What SmartCore does

SmartCore (주식회사 스마트코어) is a Seoul-headquartered AI platform company, founded in 2012, that builds enterprise AI solutions on three proprietary architectural pillars: an Agnostic Connector that integrates heterogeneous legacy systems (ERP/MES, Oracle/MySQL, IoT sensors, CCTV) via REST/gRPC/MQTT without infrastructure replacement; F@AI federated learning, which keeps raw data at local sites (hospitals, factories, banks) and transmits only model weights for central aggregation; and an Ontology Engine that constructs knowledge graphs from disparate data sources and combines them with RAG to deliver logical, reasoning-based responses rather than pattern-matching. Its solutions are packaged as five named products — DevFit.ai (LLM/RAG project monitoring), GovLens (AI agent for South Korea's 나라장터 public procurement platform), AI PQC Solution (federated learning product quality control with multi-agent orchestration), UrbanEagle (edge AI CCTV enforcement using NVIDIA Jetson and YOLOv8), and Smart Public Safety (generative AI + ontology-based disaster management) — and a Smartcore Copilot internal AI assistant. The company holds 16 registered patents and received foundational AI source technology from ETRI in 2022.

The company sells exclusively through direct enterprise field sales into South Korean government agencies, financial institutions, manufacturers, smart city operators, and selected commercial accounts — there is no public pricing, with all inquiries routed through a structured web contact form. Revenue is generated via SaaS subscriptions for DevFit.ai, GovLens, and UrbanEagle, plus enterprise platform licensing and implementation services for AI PQC, Smart Public Safety, and custom F@AI deployments. Named customers and partners include SK Telecom (10+ year T-Guard security platform successfully completed in 2023), ETRI, Jongno-gu Office (multi-year smart city app 2023.07–2026.12), Jongno-gu Police Station (SafetyDrip upgrade 2025.09–2026.01), HDC Labs, SSG (Shinsegae), Korean Bookstore Association, and universities including Hankuk University of Foreign Studies and Korea University — totaling 70+ enterprise partners cited.

Operations are purely domestic, with headquarters at Daeryung Post Tower 6 in Seoul's Geumcheon-gu and a workforce of 11–50 employees. The business model combines long-cycle, multi-year enterprise contracts with newly launched SaaS offerings, and the company's public positioning emphasizes privacy-preserving AI, regulatory compliance (personal information and financial security law), and integration with existing infrastructure as the primary purchase drivers.

Name

SmartCore

Legal name

주식회사 스마트코어 (SmartCore Co., Ltd.)

Website

https://smcore.co.kr

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

SmartCore (주식회사 스마트코어) is a Seoul-based AI platform company founded in 2012 that builds federated learning (F@AI) and ontology-based enterprise solutions for South Korean government agencies, financial institutions, manufacturers, and smart city operators through products including DevFit.ai, GovLens, AI PQC Solution, UrbanEagle, and Smart Public Safety.

Ownership category

akta.pro rank

Product category

Enterprise AI Platform Software

NAICS

Software Publishers (5132), Computer Systems Design Services (541512), Computer Systems Design and Related Services (5415), Custom Computer Programming Services (541511)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

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

akta.pro secondary industries

Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG), Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH), AI/Analytics Video Surveillance (Detection, LPR, People Counting) (HSAHACAF)

Keywords

• Federated learning platform
• Enterprise AI software
• Public procurement intelligence
• Smart city AI solutions
• Product quality control

Headquarters

HQ city

Gasandong

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

Revenue model

1. SaaS Subscriptions (DevFit.ai, GovLens, UrbanEagle): SmartCore offers multiple SaaS products — DevFit.ai (AI-powered intelligent project monitoring), GovLens (AI agent for public procurement intelligence on 나라장터), and UrbanEagle (AI-based urban illegal dumping enforcement) — as subscription-based SaaS solutions. These are marketed as immediately deployable without separate infrastructure setup, suggesting tiered subscription pricing models.
2. Enterprise Platform Licensing & Custom Build: SmartCore generates revenue through enterprise contracts for customized AI platform deployment, including Smart Public Safety (disaster management control networks), AI PQC Solution (federated learning-based product quality control), and F@AI platform licensing for manufacturing, financial, and public institutions. These are typically multi-year enterprise agreements with implementation services bundled.
3. AI PQC Solution — Product Quality Control: AI PQC (Product Quality Control) Solution is a federated learning-based quality management system for manufacturing. Sold as an enterprise solution featuring multi-agent AI (quality agent, energy agent, predictive maintenance agent, orchestration agent). Revenue likely generated through platform licensing plus implementation services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

SmartCore develops and sells an enterprise AI platform built on three proprietary pillars — an Agnostic Connector that integrates legacy ERP/MES databases, IoT sensors, and edge devices through standardized API gateways, Federated Learning (F@AI) that trains models across institutions without moving raw data, and an Ontology Engine that constructs knowledge graphs for logical reasoning. It packages this platform into named commercial products (DevFit.ai SaaS project monitoring, GovLens public procurement intelligence, AI PQC federated quality control, UrbanEagle CCTV enforcement, Smart Public Safety disaster response) sold to Korean government agencies, financial institutions, manufacturers, and smart city operators.

Product overview

SmartCore is a universal AI assistant platform company offering a platform-plus-modules architecture. The core Agnostic Connector integrates heterogeneous systems (legacy DBs, ERP, IoT sensors) via standardized API gateway, while the F@AI (Federated Learning) module enables privacy-preserving collaborative AI training and the Ontology Engine builds knowledge graphs for logical reasoning. Named products include DevFit AI (SaaS project monitoring), GovLens (AI agent for public procurement intelligence), AI PQC Solution (federated learning quality control), UrbanEagle (edge AI CCTV monitoring), and Smart Public Safety (disaster management). Smartcore Copilot provides RAG-based AI assistance across the platform.

Differentiator

Problem solved

Functional benefit

Brands

• DevFit.ai: AI-powered SaaS intelligent project monitoring solution using LLM and RAG technology to predict project success rates and identify risks.
• GovLens
• AI PQC Solution
• UrbanEagle
• Smart Public Safety

Products and services

• DevFit AI (DevFit.ai) SaaS intelligent project monitoring solution using LLM and RAG that analyzes project outputs and history to predict project success probability, identify risks early, and provide cost-reduction guidance. Built for project-based IT organizations with no separate infrastructure setup required.
• GovLens AI agent-based public procurement intelligence platform targeted at IT companies bidding on South Korea's 나라장터 (KONEPS). Monitors bidding announcements 24/7, analyzes thousands of award records against company capabilities, and instantly provides winning probability, recommended bid price range, competitor predictions, and automatic RFP summarization with capability-gap analysis.
• AI PQC Solution Federated learning (F@AI) based product quality control solution for manufacturers. Performs local learning at each factory and uploads only pattern weights to the central server, predicting final product quality while blocking leakage of confidential process data. Orchestrates quality, energy, predictive maintenance, and orchestration agents for end-to-end manufacturing optimization.
• UrbanEagle Edge AI-based urban enforcement system using NVIDIA Jetson Orin NX and YOLOv8 object detection for 24/7 real-time automatic detection of illegal dumping on CCTV footage. Automates detection, evidence collection, fine imposition, and complaint handling, and uses Kakao Maps hotspot analysis for staffing optimization. Built for city governments and municipal authorities.
• Smart Public Safety Intelligent disaster and safety monitoring solution combining generative AI with the Ontology Engine to integrate and analyze heterogeneous sensor data and CCTV footage from across cities, enabling real-time situation awareness and optimal response guidance for disaster response teams.
• SmartCore AI Assistant Platform (F@AI Federated Learning Platform) Universal AI assistant platform combining the Agnostic Connector, F@AI Federated Learning, and Ontology Engine to deliver intelligence across legacy systems, factories, hospitals, banks, and national disaster networks. Licensed and custom-deployed as a multi-year enterprise platform for government, financial, manufacturing, and public-sector clients.

Quantifiable outcome

• 10+ years of successful SKT T-Guard security platform operation
• +4 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability9 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• SK Telecom (SKT)coreTechnology or IntegrationSK Telecom has partnered with SmartCore for over 10 years on the T-Guard security platform — a smartphone security and family care service (모바일가드) with malicious code and smishing detection. SmartCore successfully delivered and operated the system for SKT for a decade, demonstrating long-term operational capability. In 2024, SmartCore and SKT continued collaboration on smart city projects. This is SmartCore's flagship and most significant enterprise partnership.
• ETRI — Electronics and Telecommunications Research Institute (한국전자통신研究院)coreTechnology or IntegrationSmartCore received full AI source technology transfer from ETRI in 2022, acquiring foundational IP for the F@AI platform. In 2025, SmartCore won a contract to develop an AI analysis tool based on USD-MCM (Unified Scenario Description — Multi-Culture Model) for ETRI. This represents a deep technology partnership with Korea's premier government research institute in electronics and telecommunications, spanning technology transfer, co-development, and ongoing project collaboration.
• Jongno-gu Office (종로구청)coreStrategic or Co-development PartnerJongno-gu Office partnered with SmartCore on multiple smart city initiatives: (1) Smart City citizen-facing app service development and operation (2023.07–2026.12), providing smart complaint services and Jongno-golgil alley tour services; (2) Smart city app and building server construction with HDC Labs in 2024. The multi-year, ongoing nature of this partnership makes it a core strategic government customer-partner in the Korean smart city domain.
• Jongno-gu Police Station (종로구경찰청)coreStrategic or Co-development PartnerSmartCore has partnered with the Jongno-gu Police Station on the SafetyDrip (안전드립) mobile safety app — providing UI/UX enhancement, fingerprint capture solution replacement, and monitoring solution introduction for on-site police officer safety management. The 2025–2026 고도화사업 (upgrading project) deepens this partnership for next-generation police safety AI systems.
• HDC Labs (HDC랩스)majorStrategic or Co-development PartnerHDC Labs collaborated with SmartCore and Jongno-gu Office in 2024 to build smart city infrastructure and building server systems. This partnership involves joint development of edge AI computing infrastructure for smart city applications, positioning SmartCore as a technology partner for HDC's real estate and smart building ecosystem.
• Korean Bookstore Association (한국서점조합연합회)minorStrategic or Co-development PartnerSmartCore developed a regional bookstore joint delivery PDA and integrated logistics system for the Korean Bookstore Association (2025.02–2025.04). The project includes logistics data informatization, QR code-based logistics status management, and full logistics statistics services — a relatively short-term but strategic partnership in the logistics and platform domain.
• SSG (신세계)minorStrategic or Co-development PartnerSmartCore partnered with SSG (Shinsegae) to build Molly's — a comprehensive pet social commerce platform combining daily pet sharing, companion place recommendations, and pet product shopping. SmartCore successfully built a large-scale commerce traffic handling system for SSG (project: 2021.12).
• Hankuk University of Foreign Studies (한국외대)minorOthersListed among SmartCore's trusted partners, suggesting potential collaboration on AI research, talent development, or academic partnerships involving natural language processing (NLP) and AI education — given HUFS's expertise in language and international studies.
• Korea University (고려대학교)minorOthersListed among SmartCore's trusted partners, suggesting potential collaboration on AI research, technology development, or talent recruitment — given KU's strong engineering and computer science programs.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Naver Cloud: Korea's largest domestic cloud and AI platform, offering HyperCLOVA LLM and a broad enterprise/government AI suite. Directly comparable as a Korean enterprise AI platform competing for the same public-sector and large-enterprise workloads SmartCore targets.
• Kakao Enterprise: Korea-based enterprise AI and cloud business of Kakao, offering AI agents, LLM services, and industry solutions. Comparable as a domestic Korean AI vendor pursuing enterprise and public-sector customers.
• Palantir Technologies: US enterprise AI platform specializing in integrating heterogeneous legacy data systems for government and large enterprises (AIP, Foundry). Directly comparable for SmartCore's Agnostic Connector-style integration and ontology-driven reasoning play in regulated environments.
• C3.ai: Enterprise AI application platform offering pre-built and custom AI applications across industries with strong system integration capabilities. Comparable as a vendor selling packaged enterprise AI apps on top of an integration platform.
• Databricks: Unified data and AI platform with Delta Lake, ML, and GenAI capabilities including Mosaic AI for model training and deployment. Comparable for SmartCore's enterprise data/knowledge platform and ontology-engine style data fabric ambitions.

Broad incumbents

• Samsung SDS: Large Korean IT services arm of Samsung Group, providing enterprise AI, cloud, and system integration across Korean conglomerates and government. Comparable as a broad incumbent competing for Korean enterprise integration and AI contracts.
• LG AI Research: LG Group's AI research arm behind EXAONE foundation models, with enterprise and government partnerships in Korea. Comparable as a well-funded Korean AI lab that can absorb enterprise and public-sector engagements.

Emerging players

• Owkin: Federated learning AI company focused on healthcare and life sciences, enabling cross-institution model training without sharing raw patient data. Comparable as a specialist applying federated learning in regulated industries.
• BriefCam: Video analytics platform applying AI to CCTV for security, safety, and operational insights. Comparable for SmartCore's UrbanEagle product line focused on edge AI CCTV-based urban enforcement.

Regional players

• Douzone: Mid-sized Korean enterprise software and cloud services vendor serving public sector and large enterprises with ERP, groupware, and digital transformation offerings. Comparable as a domestic Korean IT vendor pursuing the same enterprise and government accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/smcore

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 SmartCore