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Estsoft

Founded 1993 Β· 410 employees on LinkedIn Β· Public Β· 1 known investors

ESTsoft is a Korean software company that has shifted its focus to AI services, applying deep-learning technology across four business areas: AI/virtual humans, techfin, commerce, and security. It runs an in-house AI research lab and offers products such as real-time AI human generation, virtual fitting, and utility software for enterprise and public/education customers.

Also known as Emotional Science Technology Β· ESTsoft Β· ESTsoft Corp. Β· μ΄μŠ€νŠΈμ†Œν”„νŠΈ

Investors Β· 1

Company profile

researched Aug 2026

ESTsoft Corp. is a South Korean application software company founded in 1993 and headquartered at Banpo-daero 3, Seocho-gu, Seoul. It began with desktop and business software, and through the 2000s built the "ALTools" utility brand β€” including the ALZip compression tool, ALSee image viewer/editor, ALPDF, ALCapture screen capture, ALSong music player, ALDrive file transfer client and the ALYac anti-malware product. The company also entered online gaming, publishing the MMORPG Cabal Online and its sequel Cabal 2, and spun its security division into the subsidiary ESTsecurity in January 2017.

Since the early 2020s ESTsoft has repositioned around artificial intelligence, delivered largely as software-as-a-service. Its Perso AI family, launched in 2024, comprises Perso AI Dubbing for multilingual video dubbing and translation, Studio Perso for text-to-video AI avatar production, and AI Live Chat / Perso Interactive for real-time conversational avatars. Adjacent offerings include Perso AI Lip Sync for content localization, Perso Interactive SDK for embedding interactive avatars in websites and advertising, Perso Interactive (AI) Station kiosk hardware-software for physical environments, and Alan, an AI search engine and generative assistant with an "Alan Slide" automatic slide-generation feature. Perso Interactive supports real-time conversation and interpretation, integrates external large language models such as OpenAI GPT-3.5 and HyperCLOVA X, and is marketed as recognising and speaking languages from 110 countries; Perso Dubbing covers 32 languages and Studio Perso offers 6,000+ multilingual voices and 4K output. In parallel, the ALTools line has been extended with an "ALTools AI" subscription adding AI image editing (background removal, upscaling, eraser, face blur, text extraction) and AI PDF features (summary, chat, translation), plus a web tools site and an "ALTools Lab" beta program.

The company runs an internal AI research organisation (described as the A.I. PLUS Lab) working on vision, voice and deep learning; it reported the Minister of Science and ICT Award at the 2020 Artificial Intelligence Grand Challenge and 77 patents. ESTsoft researchers presented an end-to-end multilingual dubbing framework using duration-based translation at the EMNLP 2025 System Demonstrations track.

Business model

ESTsoft sells AI services mainly in a software-as-a-service format, alongside consumer and business utility software. Perso-branded avatar, dubbing and interactive products are sold to enterprise, public-sector and education customers as platforms, SDKs and kiosk-based stations, while the ALTools utility suite is distributed as downloadable PC software, mobile apps and browser-based tools with a paid AI subscription tier.

Revenue comes from SaaS and subscription plans β€” for example the ALTools AI subscription launch offer priced at KRW 5,900 per month with a daily usage allowance, and paid Studio Perso plans that grant commercial-use rights to generated videos β€” plus enterprise and public-sector project contracts for AI avatar, dubbing and kiosk deployments.

Traction

The company reports more than 20 successfully completed projects and 25 million cumulative ALTools users, with ALYac cited as trusted by 12 million users and platform claims referencing big data from 30 million people. Recent traction includes selection for the Korean government's K-FAST initiative supporting AI dubbing for K-content globalisation, inclusion of Perso Interactive as an AI use case in the ITU "AI for Good" Impact Report, participation in the Ministry of Science and ICT "AI Foundation Model" project, and advancement to the second stage of Korea's Independent AI Foundation Model Project within the LG AI Research-led K-EXAONE consortium, which received the highest score in the initial evaluation.

Latest developments

In 2025 ESTsoft was selected for Korea's K-FAST initiative and for the Ministry of Science and ICT "AI Foundation Model" project, partnered with ElevenLabs on Perso AI Dubbing, and had Perso Interactive featured in the ITU "AI for Good" Impact Report; researchers presented a duration-based multilingual dubbing framework at EMNLP 2025. In December 2025 it announced global K-content FAST channels ("TRAVEL ON", "GAME ON") on LG TV channels using its AI dubbing technology, with "FOOD ON" and "Series K" slated for Samsung TV Plus in January 2026. In January 2026 it advanced to the second stage of the Independent AI Foundation Model Project in the LG AI Research-led K-EXAONE consortium and exhibited an "AI Promoter" with Samsung Electronics at CES 2026. In February 2026 it signed an MOU with NTT and Nihon Kotsu to deploy Perso Interactive in Japanese taxis, and in March 2026 exhibited Perso Interactive at MWC Barcelona.

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

Market position

ESTsoft describes itself as moving from a global software specialist to an AI-based service company under a "Vision 2025" framing focused on pragmatism and immediately applicable, narrow-domain AI. Its ALTools suite is positioned as Korea's leading PC utility suite with 25 million cumulative users over 26+ years and more than 20 products, and its avatar business emphasises a large catalogue of Korean AI avatar models. Third-party listings characterise the company as a mature vendor in the data security category with more than 90% of Korean PC users said to use ALTools.

ESTsoft pairs a long-established consumer software distribution base in Korea with in-house avatar and speech deep-learning technology, offering avatars with cleared portrait rights and copyright, a specialised catalogue of Korean AI avatar models, dual-avatar interactive scenes, document- and PowerPoint-driven video creation, and on-device generation for kiosk and mobile deployments. Products span software, SDK and physical station form factors rather than a single cloud tool.

Technology

The company applies deep learning to generate AI avatars and digital humans, including AI clones of real people with cleared portrait and copyright status, natural gestures and facial expressions rendered on-device, vision-language understanding that reacts to speech and facial expressions in real time, and 4K video output. Dubbing and localisation rely on multilingual text-to-speech with 6,000+ voices, lip-sync generation, and a duration-based translation method that uses large language models to adjust phoneme counts for temporal alignment. Conversational products connect to third-party LLM APIs such as OpenAI GPT-3.5 and HyperCLOVA X, and the ALTools line embeds AI features including OCR, translation, summarisation, upscaling and background removal.

Go-to-market

ESTsoft combines direct enterprise and public-sector sales (contact-based inquiries, SDK integrations and kiosk deployments) with self-serve free trials and subscriptions for Perso Dubbing, Studio Perso and ALTools. It also uses partnerships and government programs for distribution, and exhibits at international trade events including CES 2026 with Samsung Electronics and Mobile World Congress in Barcelona, where Perso Interactive was shown across mobility, information, retail media, customer experience and developer ecosystem zones.

Enterprises, public institutions and education organisations, plus consumer PC and mobile users of the ALTools suite. Marketed use cases for the interactive avatar products span retail and live commerce, exhibitions and fairs, airports and transportation hubs, hotels and tourism sites, sports venues and festivals, and libraries and public agencies; dubbing and avatar video products target YouTube creators, podcasts, marketing, e-learning, HR and religious organisations.

Geography

Headquartered in Seoul, South Korea, with a stated worldwide service area. Products support multilingual delivery (110-country language coverage for interactive avatars, 32 languages for dubbing), and recent activity extends to Japan through a memorandum of understanding with NTT and Nihon Kotsu, to global FAST channel distribution on LG TV channels and Samsung TV Plus, and to international trade events in the United States and Spain.

History

Founded in 1993 in Seoul (incorporated 2 October 1993 per Wikipedia; 24 September 1993 per Grokipedia, which names founder Kim Jang-Joong and an original name of Emotional Science Technology), the company started with desktop and business software and an early free word processor distributed as shareware. ALZip launched in 1999, InternetDisk 1.0 in January 2000 and ALSee in August 2000, building the ALTools brand. ESTsoft listed on KOSDAQ in 2008 (ticker 047560), entered gaming with Cabal Online in Korea in 2005 through subsidiary ESTgames and a North American launch on 3 March 2008, later adding Cabal 2 and a Cabal Mobile beta in February 2019. Security products were spun off into ESTsecurity in January 2017. A strategic pivot to AI began in 2016 under CEO Chung Sang-won, culminating in the Perso AI product family launched in 2024 and the Alan AI search engine.

Risks & controversies

Financial and headcount figures vary across sources: Wikipedia reports 173 employees in 2024, Grokipedia around 234 employees and a market capitalisation of roughly $153 million as of late 2023, and a third-party vendor database estimates 251–500 employees and about $70.1 million in revenue. Founding date is also reported inconsistently (2 October 1993 versus 24 September 1993). The company's conversational products depend on third-party large language models and voice partners such as OpenAI, HyperCLOVA X and ElevenLabs, and several growth initiatives rely on Korean government programs and partner platforms. The English Wikipedia article on the company carries maintenance notices concerning promotional tone and notability.

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

Key figures

latest reported
ALTools AI subscription priceJan 20265,900 KRW/month
ALTools productsJan 202620 products
ALYac usersJan 202612,000,000 users
Completed projectsJan 202620 projects
Cumulative ALTools usersJan 202625,000,000 users
EmployeesJan 2024173 people
Employees (estimate)Jan 2023234 people
Estimated employees (third-party vendor database)Jun 2026251-500
Estimated revenue (third-party vendor database)Jun 2026$70.1M
Languages supported by Perso DubbingJan 202632 languages
Languages supported by Perso InteractiveJan 2026110 languages
Market capitalizationJan 2023$153M
Multilingual voices in Studio PersoJan 20266,000 voices
Patents heldJan 202377 patents
Software users recognizedJan 202630,000,000 users
Years of ALTools serviceJan 202626 years

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

Timeline Β· 19

launches, deals, and filings
Mar 2026
Exhibited Perso Interactive at MWC Barcelona

Showcased across five zones: Mobility, Information, Retail Media, Customer Experience and Developer Ecosystem.

source β†—

Feb 2026
MOU with NTT and Nihon Kotsu for Perso Interactive in Japanese taxis

Agreement to introduce the real-time conversational AI avatar service into Japanese taxis for real-time interpretation, tourism information and restaurant recommendations.

source β†—

Jan 2026
Advanced to second stage of Independent AI Foundation Model Project

Progressed as part of the LG AI Research-led consortium developing the sovereign AI model K-EXAONE, which received the highest score in the initial evaluation.

source β†—

Jan 2026
AI Promoter exhibited with Samsung Electronics at CES 2026

Shown during Samsung's 'The First Look' event; combines on-device AI and object recognition to present information on Samsung flagship products.

source β†—

Dec 2025
Global K-content FAST channels launched on LG TV channels

Announced launch of AI-dubbed free ad-supported streaming channels including 'TRAVEL ON' and 'GAME ON', with 'FOOD ON' and 'Series K' scheduled for Samsung TV Plus in January 2026.

source β†—

Nov 2025
EMNLP 2025 demonstration of duration-based multilingual dubbing framework

ESTsoft researchers presented an end-to-end multilingual dubbing framework using large language models to adjust phoneme counts for temporal alignment.

source β†—

Aug 2025
Selected for Ministry of Science and ICT 'AI Foundation Model' project

source β†—

Jan 2025
Perso Interactive featured in ITU 'AI for Good' Impact Report

Included as an AI use case in the International Telecommunication Union report.

source β†—

Jan 2025
Selected for Korean government K-FAST initiative

Chosen for the government program supporting AI dubbing technology to globalize K-content.

source β†—

Jan 2025
Partnership with ElevenLabs on Perso AI Dubbing

source β†—

Jan 2024
Perso AI product family launched

Launch of Perso AI Dubbing, Studio Perso and AI Live Chat.

source β†—

Jan 2020
Minister of Science and ICT Award at the Artificial Intelligence Grand Challenge

Recognition received by ESTsoft's A.I. PLUS Lab.

source β†—

Jan 2017
Security division spun off as ESTsecurity Co., Ltd.

source β†—

Mar 2008
Cabal Online North American launch

Launched in North America through publisher OGPlanet.

source β†—

Jan 2008
Listed on KOSDAQ (ticker 047560)

ESTsoft listed on the KOSDAQ market of the Korea Exchange under ticker 047560.

source β†—

Jan 2005
Cabal Online released in Korea

ESTsoft entered the gaming sector with the MMORPG Cabal Online via subsidiary ESTgames.

source β†—

Aug 2000
ALSee image viewer released

source β†—

Jan 2000
InternetDisk 1.0 released

Online storage and file-sharing service launched.

source β†—

Jan 1999
ALZip file compression program launched

ESTsoft released ALZip, a file compression utility that became widely used in South Korea and anchored the ALTools brand.

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 Estsoft do?
South Korean software firm behind the ALTools utility suite, now building conversational AI avatar, dubbing and AI search products.
Who are Estsoft's investors?
Estsoft's investors include Atinum Investment Co. Ltd..