South Korea-based Wepair, a company driving the digitalization of the automotive repair market, has secured seed funding in an undisclosed amount. Seoul Techno Holdings joined as a new investor, while Antler Korea participated as a follow-on investor.

Wepair provides technology-based services through “Wepair Partners,” a Software-as-a-Service (SaaS) platform exclusively designed for comprehensive repair shops. The platform digitizes repair shop operations and systematically collects and standardizes repair data. The company aims to expand its business through a B2B2C structure, focusing on its repair shop network to address information asymmetry issues in the repair market and provide transparent repair experiences to consumers.

Since its official launch in January this year, Wepair Partners has secured over 200 repair shops in a short period. The platform addresses a significant challenge faced by many repair shops, where substantial portions of working hours are consumed by repetitive and inefficient tasks such as photo management, customer service, and paperwork, making it difficult to focus on actual repair work and consumer service.

“Wepair is an integrated platform that digitally transforms inefficiencies in the accident repair market, and we were impressed by how effectively it connects key stakeholders such as repair shops and insurance companies,” said Mok Seung-hwan, CEO of Seoul Techno Holdings. “We determined that it is a company with a solid revenue structure and scalability potential through the combination of repair data-based SaaS and concierge services.”

Kim Ki-hwan, CEO of Wepair, stated, “This investment represents more than just securing funding – it’s a turning point that will drive fundamental change in the repair market. We will enhance efficiency and trust across the entire repair industry through SaaS function expansion and nationwide repair shop network growth.”

With this investment, Wepair plans to advance SaaS functionality enhancements and strengthen marketing and sales efforts in earnest.