the surroundings and thus, help guarantee a clever and safe transaction.

David Lee CEO at Mobidoo (https://www.linkedin.com/in/david-lee-20285315/)

- Strategy Development: Samsung Electronics / Business Development of Qualcomm / Senior Consultant of IBM Global Business Services


Featured Team

Name Bio Contact
David Lee CEO


Logan Lee Research & Development / Team Leader


Lena Kim Financing & Operation / Team Leader


Jaden Lee Strategy & Planning / Team Leader


Gunter Kwon engineer


Amy Lee Director



Funding

| Total Funding Amount: $300,000

$ 300,000 ($ 300,000) | July 2017 | Series A

Investor Name Description Country
samsung next None


KRW 20.0 million | November 2016 | Seed

Investor Name Description Country
LOTTE Accelerator South Korea


KRW 300.0 million | March 2016 | Seed

Investor Name Description Country
Jimei KOREA Jimei Korea is an investment and advisory firm. South Korea



Q&A and Feedback


Login to see Q&A and Feedback