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§ Private Profile · Seoul, Seoul-t'ukpyolsi, South Korea
AI translation platform developing specialized machine translation and post-editing for legal, financial, and IP content.
Based in Seoul, South Korea, Bering Lab develops an AI-powered translation platform specialized for complex legal, patent, financial, and intellectual property documents. The company operates a business-to-business software-as-a-service model that combines domain-specific machine learning models with expert human review, generating $2.1 million in annual revenue during the 2023 fiscal year. Operating with approximately 25 full-time employees and a network of over 500 professional translators, the enterprise provides machine translation and post-editing services to more than 300 corporate clients across 15 countries. Bering Lab has raised approximately $3.5 million in total funding from institutional investors including SBVA, Naver, and The MBA Fund, while securing enterprise software contracts with major law firms such as Bae, Kim & Lee and Yulchon. The organization was officially founded in 2020 by co-chief executive officers Jae Yoon Kim and Seong Moon.
Bering Lab has raised $2.2M across 1 funding round.
Bering Lab has raised $2.2M in total across 1 funding round.
Bering Lab has raised $2.2M in total across 1 funding round.
Bering Lab's investors include SoftBank Ventures Asia.
Bering Lab has raised $2.2M across 1 funding round. Most recently, it raised $2.2M Pre-Series A in August 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 8, 2024 | $2.2M Seed Plus | Softbank Ventures Asia | — | Announced |