On August 31st, Crowdworks will be listed on the Korean KOSDAQ market via SPAC merger, marking a significant milestone as the first AI training data platform company to achieve this in Korea. The company achieved this feat just 6.4 years after its inception, outperforming the 14.3-year average for new KOSDAQ listings.
Since its founding in 2017, Crowdworks has been at the forefront of providing AI training data solutions through its ethical crowdsourcing approach. Within a remarkably short span of three months from its establishment, the company secured seed investment from Naver, the largest IT conglomerate in Korea, and rapidly grew by attracting other investments from various institutions, including DSC Investment.
Crowdworks provided customized AI data services to more than 430 clients across various industries such as IBM, Uber, Delivery Hero, Samsung, LG, Hyundai Motors, for their AI model development. Notably, the company serves as the chosen partner for 70% of the Top 30 companies in the KOSPI stock market. Noteworthy among its recent accomplishments, Crowdworks played a pivotal role as an official partner in constructing data for the development of Naver HyperCLOVA X, Naver's cutting-edge next-generation LLM.