Yanadoo
2 known investors
South Korean online English-learning company that also runs the Yafit Cycle metaverse home-training service.
Also known as Yanadoo Corp. Β· YANADOO KOREA Inc. Β· μΌλλ
Investors Β· 2
Valuation Β· disclosed
Disclosed eventsSource: 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 2026Yanadoo (Yanadoo Corp., also referenced as YANADOO KOREA Inc.) is a South Korean education company established in 2016 and headquartered in Seoul. Its core offering is an online English-language learning platform built around structured, interactive courses and a roughly 10-minute daily study model intended to help users progress from basic phrases to full conversations. Product lines reported in 2022 include Yanadoo English, Yanadoo Class, Yanadoo School and Yanadoo Kids.
The company has extended from education into metaverse-based exercise, operating the Yafit Cycle home-training application, in which users exercise in a virtual environment with game-like and reward mechanics, alongside a Yafit Rider service. Management has described a strategy of transforming Yanadoo into a metaverse platform company centered on exercise and education, including a planned premium tier combining the Yafit app with Garmin's Tacx high-end indoor cycle trainer, and stated plans to invest 50 billion won (about $30 million) in metaverse platform and service development.
Business model
Yanadoo sells access to online language-learning content and to its metaverse home-training service. Its education revenue model is described as subscription-based, with individual subscriptions and group learning plans, including a flagship 10-minute lifetime subscription; distribution combines direct-to-consumer sales with partnerships with educational institutions.
Subscription-based access to language-learning materials, sold directly to consumers and through group/institutional plans, complemented by its Yafit metaverse exercise services and a planned premium hardware-plus-app offering with Garmin's Tacx trainer.
Traction
Co-CEO Kim Jeong-soo stated that all business areas β Yafit Cycle, Yafit Rider, Yanadoo English, Yanadoo Class, Yanadoo School and Yanadoo Kids β produced results in the first half of 2022, with sales of 60 billion won (about $36 million) and a full-year target of 140 billion won (about $85 million). For fiscal 2019 the company reported revenue of KRW 36,338,475.50 and EBITDA of KRW 5,667,028.90 as recorded in a data provider profile.
Latest developments
In July 2022 Yanadoo announced a 30 billion won (about $18 million) investment from Q Capital at a 600 billion won corporate value, said it aimed to complete pre-IPO fundraising by attracting a further 20 billion won (about $12 million) from new investors and to pursue a listing in the second half of 2023, and disclosed plans for a Garmin Tacx-based premium Yafit service and 50 billion won of investment in its metaverse platform.
βΈFull profile β market position, technology, go-to-market, geography, history
Market position
Positioned as a Korean online English-education provider that has diversified into metaverse-centered fitness; the company was valued at 600 billion won (about $365 million) in its July 2022 investment and has stated an ambition to become a leading exercise- and education-focused metaverse platform.
Technology
Mobile and web learning platform delivering interactive course content, and a metaverse home-training application (Yafit Cycle) that renders indoor cycling as virtual-world gameplay, with planned integration to Garmin's Tacx indoor cycle trainer hardware.
Go-to-market
Direct-to-consumer subscription sales supported by partnerships with educational institutions, a YouTube channel presence, and hardware/brand partnerships such as the planned Garmin Tacx premium bundle.
Consumer learners in South Korea, including students and working professionals seeking English communication skills, plus home-exercise users of the Yafit Cycle app.
Geography
Headquartered in Seoul, South Korea, with the South Korean market as its primary focus and stated plans to expand into other Asian markets.
History
Founded in 2016 in Seoul as an online English-learning platform, Yanadoo later entered the home-training market with the Yafit Cycle app, applying learner-motivation methods from its education business. Backed by Kakao Corp. and other investors, it raised 30 billion won from Q Capital in July 2022 at a 600 billion won valuation and outlined a pre-IPO round of an additional 20 billion won ahead of a targeted listing in the second half of the following year.
Compiled by commissioned research from 3 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 3
launches, deals, and filingsYanadoo said it would invest 50 billion won (about $30 million) in building its metaverse platform and developing services as it shifts toward exercise- and education-centered metaverse offerings.
$30M source β
Yanadoo received a 30 billion won (about $18 million) investment from Q Capital, setting its corporate value at 600 billion won (about $365 million), and said it intended to complete pre-IPO fundraising with an additional 20 billion won (about $12 million) from new investors ahead of a targeted listing in the second half of 2023.
$18M source β
The company said it would launch a premium service combining Garmin's high-end Tacx indoor cycle trainer with its Yafit metaverse home-training app.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 3
primary sources listed
- YANADOO KOREA Inc. (μΌλλ μ½λ¦¬μ) - YouTubeyoutube.com Β· web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Yanadoo do?
- South Korean online English-learning company that also runs the Yafit Cycle metaverse home-training service.
- Who are Yanadoo's investors?
- Yanadoo's investors include Aju IB Invesment Corporation, Atinum Investment Co. Ltd..