Chunmyung & Company is a platform startup with a vision for "trusted premium fortune-telling consultation." Since its launch in January 2020, the team has maintained an impressive average monthly growth rate of 30% by addressing the information asymmetry between consumers and fortune-tellers in the 1 trillion won fortune-telling market. Following a 3 billion won investment from Spring Camp in July 2020 and admission to TIPS in April 2021, the company is currently in the process of conducting a Series-A IR as of January 2022.
The company's goal is to utilize consumer data to resolve the information imbalance in the fortune-telling market, enabling rational consumption based on accurate information for consumers and allowing fortune-tellers to generate revenue commensurate with the value of their services.
With a vision to "purify the fortune-telling market," Chunmyung aims to provide accessible fortune-telling services of high quality and safety. Their commitment to verifying consultants, regulating additional services, and handling only genuine reviews has resonated strongly with customers, propelling Chunmyung to become the third-largest player in the market within two years of its launch. The recent Series A investment of KRW 5.00B on 19 April 2022 from Altos Ventures and Spring Camp signifies a significant milestone for the team, as they continue to revolutionize the market with their 15-member team.