Fundraising Fox

Nrise

2 known investors

NRISE operates consumer mobile services including Wippy, a social dating/matching app connecting men and women in their 20s-30s in Korea and Japan, and Quat, a home-training fitness subscription app. The South Korean company focuses on social connection and healthy-habit products.

Also known as (주)엔라이즈 · NRISE Inc. · NRISE Japan · 엔라이즈

Founders & leadership

KD
Kim Dae-geunCTO

Investors · 2

Company profile

researched Aug 2026

NRISE Inc. (엔라이즈) is a Korean consumer mobile company operating two principal services: WIPPY, a location-based social matching/social discovery app, and QUAT, an online home-training platform. WIPPY is positioned around meeting nearby people with shared interests, for both dating and friendship, and is available in Korea and, since 2024, in Japan. QUAT bundles exercise equipment, training content and diet products into a single subscription, allowing users to begin working out at home; the company describes it as a Korean online home-training service with more than 2,000 exercise content items available for unlimited viewing.

The company frames its mission around two axes: enabling comfortable encounters between people, and helping users form healthy habits. It maintains a Japanese entity/site presenting Korea and Japan as its starting points for wider international growth, with a localization approach adapting services to each market's culture and needs. NRISE also runs a dedicated careers site and publishes team interviews, including with its CTO and the Product Owner of WIPPY Japan.

Earlier products in the company's history include MOCI (also rendered MCI), an anonymous social networking service launched in November 2014 that reached one million cumulative registered users by May 2015 and five million by November 2018."]

Business model

Consumer app operator monetizing mobile services directly with users: QUAT is sold as a subscription that bundles unlimited access to exercise content together with exercise equipment and diet products, while WIPPY operates as a social matching app in Korea and Japan.

Subscription revenue from QUAT (reported as a tracked monthly metric) and revenue from the WIPPY matching service; company communications reference WIPPY holding a top revenue position in its category in Korea for five consecutive years.

Traction

Reported milestones include over 10 million cumulative WIPPY downloads (September 2023), over 8 million cumulative WIPPY matches (March 2023), more than 12 million cumulative views of QUAT content (June 2023), over 450,000 QUAT users, more than 2,000 exercise content items, and MOCI reaching 5 million cumulative registrants (November 2018). Company news reports rising QUAT subscription revenue in January 2025 and a second consecutive year of profitability attributed to QUAT and WIPPY.

Latest developments

In February 2025 the company reported growth in QUAT's January subscription revenue and other key indicators amid increased home-training demand. In October 2025 WIPPY officially opened its Korea–Japan matching feature connecting Korean and Japanese users in their 20s and 30s. In April 2026 the company reported achieving profitability for a second consecutive year, citing the performance of QUAT and WIPPY.

Full profile — market position, technology, go-to-market, geography, history

Market position

The company positions WIPPY as a leading Korean local-oriented social discovery app and describes QUAT as Korea's No. 1 online home-training service, likened to a "Netflix for fitness," with more than 450,000 users.

Technology

Mobile app platforms for social matching (interest- and neighborhood-based discovery, cross-border Korea–Japan matching) and for streaming home-training content at scale, with a product-led engineering organization led by CTO Kim Dae-geun.

Go-to-market

Direct-to-consumer distribution via mobile app stores, supported by app-store featuring (QUAT was selected as an Apple App Store App of the Day and editor's pick in July 2021), and market entry into Japan through a localized WIPPY Japan product and a Japanese corporate site.

Consumers in Korea and Japan, in particular men and women in their 20s and 30s using WIPPY for dating and friend-making, and home-exercise users seeking guided workout content and equipment through QUAT.

Geography

Headquartered in South Korea with a Japanese presence (NRISE Japan site and WIPPY Japan, launched August 2024); the company states it pursues growth in global markets starting from Korea and Japan using a localization strategy.

History

NRISE was established in July 2011. It launched the anonymous social networking service MOCI in November 2014, which passed one million cumulative registered users in May 2015 and five million in November 2018. The social matching service WIPPY launched in September 2017. In June 2020 the company launched the online home-training platform QUAT, which was selected as an Apple App Store "App of the Day" and editor-recommended app in July 2021. WIPPY surpassed eight million cumulative matches in March 2023, QUAT content passed 12 million cumulative views in June 2023, and WIPPY exceeded ten million cumulative downloads in September 2023. WIPPY Japan launched in August 2024, and a formal Korea–Japan matching feature opened in October 2025.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
MOCI cumulative registered usersNov 20185,000,000 users
QUAT cumulative content viewsJun 202312,000,000 views
QUAT exercise content itemsJan 20252,000 items
QUAT usersJan 2025450,000 users
WIPPY category revenue ranking (Korea)Jan 2025No. 1 in revenue for five consecutive years
WIPPY cumulative downloadsSep 202310,000,000 downloads
WIPPY cumulative matchesMar 20238,000,000 matches

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

Timeline · 14

launches, deals, and filings
Apr 2026
NRISE reports second consecutive profitable year

Company news item credits the performance of QUAT and WIPPY.

source ↗

Oct 2025
WIPPY officially opens Korea–Japan matching feature

Feature connects Korean and Japanese men and women in their 20s and 30s.

source ↗

Feb 2025
QUAT reports growth in January subscription revenue and other key indicators

Company news item attributing the increase to rising home-training demand.

source ↗

Aug 2024
Launch of WIPPY Japan

source ↗

Sep 2023
WIPPY surpasses 10 million cumulative downloads

source ↗

Jun 2023
QUAT content surpasses 12 million cumulative views

source ↗

Mar 2023
WIPPY surpasses 8 million cumulative matches

source ↗

Jul 2021
QUAT selected as Apple App Store App of the Day and editor-recommended app

source ↗

Jun 2020
Launch of online home-training platform QUAT

source ↗

Nov 2018
MOCI reaches 5 million cumulative registered users

source ↗

Sep 2017
Launch of social matching service WIPPY

source ↗

May 2015
MOCI reaches 1 million cumulative registered users

source ↗

Nov 2014
Launch of anonymous social networking service MOCI

source ↗

Jul 2011
NRISE Inc. established

source ↗

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

Research sources · 6

primary sources listed

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

Frequently asked questions

What does Nrise do?
South Korean and Japanese consumer app operator behind social matching service WIPPY and home-training subscription QUAT.
Who are Nrise's investors?
Nrise's investors include Colopl Next, LB Investment.