What Quota Lab does

Quota Lab Co., Ltd. (쿼타랩 주식회사), headquartered in Seoul, South Korea, is a financial-infrastructure SaaS provider operating two core platforms — QuotaBook (쿼타북) and KiiPS (킵스) — that serve the full lifecycle of private and listed equity in the Korean capital market. QuotaBook is a cloud-based securities and equity management platform covering stocks, bonds, stock compensation (RSU, phantom stock, virtual stock), voting rights, shareholder registers, and regulatory reporting for both unlisted startups and listed corporates. KiiPS is a fund and investment management ERP for General Partners and Limited Partners that handles fund formation, capital calls, distributions, LP reporting, and cash-flow simulation, integrated with banks, tax portals, and corporate-card systems. The two platforms are supplemented by professional services in stock-compensation consulting (including Korea's first RSU and virtual stock services for unlisted companies) and IPO preparation consulting. The portfolio is anchored by the 2023 acquisition of Logos System, a venture-investment platform that extended QuotaLab's reach into GP-side workflow management.

The company serves three primary customer segments — issuer companies (startups through large corporates such as Kakao, HYBE, Krafton, Toss, Market Kurly, and Bucketplace), GP operators (Korea Investment Partners, Woori Venture Partners, Shinhan Venture, IMM PE, Lotte Ventures), and LP investors (Korea Venture Investment Corp., KDB, IBK) — alongside financial-institution partners (NH Investment & Securities, KB Securities, Hanwha Investment & Securities) that distribute the stock-compensation service through their trading platforms. QuotaLab monetizes via per-company SaaS subscriptions for QuotaBook and per-fund flat-rate subscriptions for KiiPS (regardless of fund size), with quote-based enterprise pricing and add-on consulting engagements. The company is regulated under Korean financial-market rules, holds ISO/IEC 27001:2022 certification, and was designated in December 2025 as an official unlisted-stock electronic registration institution, embedding the platform within national market infrastructure.

QuotaLab is a privately held, venture-backed company that has raised capital from Y Combinator (W21), Capstone Partners, Draper Associates, Goodwater Capital, Carta, Elefund, and a roster of Korean institutional and corporate venture investors including Hana Bank, Shinhan Investment, Lotte Ventures, and Korea Investment Partners (the latter simultaneously a customer and investor). Operations span approximately 11-12 countries, and the company has stated an ambition to pursue a public listing.

Name

Quota Lab

Legal name

쿼타랩 주식회사

Website

https://quotalab.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Quota Lab Co., Ltd. builds QuotaBook (equity/securities management) and KiiPS (fund/investment ERP) cloud platforms for Korean companies, venture/PE GPs, and LP investors, with consulting for stock compensation and IPOs across 11 countries.

Ownership category

akta.pro rank

Product category

Capital Markets Infrastructure Software

NAICS

Software Publishers (513210)

akta.pro primary industry

Equity Compensation & Global Share Plan Administration (BPACAHAI)

akta.pro secondary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

Keywords

• Equity management software
• Securities administration platform
• Fund management ERP
• Stock compensation services
• Cap table management

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription - QuotaBook: Cloud-based equity management platform subscription for companies (listed and unlisted), covering securities administration, voting rights, stock compensation, and shareholder management. Revenue derived from annual or multi-year subscription contracts billed per company or per fund.
2. SaaS Subscription - KiiPS: Fund and investment management ERP subscription for GP operators and LP investors. Billed on a per-fund flat-rate basis regardless of fund scale. Covers fund formation, operation, reporting, and dissolution.
3. Stock Compensation Consulting: Professional consulting services for equity compensation plan design, system implementation, and employee education. Provided as an add-on or standalone engagement integrated with QuotaBook platform deployment.
4. IPO Consulting: End-to-end IPO preparation consulting covering securities administration, electronic securities issuance, disclosure preparation, underwriter coordination, and shareholder register management for companies seeking listing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Quota Lab operates two cloud-based SaaS platforms: QuotaBook, an equity and securities management platform for Korean listed and unlisted companies covering stocks, bonds, stock compensation (RSU, phantom stock, virtual stock), voting rights, and shareholder registers; and KiiPS, a fund and investment management ERP for General Partners and Limited Partners covering fund formation, capital calls, distributions, LP reporting, and fund dissolution. The platforms are complemented by stock compensation consulting and IPO preparation consulting services.

Product overview

Quota Lab operates a dual-product platform strategy serving Korea's capital markets. The core portfolio consists of QuotaBook (쿼타북), a securities and equity management SaaS platform handling stocks, bonds, stock-based compensation (RSU, phantom stock), shareholder rights, and investor relations from unlisted through listed stages; and KiiPS (킵스), a cloud-based fund and investment management ERP for GPs and LPs covering fund lifecycle, capital calls, distributions, and reporting. These two platforms are complemented by two specialized consulting services — stock compensation consulting (주식보상 컨설팅) covering RSU/phantom stock plan design and operations, and IPO consulting (IPO 컨설팅) covering securities administration, electronic issuance, and listing preparation. The company previously acquired Logos System (로고스시스템) to expand its unlisted financial platform. Services are available domestically and across 11 countries globally.

Differentiator

Problem solved

Functional benefit

Brands

• QuotaBook (쿼타북): Securities management platform for equity, voting rights, and business reporting. Covers issuance and management of stocks, bonds, stock-based compensation, and shareholder democracy. Also offers RSU, virtual stock, and stock option management for both listed and unlisted companies. Korea's first and only platform covering the full lifecycle from unlisted to listed companies.
• KiiPS (킵스)
• Logos System (로고스시스템)

Products and services

• QuotaBook (쿼타북) A securities and equity management cloud platform enabling companies to manage stocks, bonds, stock compensation (RSU, phantom stock, virtual stock), shareholder rights, voting rights, and investor communications across the full corporate lifecycle from unlisted to listed.
• KiiPS (킵스) A cloud-based fund and investment management ERP system for General Partners (GPs) and Limited Partners (LPs) covering fund formation, operations, capital calls, distributions, LP reporting, IRR calculation, cash flow simulation, and fund dissolution, with integrations to bank accounts, tax portals, and corporate cards.
• Stock Compensation Consulting (주식보상 컨설팅) End-to-end consulting and software service for designing, implementing, and managing employee stock compensation plans (RSU, phantom stock, stock options, virtual stock), including compliance, accounting, employee education, vesting schedules, and exercise management.
• IPO Consulting (IPO 컨설팅) IPO preparation consulting covering securities administration, electronic securities issuance, disclosure preparation, underwriter coordination, and shareholder register management for companies preparing for listing on KOSPI/KOSDAQ or other exchanges.

Quantifiable outcome

• Managing unlisted stocks worth 40 trillion+ KRW (approximately $30B+ USD equivalent) across 22,600+ companies
• +3 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NH투자증권 (NH Investment & Securities)coreStrategic or Co-development Partner · 9 April 2025Business agreement signed in April 2025 for stock-linked compensation (주식연계보상) services. QuotaBook's equity compensation management was integrated into NH Investment & Securities' MTS platform, enabling their customers to access stock compensation services. The partnership surpassed 40 consulting client companies by July 2025. Co-marketing and co-development of integrated stock compensation services.
• 코오롱베니트 (Kolon Benet)minorStrategic or Co-development Partner · 27 February 2025Business agreement to upgrade corporate disclosure solution 'xRManager' using QuotaLab's technology. Published in 세계일보 (Segye Ilbo) in February 2025.
• 에프앤가이드 (F&Guide)minorStrategic or Co-development Partner · 8 April 2024Business agreement signed in April 2024 to build a comprehensive venture platform combining QuotaLab's equity management with F&Guide's venture data and analytics.
• Logos System (로고스시스템)coreStrategic or Co-development Partner · 19 July 2023Acquired by QuotaLab in July 2023 for approximately 20-30 billion KRW. Logos System is a venture investment platform that strengthens QuotaLab's comprehensive unlisted financial platform serving startups, GPs, and LPs. Integration work was completed by December 2023.
• 하나은행 (Hana Bank)minorChannel Partner/ Reseller/ Distributor · 1 June 2021Partnership to provide 'unlisted stock issuance agency package' to startups. Hana Bank serves as a distribution channel for QuotaBook's services to their startup banking customers. QuotaLab also received investment from Hana Bank.
• 한국벤처투자 (Korea Venture Investment Corp.)coreStrategic or Co-development PartnerQuotaLab built and maintains Korea Venture Investment's comprehensive venture investment information system (VICS) and provides ongoing system integration and maintenance services. Long-standing operational partnership since 2018.
• 나이스평가정보 (NICE Evaluation Information)minorStrategic or Co-development PartnerPartnership agreement with NICE Evaluation Information for data and evaluation services supporting QuotaBook's equity management platform, established in 2019.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Carta: Carta is the dominant US cap table and equity management platform, directly comparable to QuotaBook. Carta is also an investor and initial advisory committee member of QuotaLab — making it both a peer and a strategic stakeholder.
• Pulley: Pulley is a US cap table management SaaS platform targeting startups and investors. Comparable to QuotaBook in core equity management, though Pulley focuses on the US market without QuotaLab's Korea-specific regulatory integration or fund management ERP.
• Ledgy: Ledgy is a European equity management and cap table platform serving startups and scale-ups. Comparable to QuotaBook for issuer-side cap table, ESOP, and reporting — competing in non-Korea geographies.
• Juniper Square: Juniper Square is a US fund management and investor reporting platform for GPs and LPs in commercial real estate and private equity. Directly comparable to KiiPS for GP/LP fund administration, LP reporting, and capital call workflows.

Broad incumbents

• Shareworks (Morgan Stanley at Work): Shareworks, now part of Morgan Stanley at Work, provides global equity plan administration and cap table management. Broad incumbent with deeper global coverage but less specialized in unlisted/Korean market dynamics than QuotaBook.
• iCapital Network: iCapital is a fintech platform for alternative investments, providing LP access to private funds and GP fund administration tooling. Adjacent incumbent to KiiPS for fund management workflows, particularly for institutional LP onboarding.

Emerging players

• Eqvista: Eqvista is a US cap table and equity management platform with strong 409A valuation services. Comparable to QuotaBook for cap table functionality, particularly for venture-stage companies managing RSUs and options.
• Capdesk: Capdesk is a UK-based equity management platform serving European startups, investors, and law firms. Comparable to QuotaBook for cap table, employee equity plans, and shareholder communications.
• AngelList (now Toptal Ventures / AngelList Venture): AngelList provides cap table, fund formation, and rolling fund management for VCs and angel investors. Comparable to KiiPS for GP fund administration and comparable to QuotaBook for portfolio company cap tables.
• KoreConX: KoreConX is a global cap table and shareholder management platform for private companies, with focus on regulatory compliance across jurisdictions. Comparable to QuotaBook for cross-border equity management — albeit with weaker Korea-specific depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/quotalab

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors28 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quota Lab