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Angelswing

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Year established

2016

Location

Seoul South Korea

Primary Industry

Construction

About

Based in Seoul, South Korea, and founded in 2016, Angelswing is an industrial site monitoring and construction, and safety management company that provides services using drones. In February 2023, Angelswing raised an undisclosed amount of venture funding from investor ZER01NE. Some of the firm’s customers include Samsung, Taeyoung, Kudong, SK, DL E&C, etc. The company operates a cloud and web-based drone data platform that uses drone-captured imagery to reconstruct physical job sites in the digital world. The company provides construction management and surveying solutions via drone virtualization technology, which enables construction management and surveying in virtual sites to increase on-site productivity and prevent safety accidents via equipment safety simulation. The company intends to use the September 2022 funding to improve on-site safety through its construction management and safety management platform and to begin its domestic and global business expansion.
Current Investors
Seoul Technology Holdings, Korea Tech Incubator for Startup, GS Engineering & Construction Corporation

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Primary Industry
Construction
Sub Industries
Construction
Website
www.angelswing.io
Verticals
Robotics, Urban Planning
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Dec 2018
177,259,000
-
(248,256,000)
(140.1%)
-
-
47,499,000
26.8%
31 Dec 2019
166,898,000
(5.8%)
(502,663,000)
(301.2%)
-
-
(87,915,000)
(52.7%)
31 Dec 2020
31 Dec 2021
31 Dec 2022

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Employee Graph

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