Fundraising Fox

Dable

3 known investors

Dable is an AI company that turns audience data into revenue through recommendation, advertising, and analytics products built on a single feedback-driven AI engine. It serves media publishers, advertisers, and commerce platforms, primarily across Asia, with tools for native ads, app marketing, and retail media monetization.

Also known as Dable Inc. Β· 데이블

Investors Β· 3

Also in the syndicate Β· 2

K2 Investment PartnersSV Investmentlead

Valuation Β· disclosed

Disclosed events
$90Mvaluation at Series CJan 2021
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Dable is a South Korea-headquartered AI and data solutions company that builds recommendation, advertising and analytics products on a shared AI engine. The company states that all of its products run on one feedback loop: impression, click and purchase outcomes are fed back into training data, with a full decision cycle completed in under 0.1 seconds and roughly 1 billion behavioral events processed per day within 0.03 seconds, on an engine it describes as hardened on real traffic over ten years.

Its current product line comprises three solutions. DNA is a content advertising network that the company describes as Asia's largest, connecting more than 2,000 premium media outlets with advertisers through AI-driven native ads; the publisher-facing DNA offering cites 10+ years of operation, 3,000+ contracted media and 500M+ monthly users, with free AI content recommendation widgets (text, list plus video, native and DPA formats), context and behavior-based targeting, real-time bidding optimization, and a media admin console for revenue, widget settings and weekly reporting. wheres.ai is an AI-automated demand-side platform for app marketing that optimizes bidding, creatives and budget allocation in real time. SalesBoost is an on-site retail media solution that lets commerce platforms monetize shopping traffic through personalized product ads.

Earlier public descriptions position Dable as a content discovery platform providing personalized content recommendation (Dable News) and a content marketing/native advertising platform (Dable Native Ad), serving media, e-commerce and other content providers such as blogs and apps, with advertiser inventory extending beyond partner media to Google, MSN and Kakao via an RTB-based native ad exchange.

Founding story

Dable was founded in 2015 in South Korea by a team that had previously developed the country's first big data-based personalized product recommendation platform. Chaehyun Lee is CEO and co-founder, and Goonoo Kim is co-founder and CPO. The stated mission is to connect users, media and content by surfacing both information users seek and content they did not know they would like.

Business model

Dable monetizes publisher and platform audiences through advertising. Publishers install a single script tag with no setup cost or monthly fee and share revenue generated from ads served in Dable's recommendation widgets; advertisers buy native and content ad inventory across Dable's media network and external exchanges, app marketers buy media through the wheres.ai DSP, and commerce platforms use SalesBoost to sell on-site ad placements to their own merchant brands.

Revenue comes from advertising spend transacted across Dable's network, with publishers compensated under a revenue-share arrangement rather than paying setup or subscription fees. The company reported 2020 sales of about US$27.5 million, up 63% year over year, and average annual sales growth above 50% since founding.

Traction

Reported metrics include 3,000+ contracted media and 500M+ monthly users for the publisher network, and 2,000+ premium media connected through the DNA ad network. At the Series C announcement the company reported partnerships with over 2,500 premium media in Asia, 5 billion content recommendations to 500 million users per month producing 100 million monthly clicks, 2020 sales of about US$27.5 million (up 63%), monthly sales exceeding US$0.4 million in Taiwan two years after entry, and roughly 70% of overseas sales generated in Taiwan.

Latest developments

The company's current positioning centers on three AI products β€” the DNA content ad network, the wheres.ai app DSP and the SalesBoost retail media solution β€” and it is recruiting for AI/ML, backend and frontend roles. Prior announcements include entry into Australia with an ANZ country manager (May 2022), a mainland China and Hong Kong business development head (March 2022), publication of the Malaysia Digital Media Report 2022 (March 2022), and a monetization partnership with Thailand's Matichon Group (December 2021).

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Dable describes its DNA network as Asia's largest content advertising network and has been characterized as the No. 1 content discovery platform in Korea. At the time of its Series C it said its recommendation solution was the most utilized personalized recommendation platform in South Korea, Indonesia and Vietnam, was growing rapidly in Taiwan, and in October 2021 it announced it had become the most dominant content discovery platform in Taiwan. In Japan it competed against global players that had already entered the market with substantial capital.

Dable positions its advantage in a unified, continuously retrained AI engine shared across recommendation, advertising and analytics, sub-0.1-second decisioning at high event volume, and an engineering team that built South Korea's first big data-based personalized product recommendation platform. For publishers it emphasizes zero setup and monthly fees, one-line deployment, strict ad quality control with pre-screened creatives and category blocking, and a media-oriented admin console with proprietary site and visitor insights.

Technology

A single AI engine underpins recommendation, advertising and analytics products. Behavioral signals from ads, media and users are collected via real-time streaming and fed into a self-improving loop, with roughly 1 billion behavioral events processed daily within 0.03 seconds and end-to-end ad decisioning within 0.1 seconds. Machine learning analyzes article topics, keywords and context in real time and learns user click patterns, interests and history to match ads and content, while real-time bidding selects the highest-value ad per impression. Earlier disclosures cite monthly analysis of real-time website log data from 150 million users and recommendation of 5 billion content items.

Go-to-market

Publishers are onboarded through a self-service-style flow β€” application, terms and revenue-share agreement, insertion of a single script line, placement review, and AI learning from the first impression β€” typically live within a week. Growth internationally has come through country-by-country market entry with local country managers and business development hires, partnerships with major national media groups, industry conference participation such as Affiliate World Asia, and market reports such as the Malaysia Digital Media Report 2022.

Media publishers and news sites, advertisers and content marketers, app marketers, and e-commerce/commerce platforms, alongside other content providers such as blogs and apps.

Geography

Headquartered in Seoul, South Korea. As of the 2021 Series C the company served South Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia, with named partners including MBC, SBS, KBS and Chosun Ilbo (Korea), ET Today, LTN and NOWnews (Taiwan), Liputan6, Tempo and Suara (Indonesia), Thanh NiΓͺn, Saostar and Bongda (Vietnam), and Ripple Media, Nanyang Siang Pau and Malaysiakini (Malaysia). Announced expansion targets included Hong Kong, Singapore, Thailand, mainland China, Australia and Turkey, with a stated ambition to cover all Asian countries by 2024 and later serve the US and Europe.

History

Founded in 2015, Dable built a personalized content recommendation and native advertising business for publishers in Korea and expanded across Asia. It closed a $5.4 million Series B in April 2018 and a $12 million Series C in January 2021, bringing cumulative funding above $20 million across four consecutive rounds. In 2021 it announced plans to enter Hong Kong, Singapore, Thailand, mainland China, Australia and Turkey, and later that year reported becoming the leading content discovery platform in Taiwan and partnered with Thailand's Matichon Group. In 2022 it appointed a head of business development for mainland China and Hong Kong, published a Malaysia Digital Media Report, and appointed a country manager for Australia and New Zealand. The company now presents a broader AI product portfolio spanning the DNA ad network, the wheres.ai app DSP and the SalesBoost retail media solution.

Risks & controversies

Competitive pressure was noted in Japan, where global players had entered the market earlier and competition was described as capital-driven. Revenue is concentrated in advertising and in a small number of markets β€” around 70% of overseas sales came from Taiwan at the time of the Series C β€” and the business depends on maintaining publisher partnerships and ad quality standards across many jurisdictions.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual revenueJan 2020$27.5M
Average annual sales growth rate since foundingJan 2021more than 50%
Behavioral events processed per dayJan 20261,000,000,000 events
Contracted mediaJan 20263,000 media outlets
EmployeesJan 202651-200
Monthly clicksJan 2021100,000,000 clicks
Monthly content recommendationsJan 20215,000,000,000 content items
Monthly users reachedJan 2026500,000,000 users
Monthly users whose website log data is analyzedJan 2021150,000,000 users
Partner premium mediaJan 20212,500 media outlets
Premium media connected via DNA ad networkJan 20262,000 media outlets
Revenue growth year over yearJan 202063%
Share of overseas sales from TaiwanJan 202170%
Taiwan monthly salesJan 2021$400K
Total funding raised to dateJan 2021$20M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 12

launches, deals, and filings
Nov 2022
Dable attends Affiliate World Asia affiliate marketing conference

source β†—

May 2022
Dable expands into Australia with ANZ Country Manager Jaedo Ryu

source β†—

Mar 2022
Dable publishes the 'Malaysia Digital Media Report 2022'

source β†—

Mar 2022
Dable appoints Head of Business Development for mainland China and Hong Kong

Hire made to accelerate expansion in Greater China.

source β†—

Dec 2021
Dable partners with Matichon Group to boost monetization across news sites

source β†—

Oct 2021
Dable announces it has become the most dominant content discovery platform in Taiwan

source β†—

Jan 2021
Dable raises US$12M Series C at a valuation above US$90M

Series C led by SV Investment with new investors KB Investment and K2 Investment Partners and existing seed-stage investor Kakao Ventures; total raised exceeded US$20 million across four rounds. Funds earmarked for Asian expansion and growth markets.

$12M source β†—

Jan 2020
Ministerial Citation of the Ministry of Science and ICT

source β†—

Jan 2019
Ministry of Science and ICT Grand Prize

source β†—

Jan 2017
TIPS Award Grand Convention

source β†—

Jan 2016
Korea Online Advertising Grand Prize

source β†—

Jan 2015
K-Global DB-Stars Grand Prize

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Dable do?
Korean AI company whose single recommendation and advertising engine turns publisher, app and commerce data into ad revenue.
Who are Dable's investors?
Dable's investors include Kakao Ventures.