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§ Private Profile · Seoul, Seoul-t'ukpyolsi, South Korea
Quota Lab is a technology company.
Quota Lab develops QuotaBook, a cloud-based equity management platform designed to digitalize and streamline complex equity-related activities. This comprehensive solution connects the capital flows of ventures, startups, general partners, and limited partners by providing tools for investment and securities management, facilitating clear and efficient financial operations across the private capital market. Its technical approach focuses on robust data integration and management to simplify previously cumbersome processes.
The company was established in 2019 by co-founder and CEO Andy Choi, alongside a team of former venture capitalists and experienced Silicon Valley engineers. Choi’s prior experience, including a tenure at Kakao Ventures, provided critical insight into the inefficiencies within traditional equity management. This led to the foundational idea of creating a platform that would simplify and modernize how private market participants handle their equity stakes and related financial instruments.
QuotaBook serves a broad clientele within the private capital ecosystem, including startups, founders, and both institutional and individual investors. The platform aims to demystify equity administration, making it more accessible and transparent for all stakeholders. Quota Lab's long-term vision is to continually advance the private capital market through innovative, cloud-based solutions, fostering a more connected and efficient environment for investment and growth.
Quota Lab has raised $16.0M across 2 funding rounds.
Quota Lab has raised $16.0M in total across 2 funding rounds.
Quota Lab has raised $16.0M across 2 funding rounds. Most recently, it raised $11.0M Series A in August 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2022 | $11M Series A | Serik Kaldykulov | Acrew Capital, Elefund, Louis Beryl, Access Ventures, Capstone Partners, Draper Associates, Hana Securities, South Korea, Toss | Announced |
| Aug 1, 2021 | $5M Series A | — | 50 Partners, Acrew Capital, Capital Factory, CapitalX, Elefund, Eunoia Capital Partners, Eurazeo, Expa, Next Coast Ventures, Pareto Holdings, Pebblebed, Scale Asia Ventures, Stride VC, Alexis LE Quoc, Eric Nadalin, Jean Sébastien Wallez, Louis Beryl | Announced |
Quota Lab is a financial technology company building infrastructure for the venture capital ecosystem, primarily through its product Quotabook. It enables startups to manage cap tables, equity data, stock options, and portfolio performance tracking, while connecting ventures, general partners (GPs), and limited partners (LPs) to streamline capital flows.[1][3][4] Founded in 2019 and headquartered in Seoul, South Korea, with some references to Singapore, the company serves the VC and startup funding sectors, targeting organizations needing efficient equity management, sales performance analytics, and compliance tools like ISO/IEC 27001:2022 certification.[1][2] It has raised $11M in funding, employs around 45 people, and generates approximately $9.5M in revenue, showing steady growth in employee headcount.[2]
Quota Lab was founded in 2019, initially positioning itself as a provider of sales quota management and performance analytics software to help businesses track metrics and optimize strategies.[2] The company evolved into a broader financial infrastructure player, launching Quotabook to address equity management pain points in the startup world, such as cap table tracking, stock option plans, and investor portfolio syncing.[1] Key details on specific founders are not detailed in available sources, but its early focus on BizSuite and RSU services for business efficiency laid the groundwork for expansion into VC market infrastructure, connecting startups, GPs, and LPs.[2][3][4] Pivotal traction includes securing $11M in funding and establishing operations in Seoul, with products gaining adoption in high-growth startup environments.[2]
Quota Lab stands out in the fintech space through specialized tools tailored for VC workflows:
These features emphasize ease of use, data syncing, and ecosystem integration over generalist alternatives.[1][2]
Quota Lab rides the wave of digital transformation in venture capital, where fragmented equity and funding data hinders scalability amid booming startup funding globally.[1][3] Its timing aligns with post-2020 fintech infrastructure demands, as remote dealmaking and complex cap tables proliferate, fueled by market forces like increased LP-GP transparency needs and regulatory pressures for accurate ownership tracking.[1][4] By unifying capital flows, it influences the ecosystem much like Carta or Pulley, but with an Asia-centric focus (Seoul base), aiding regional startups in competing globally while lowering barriers for founders and investors.[1][2] This positions it as enabler in a $300B+ VC market increasingly reliant on automated tools for efficiency.
Quota Lab is poised for expansion by deepening Quotabook's AI-driven analytics and global LP integrations, capitalizing on VC digitization trends like tokenized equity and real-time fundraising platforms. Rising startup volumes in Asia and beyond, plus its $11M funding war chest, suggest accelerated growth, potentially through partnerships with YC-like accelerators or acquisitions in sales tech.[2] Its influence could evolve from niche equity manager to core VC infrastructure hub, especially if it navigates regulatory shifts in digital finance—watch for Series B traction by 2026 to solidify its edge in connecting capital flows.[1][2][3] This infrastructure play cements Quota Lab as a foundational bet in the startup funding revolution.
Quota Lab has raised $16.0M in total across 2 funding rounds.
Quota Lab's investors include Serik Kaldykulov, Acrew Capital, Elefund, Louis Beryl, Access Ventures, Capstone Partners, Draper Associates, Hana Securities, South Korea, Toss, 50 Partners, Capital Factory.