WISEnut

What WISEnut does

WISEnut (KOSDAQ: 096250) is a South Korean enterprise AI software vendor founded in 2000 and headquartered in Seongnam, Gyeonggi Province. The company builds and sells AI agent, RAG (Retrieval-Augmented Generation), NLP-based chatbot, and enterprise search solutions, anchored by three core products: WISE iRAG (Korea's first packaged RAG solution combining keyword and vector search), WISE iChat (AI hybrid chatbot available in on-premise and SaaS variants), and Search Formula-1 (integrated enterprise search with the largest domestic deployment count). The stack extends to WISE Agent Sphere (multi-agent orchestration), WISE Agent Labs (agent-building tooling with multi-LLM, RAG, and MCP support), and WISE LLOA, a four-tier domain-specialized LLM family that includes multimodal capabilities in the Ultra tier. Technology is grounded in 25 years of proprietary Korean NLP, machine learning, text mining, semantic analysis, and vector search, with validation through AAAI 2021 and consecutive HCLT best-paper awards.

The company sells primarily through direct enterprise sales and government public procurement, with eight product categories registered on Korea's Digital Service Mall where it holds #1 sales share across AI chatbot (70.6%), data/analysis (56.3%), and search (39.2%) categories in 2024. Customer segments skew heavily toward public sector and government (Hwaseong City, Korea Expressway Corporation, Korea Employment Information Service, Korea Veterans Agency, KIHASA), with finance (Shinhan Bank, Korea Southern Power), education (Ewha, Korea University), and healthcare as secondary verticals; beauty retail was added in 2026 through the LG H&H K-beauty AI Agent project. Revenue is generated via a mix of one-time enterprise licenses (on-premise deployments), recurring SaaS subscriptions (WISE Answerny and AI Agent SaaS), and government-funded R&D project services; 2023 revenue was 352 billion KRW and Q1 2026 revenue grew 33.8% year-over-year to 72.2 billion KRW, with the AI Agent segment rising from 1.3% to 43.3% of mix.

WISEnut completed its KOSDAQ IPO in January 2025 at 17,000 KRW per share and announced a 100 billion KRW self-tender buyback in June 2026. Strategic partnerships with Naver Cloud (HyperCLOVA X LLM), FuriosaAI (on-premise NPU appliance), MegaZone Cloud (international GTM), CII Lab (GPU orchestration), and Eunfin (audit AI) extend the platform into an integrated multi-vendor stack. The company employs approximately 300 people, conducts large-scale hiring twice yearly, and serves roughly 6,500 cumulative B2B customer references spanning 70+ AI agent deployments, 500+ chatbot projects, and 4,000+ search projects. Q1 2026 showed improving but still negative operating results (26.5 billion KRW operating loss), reflecting margin pressure during the rapid AI Agent ramp against a backdrop of 11+ consecutive years of prior operating profitability through 2023.

Name

WISEnut

Legal name

Wisenut Co.,Ltd.

Website

https://wisenut.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

WISEnut is a South Korean enterprise AI software vendor (KOSDAQ: 096250) selling RAG, chatbot, and AI agent platforms anchored by WISE iRAG, WISE iChat, Search Formula-1, and the WISE LLOA domain LLM, serving primarily government, finance, and education customers via direct sales and the public procurement channel.

Ownership category

akta.pro rank

Product category

Enterprise AI Software

NAICS

Software Publishers (5132), Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ)

akta.pro secondary industries

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA), Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent) (HDAAACAF), Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH), Generative AI & LLM Solutions Services (RAG, Agents, Copilots) (BPAEAHAG)

Keywords

• Enterprise AI agents
• RAG generative AI
• AI chatbot solutions
• Natural language processing
• Enterprise search software

Headquarters

HQ city

Seongnam

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, Infrastructure, Operations

Revenue model

1. Search Solutions (License/SaaS): Enterprise integrated search software licensing (on-premise) and SaaS models; Search Formula-1 is the flagship product with the largest domestic deployment count
2. AI Chatbot Solutions (License/SaaS): On-premise AI chatbot licensing (WISE iChat) and cloud-based SaaS chatbot (WISE Answerny); both license and subscription models available
3. AI Agent / RAG Solutions: WISE iRAG (RAG-based generative AI) and AI agent platform solutions sold as enterprise licenses and SaaS; the fastest-growing revenue stream (43.3% of total Q1 2026 revenue, up from 1.3% YoY)
4. Data Collection, Analysis & Text Mining: Big data collection, analysis, and text mining solutions; also offered via government data voucher programs
5. Online Advertising Services: Display network advertising services (애드플러스) including banner ads, targeted advertising, and ad agency services for major media partners
6. Government-Funded R&D Projects: Revenue from government-sponsored research and development projects (e.g., AI legal services 142B KRW project, K-beauty AI Agent 3B KRW, Korea Employment 2.8B KRW); contributes to overall revenue while funding technology development

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

WISEnut develops and sells enterprise AI software including RAG-based generative AI (WISE iRAG), AI hybrid chatbots (WISE iChat / WISE Answerny), integrated enterprise search (Search Formula-1), domain-specialized LLMs (WISE LLOA), and multi-agent orchestration platforms (WISE Agent Sphere / WISE Agent Labs). The company combines 25 years of proprietary NLP, semantic search, and machine learning technology to deliver on-premise and SaaS AI solutions to government agencies, financial institutions, and large enterprises.

Product overview

WISEnut is an enterprise AI software company offering a platform-plus-modules product architecture anchored by three core products: WISE iRAG (RAG-based knowledge retrieval and generative AI), WISE iChat (AI hybrid chatbot), and Search Formula-1 (integrated enterprise search). The product line extends through WISE Agent Sphere (multi-agent orchestration platform), WISE Agent Labs (all-in-one agent-building tool with multi-LLM/RAG/MCP support), WISE LLOA (four-tier domain-specialized LLM family: Core, Pro, Max, Ultra), and Vector Search (semantic search module). Cloud/SaaS chatbot delivery is handled via WISE Answerny. The portfolio is unified around AI agents that combine proprietary NLP, RAG-based knowledge retrieval, and generative AI to deliver domain-specific automation across public, financial, manufacturing, beauty retail, and employment sectors.

Differentiator

Problem solved

Functional benefit

Brands

• WISE iRAG: RAG-based AI agent solution combining keyword and vector search for optimal results
• WISE iChat
• Search Formula-1
• WISE LLOA
• WISE Agent Sphere
• WISE Agent Labs
• WISE Answerny

Products and services

• WISE iRAG Enterprise RAG-based generative AI solution combining proprietary hybrid keyword search with semantic vector search; retrieves relevant enterprise data and feeds it into LLMs to deliver hallucination-reduced, accurate AI answers for government and enterprise customers.
• WISE iChat On-premise AI hybrid chatbot solution that fuses 25 years of proprietary NLP, machine learning, text mining, semantic analysis, and search technology; deployed across finance, public administration, education, travel, and logistics organizations.
• WISE Answerny

Quantifiable outcome

• AI Agent segment revenue grew 4,274%+ YoY in Q1 2026 (from 0.7B to 31.3B KRW), reaching 43.3% of total revenue
• +5 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability11 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• LG Household & Health Care (LG생활건강)coreStrategic or Co-development Partner · 11 June 2026Lead demand organization in the 2026 AI Agent Convergence & Diffusion Support Project (K-beauty retail task, 3B KRW, through 2027); LG H&H provides actual e-commerce environment for AI demonstration; WISEnut develops beauty domain-specific LLM fine-tuning, multi-agent configuration, and multimodal RAG; partner consortium also includes FuriosaAI (NPU) and TwiNit (data)
• Eunfin (유엔파인)coreStrategic or Co-development Partner · 25 March 2026Strategic MOU for AI agent-based audit business innovation; combining WISEnut's WISE iRAG and WISE LLOA with Eunfin's U-Audit v2.0 (next-gen electronic audit solution); building a public sector audit AI agent standard model for immediate market expansion based on reference cases
• CII Lab (씨이랩)coreTechnology or Integration · 9 January 2025MOU to combine CII Lab's GPU orchestration technology (Astrago solution for maximizing GPU utilization) with WISEnut's RAG platform for multimodal data processing; goal to reduce AI infrastructure costs and expand AI agent business in public and private sectors
• MegaZone Cloud (메가존클라우드) - cloud-based AIcoreGTM or Marketing Partner · 22 August 2024MOU for cloud-based AI business cooperation; joint efforts to expand generative AI and cloud-based AI and big data services domestically and internationally; both companies plan to leverage their respective networks and expertise to target public sector and global markets
• Gshopper (지쇼퍼)minorOthers · 2 August 2021WISEnut founded Gshopper (formerly WISEnut's subsidiary) as a global e-commerce platform; WISEnut retains approximately 30% equity stake; Gshopper operates independently as a cross-border e-commerce platform
• Naver Cloud (네이버클라우드)coreTechnology or IntegrationMSP (Managed Service Provider) partnership for HyperCLOVA X-based AI services; WISEnut provides RAG technology and domain-specific AI implementation while Naver Cloud provides HyperCLOVA X large language model infrastructure; joint Go-to-Market for enterprise AI projects; first collaboration was the Hwaseong City AI civil complaint assistant combining WISE iRAG with HyperCLOVA X, selected as a Digital Platform Government model case
• MegaZone Cloud (메가존클라우드)coreGTM or Marketing PartnerCloud-based AI business cooperation MOU; leveraging WISEnut's RAG-based generative AI technology and MegaZone Cloud's cloud management expertise for public and global market expansion; collaborative Go-to-Market for cloud-based AI solutions
• FuriosaAI (퓨리오사AI)coreTechnology or IntegrationStrategic collaboration combining WISEnut's WISE iRAG (RAG-based AI agent) and WISE LLOA (domain-specific LLM) with FuriosaAI's 2nd-gen Renegade (RNGD) NPU; jointly developed on-premise AI Appliance enabling high-performance AI inference in air-gapped environments without complex infrastructure; FuriosaAI supplied 4,000 RNGD units for initial production; first live demonstration at AI EXPO KOREA 2026 and FuriosaAI's Renegade 2026 Summit
• AX Alliance (6-company consortium: Cloocus, Nurier Systems, Ringnet, TwoLineCode, WISEnut, Wiz)minorStrategic or Co-development PartnerLaunched in July 2024: alliance of 6 AI companies providing end-to-end enterprise AI platform construction services; WISEnut contributes RAG technology, LLM application development, and training data management/fine-tuning; other partners cover cloud infrastructure, security, MSA/API, and AI portal development

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Saltlux: Korean AI/NLP company specializing in semantic search, big data analytics, AI chatbots, and enterprise AI platforms. Most direct comparable to WISEnut as both offer Korean-language NLP, enterprise search, and AI agent solutions to government and B2B customers.
• Cloocus: Korean AI company and fellow AX Alliance member providing enterprise AI platform construction; works with WISEnut through the 6-company consortium. Overlaps in enterprise AI implementation and infrastructure services for government and B2B customers.
• Nuria / Nurier Systems: Korean AI company and AX Alliance member providing AI solutions to public and private sectors. Comparable to WISEnut in targeting government AX projects and mid-market enterprise AI deployments.
• Twolinecode (투라인코드): Korean AI consulting and platform company and AX Alliance member. Provides end-to-end AI implementation services comparable to WISEnut's enterprise AI agent projects.

Broad incumbents

• Naver Cloud: Operator of HyperCLOVA X LLM and Korea's leading cloud platform; both a partner (MSP for WISE iRAG+HyperCLOVA X deployments) and a competitor in enterprise AI agent services. Competes directly through Naver Cloud's own CLOVA Chatbot and AI services.
• LG CNS: Major Korean IT services company with AX-focused AI agent offerings for enterprise and public sector. Competes with WISEnut on government AI transformation projects and large enterprise deals; broader portfolio includes system integration and consulting.
• Kakao Enterprise: Korean enterprise AI arm of Kakao offering chatbots, NLP services, and AI platforms. Overlaps with WISEnut in customer-facing chatbot solutions for finance, retail, and public sector, leveraging Kakao's consumer brand and platform reach.
• Samsung SDS: IT services arm of Samsung Group providing enterprise AI, cloud, and digital transformation services. Competes with WISEnut for large enterprise and government contracts; also a historical investor in WISEnut. Brute cloud, broader portfolio, and corporate relationships.
• SK C&C (SK Inc.): Major Korean IT services and system integration company offering enterprise AI and digital transformation solutions. Competes with WISEnut for large enterprise contracts; broader services portfolio includes cloud and ERP.
• Douzone (더존비즈온): Korean enterprise software and ERP company increasingly providing AI-driven solutions including chatbots and AI assistants. Overlaps with WISEnut in Korean enterprise AI software market with broader ERP customer footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/WISEnut_Inc
• Facebookfacebook.com/withwisenut
• LinkedInlinkedin.com/company/6802680

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about WISEnut