Korean startup Noutecompany has captured the attention of the world with its ground breaking platform, WeBudding, revolutionizing the digital stationary market. This remarkable achievement has now propelled its visionary founders, Donggyun Ko, Chaeyoung Lee, and Donghwan Shin, onto the prestigious Forbes 30 Under 30 list in consumer technology.
Donghwan Shin, a graduate of Seoul National University and the CEO of Noutecompany, has played a pivotal role in leading this Seoul-based edtech startup to unparalleled success. At the heart of their accomplishments lies WeBudding, a digital stationery marketplace that has gained a substantial following since its launch in 2018. Each month, more than 100,000 people, spanning countries such as the Philippines, South Korea, the US, and Vietnam, flock to WeBudding to purchase digital stationery items like stickers, notebooks, and diaries. WeBudding is now considered to Asia’s largest digital stationary platform.
The impact of WeBudding has reverberated even further, as it recently forged a ground breaking partnership with GoodNotes 5, one of the world’s most popular note-taking apps. This collaboration has resulted in WeBudding supplying its extensive range of digital stationery to GoodNotes 5, allowing users to access a wealth of note templates, planners, and sticker images seamlessly. With exclusive distribution rights for the Korean market, WeBudding has positioned itself as the gateway for Korean users to embrace this new and exciting content.
Noutecompany has successfully secured a total of $3 million in funding, including a significant $2 million investment from esteemed organizations such as Capstone Partners and Strong Ventures in May 2022. Other notable backers include Seoul-based accelerator Schmidt and Korean startup incubator D.Camp, solidifying Noutecompany’s position as a leading force in the industry.
With a laser focus on meeting the evolving needs of millions of Gen MZ users, Noutecompany continues to soar to new heights. The recognition by Forbes through the inclusion of Donggyun Ko, Chaeyoung Lee, and Donghwan Shin in their esteemed 30 Under 30 list is a testament to their unwavering passion and commitment to reshaping the digital stationary landscape. This milestone not only validates their remarkable achievements but also serves as an inspiration to aspiring entrepreneurs around the world.
As Noutecompany propels forward, it is clear that their journey is far from over. With a promising future ahead, they are poised to leave an indelible mark on the world of digital stationery, revolutionizing how we learn, create, and express ourselves in the digital age.