WeBudding Raises USD1.9M in Funding

Steven Chan (left) CEO of Goodnotes and Donghwan Shin (right) CEO of WeBudding

WeBudding, a South Korean provider of a digital stationery platform, raised USD1.9M in funding.

The round was eld by Goodnotes.

The company intends to use the funds to expand operations and its business reach.

Founded in November 2018, by Donghwan Shin, Donggyun Ko, and Chaeyoung Lee, WeBudding gained popularity by creating paper notebooks tailored for various majors. However, it launched a marketplace for digital note templates. With the accelerated transition to remote learning during the COVID-19 pandemic, WeBudding became a digital stationery service in Asia, boasting about 2,500 creators offering over 16,000 content pieces.

FinSMEs

26/09/2023