The Cheat Asset Profile

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Year established

2006

Location

Seoul South Korea

Primary Industry

Software

About

Based in South Korea, and founded in 2006, The Cheat operates as a theft detection solutions provider. In July 2022, The Cheat raised venture funding from Kakao Pay Corp. The Cheat offers a financial fraud prevention platform, which is an online platform that prevents crime and defends victims of crime. Through the company’s fraud prevention service platform, customers can locate a police station in their area and file a complaint regarding crimes. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include startup, starter, standard, and premium. The charges are KRW 50,000 per month for the startup, KRW 300,000 per month for the starter, KRW 600,000 per month for the standard, and USD 499 per year for the pro.

Current Investors

Kakaopay, Primer, D3 Jubilee Partners

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Primary Industry

Software

Sub Industries

Internet, Application Integration Software, Monitoring & Security Software

Website

www.thecheat.co.kr

Company Stage

Angel & Seed

Total Amount Raised

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