Moers Inc.

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Moers Inc. - overview

Established

2014

Location

Seoul, -, South Korea

Primary Industry

Travel & Leisure

About

Moers Inc. is a technology-driven company specializing in generative AI applications, particularly in AI Photo systems and interactive entertainment, enhancing user engagement through innovative content solutions. Founded in 2014, Moers Inc. is based in Seoul, South Korea, and focuses on developing advanced AI solutions for the entertainment industry.


The company has conducted 1 deal to date, with its most recent deal occurring on February 12, 2025. The founder has not been explicitly mentioned. Moers Inc. specializes in the development and launch of generative AI-based AI Photo systems, notably the '픽제너' platform, which analyzes customer photographs to create innovative AI profiles.


This core technology integrates AI with online media platforms to produce engaging content through a comprehensive O2O (online-to-offline) system. The company operates in the interactive entertainment sector, creating games and content that unify various forms of entertainment through the fusion of technology, visual arts, and creative ideas. Moers Inc. has established a strong presence in the self-photo studio market, launching 35 brands and operating over 1,500 locations across 22 countries globally.


Their product offerings cater to diverse clientele, including self-photo studio operators, arcade game establishments, and end-users seeking novel entertainment experiences. Moers Inc. generates revenue through a multifaceted business model that includes the development and distribution of arcade, mobile, and console games, alongside comprehensive photographic services. Revenue is derived from partnerships with retailers and wholesalers for arcade game supply, as well as direct-to-consumer sales through self-photo studio operations.


The company’s flagship products, such as the AI-integrated photo systems and arcade games like '후프맨,' are pivotal to their revenue generation, with transactions typically occurring at the studio level where customers pay for photo sessions or game plays. Moers Inc. 's approach includes expanding its product line with additional AI technologies, enhancing customer engagement and driving sales across its various platforms. In February 2025, Moers Inc.


raised an undisclosed amount of venture funding from T. S. Investment. The company plans to utilize this investment to introduce a systematic management system and expand its presence in global markets, specifically targeting markets in Japan and the US.


Upcoming product launches and expansion efforts are part of their strategic growth initiatives.


Current Investors

T.S. Investment

Primary Industry

Travel & Leisure

Sub Industries

Recreational & Entertainment Facilities, Gaming

Website

www.moers.co.kr

Verticals

Artificial Intelligence, Mobile Apps, Virtual Reality (VR)

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Moers Inc. - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)2,001,843,0001,080,063,000---
% Revenue Growth (YoY)-(46.0%)---
EBITDA (USD)-----
Operating Income (USD)(303,896,000)(432,209,000)---
Operating Margin(15.2%)(40.0%)---
% EBITDA Margin-----
NET Income (USD)(293,306,000)(423,510,000)---
% Net Margin(14.7%)(39.2%)---

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