Coxwave, a Seoul, South Korea–based AI product analytics platform provider, has secured $5 million in Pre-Series A funding.
Investors
The round was led by L&S Venture Capital, with participation from KB Investment, Hyundai Venture Investment, Hyundai Motor Company’s ZERO1NE Ventures, and KDB Capital.
L&S Venture Capital is a South Korean venture capital firm based in Seoul that specializes in deep-tech and early-stage investments, particularly in technology and industrial sectors. Founded in 2006, the firm primarily targets companies and opportunities in South Korea, leveraging deep local networks and market knowledge to support domestic innovation.
Coxwave Use of Funds
The company will use the funding to enhance AI reliability and governance capabilities, expand the Coxwave Align platform, and scale its AX consulting business globally.
About Coxwave
Founded in 2021, Coxwave is an AI technology company specializing in AI product analytics, reliability, and governance for conversational AI systems. Its flagship platform, Coxwave Align, provides user analytics and feedback-driven evaluations to help enterprises improve AI performance using real-world interaction data. Headquartered in South Korea, Coxwave has worked with clients globally, including PwC India, Meta, Microsoft, and the Economic Times.
Funding Details
Company: Coxwave
Raised: $5.0M
Round: Pre-Series A
Funding Date: January 2026
Lead Investor: L&S Venture Capital
Additional Investors: KB Investment, Hyundai Venture Investment, ZERO1NE Ventures (Hyundai Motor Company), KDB Capital
Company Website: https://www.coxwave.com/
Software Category: AI Reliability and Governance / AI Product Analytics
Source: https://www.prnewswire.com/in/news-releases/coxwave-secures-5m-pre-series-a-funding-to-advance-ai-reliability-and-governance-302659143.html