D.Whale Secures Series A Funding

by Kay Aloha Villamor in June 3rd, 2024

D.Whale, a Seoul, South Korea-based provider of SaaS-based HR management platform, has secured a Series A investment. 


The round was led by Korea Investment Partners, with participation from existing investors, We Ventures and 500 Global. 

Korea Investment Partners (KIP) is a subsidiary of Korea Investment Holdings (KIH), one of the largest private financial groups in Korea, and serves as the venture capital & private equity arm of KIH. With global offices in China (Beijing, Shanghai, Guangzhou, Chengdu), Singapore, and the U.S., KIP currently manages 58 funds with an AUM of US$4 billion. 

D.Whale Use of Funds 

The company plans to use the funds to enhance its platform performance management modules and expand its team. 

About D.Whale  

D.Whale is an HR tech startup that specializes in developing and operating the SaaS-based HR management platform called CLAP. This platform focuses on continuous performance management and offers various features such as goal management, employee evaluation, continuous feedback, 1:1 meetings, and grade adjustment processes. The platform has gained traction among mid-sized and large companies like Ananti, Air Premia, BonIF, SL, and AMO, with over 1,000 companies currently using it. 

Funding Details                   

Company: D-Whale Co., Ltd.   

Raised: Undisclosed                                    

Round: Series A  

Funding Month: June 2024                                      

Lead Investors: Korea Investment Partners  

Additional Investors: We Ventures, 500 Global  

Company Website: https://welcome.clap.company/  

Software Category: HR Management  

Source: https://wowtale.net/2024/06/03/77657/

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