Channel Corporation, the operator of the all-in-one artificial intelligence (AI) business messenger "Channel Talk," announced on the 13th that it has secured an investment of 11 billion won. The cumulative investment amount is approximately 51 billion won.
This investment was led by existing investor Born Angels Venture Partners, with participation from Laguna Investment and new investor Altos Ventures.
Channel Talk is an all-in-one AI business messenger that provides various features necessary for customer consultations, including AI chatbots, chat counseling, customer relationship management (CRM) marketing, team messaging, internet currency, and video calls.
More than 180,000 customer corporations from various industries, including fashion, beauty, and travel, are using it. In particular, the AI agent "ALF" has been adopted by over 1,000 corporations within two months of its official launch, showing stable growth, the company noted.
With this investment, Channel Corporation plans to develop "Voice ALF," which responds to customer inquiries using AI voice, focusing on enhancing AI consulting technology. The goal is to solidify its position as an AI business messenger that can be utilized by various corporations, including small, medium, and large enterprises.
Channel Corporation has attracted 20,000 customers in Japan alone, including the fashion giant "Adastria" and the editing shop brand "United Arrows," recording solid growth, and has expanded to 22 countries worldwide, with 25% of total revenue coming from the global market. In 2022, it established a U.S. subsidiary with the aim of expanding into the North American market and will focus on global market expansion this year.
Ji Hyun-a, a senior examiner at Born Angels Venture Partners, said, "Channel Corporation is one of the representative startups generating revenue by integrating AI technology into existing products, with a steadily increasing number of domestic and global customer corporations. Additionally, the AI agent market is a rapidly growing field worldwide with high potential, which led to the investment decision."
Choi Si-won, the representative of Channel Corporation, said, "With this investment, we have secured the growth momentum to expand our business scope and strengthen our technological development capabilities."