South Korean AI Startup Wrtn Plans US Launch and Eyes 2028 IPO
South Korean AI startup Wrtn plans to enter the US market this June following strong growth in Asia. The firm aims for a 2028 IPO with rapidly rising revenues.
洞察:
South Korean AI startup Wrtn announced today that it expects to generate more than $100 million in annualized revenue this year following the successful launch of its AI entertainment services in South Korea 
KR and Japan 
JP. The company, led by Lee Seyoung, also confirmed plans to expand its operations to the United States 
US by June and is targeting an initial public offering as early as 2028.
KR and Japan JP. The company, led by Lee Seyoung, also confirmed plans to expand its operations to the United States US by June and is targeting an initial public offering as early as 2028.The move to scale the company's commercial footprint follows a period of rapid growth. Wrtn reported reaching $70 million in annualized revenue at the end of 2025 and has set a target to achieve $700 million in annualized revenue by the end of 2027. These financial milestones are supported by substantial capital raises, including a 108 billion won Series B funding round in March 2025, which brought the company's cumulative funding to 130 billion won.
