– 1 trillion won raised through makers’ efforts and public support has attracted 800 billion won in funding from corporate and institutional investors
– 1,800 new projects launched each month, completing a value chain that connects the discovery and cultivation of small brands with subsequent distribution
– Sustaining annual growth by establishing new business models to support small and medium-sized businesses
Wadiz, a pioneer in the domestic crowdfunding industry, has surpassed 1 trillion won in cumulative transaction volume.
Life design crowdfunding Wadizannounced on the 15th that it has surpassed 1 trillion won in cumulative transaction volume 10 years after its launch, having recorded a record-high number of new project launches for three consecutive months.
The recently announced cumulative transaction volume of 1 trillion won holds significant meaning, as it represents the combined result of public support and sponsorship that has provided opportunities to makers with business ideas but limited funding. The amount of follow-on investment secured by companies that successfully raised funds Wadizexceeds 800 billion won, based on publicly disclosed figures alone. As public support and validation lead to institutional investment, a virtuous cycle of startup ecosystem creation and expansion is taking shape within Wadiz.
Wadizgrowth trajectory—driven by demand from small business owners seeking funding and companies looking for new distribution channels—is evident in its cumulative transaction volume milestones. While it took 67 months to reach 100 billion won in cumulative transactions, it took only 9 months to surpass 200 billion won, and just 5 months to go from 900 billion won to 1 trillion won.
With a vision to “create a world where anyone can take on a challenge,” Wadizhas pioneered the domestic crowdfunding industry and established a business model that fosters mutual growth with small and medium-sized businesses, achieving an average annual growth rate of 106% in transaction volume. Since the official launch of its service in 2014, the number of projects has surged from 100 per year to approximately 1,800 per month.
Furthermore, the number of projects launched Wadizhas surpassed 60,000, with an average funding success rate of 83% relative to their goals. The platform has over 6 million registered members, and the number of endorsements and notification subscriptions for projects is nearing 20 million.
It is worth noting that Wadizis leading the industry with a new business model that goes beyond domestic reward-based crowdfunding to support the discovery, cultivation, and subsequent distribution of small brands. Based on its unique and differentiated "One&Only" strategy, Wadiz is actively supporting the overseas expansion of promising domestic startups through collaborations with Japan’s largest crowdfunding platform, "Makuake," and Taiwan’s "Zek Jack," among others, thereby accelerating its global business operations.
Wadiz CEO Shin Hye-sung said, “For over a decade, the continuous challenges and support from so many people have helped us create a variety of success stories,” adding, “We will expand the robust value chain for startups so that even small challenges can lead to significant opportunities and sustained growth.”
