What Voiceye does

Voiceye Co., Ltd. (보이스아이 주식회사) is a Korean private software company founded in 2003 and headquartered in Uiwang-si, Gyeonggi-do, South Korea, operating as a subsidiary of SGA Solutions within the SGA Group conglomerate. The company develops a proprietary high-density 2D barcode technology called VOICEYE Code, capable of storing up to 800 bytes per cm² at 600 DPI (approximately 11× the data density of QR codes), with applications spanning accessible print-to-voice conversion for visually impaired users and PKI-based document authentication. Its product portfolio is organized into four lines: (1) voice barcode solutions including VOICEYE Maker V2.0 PC software, VoiceCode server-based generation, and the free VOICEYE App V2.0 mobile scanner; (2) document authentication solutions including TrustCertificate (no-plugin anti-counterfeiting) and TrustTSA (timestamping per RFC 3161/ISO 32000-1); (3) TrustLabel product authentication developed jointly with Korea Minting and Security Printing Corporation (KOMSCO); and (4) reselling Microsoft Azure, Microsoft 365, and Windows IoT through CSP partnership.

Voiceye generates revenue through a mix of one-time software licenses (VOICEYE Maker, VoiceCode), recurring subscription/maintenance for document authentication servers (TrustCertificate, TrustTSA), Microsoft cloud distribution margins, and hardware sales for physical anti-counterfeiting labels. Its primary go-to-market is direct enterprise sales to Korean government agencies, financial institutions, educational bodies, and healthcare providers, supplemented by a global dealer network across 15+ countries. Major customers include Government 24, the Ministry of Interior and Safety, National Tax Service, National Health Insurance Service, Shinhan Bank, KB Kookmin Card, Samsung Fire & Marine Insurance, and over 200 Korean universities. The company holds the only Korean national standard KCS.KO-06.0181 compliance for Braille/voice conversion codes, and benefits from Korean disability rights law (Article 21) and post-2022 mandatory legislation driving voice barcode adoption across public-sector print materials.

The company has pursued a corporate restructuring trajectory since 2018: joining SGA Group that year, undergoing a 2020 physical split-off, absorbing SGA Cloud Services via merger in November 2021 to add Azure/IoT distribution, acquiring the TrustCertificate business from SGA Solutions in 2023, and launching TrustLabel in 2024 with KOMSCO. Current representative director is CEO Jung Kwon-seong (정권성), appointed in 2023. The company is privately held with no public revenue disclosures and operates alongside sister companies SGA Solutions, SGA Cloud Services, and other SGA Group entities.

Name

Voiceye

Legal name

보이스아이 주식회사 (Voiceye Co., Ltd.)

Website

https://voiceye.com

Company type

Private

Founded year

2003

Operating status

Operating

Short description

Voiceye is a Korean software company that develops proprietary high-density 2D barcode technology for accessibility (visually impaired users) and PKI-based document authentication, serving Korean government agencies, financial institutions, 200+ universities, and reselling Microsoft cloud/IoT products globally.

Ownership category

akta.pro rank

Product category

Document Authentication & Accessibility Software

NAICS

Custom Computer Programming Services (541511), Software Publishers (5132), Software Publishers (51321)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Recorded Music Metadata, Fingerprinting & Anti-Piracy (CID/Content ID) (MPAIAAAJ)

akta.pro secondary industry

Voice Cloning, Dubbing & Audio Generative Media (HDAAAFAK)

Keywords

• High-density 2D barcode
• Document anti-counterfeiting
• Electronic signature authentication
• Accessibility barcode software
• Timestamp verification

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Supply Chain

Revenue model

1. Software Licensing (VOICEYE Maker, VoiceCode): One-time software license sales for VOICEYE Maker (HWP, MS-Word, InDesign plugins) and VoiceCode (server-based and SDK solutions). Requires pre-sale consulting. Sold as perpetual or subscription license.
2. Document Authentication Solutions (TrustCertificate, TrustTSA): Server-based document authentication and timestamp solutions licensed to government agencies and financial institutions. Revenue from server software deployment and annual maintenance/support.
3. Microsoft IoT/Cloud Distribution: As Microsoft CSP partner and authorized distributor for Windows IoT OS, SQL Server IoT, Microsoft 365, and Azure cloud services. Revenue from licensing distribution margins on Microsoft product sales to Korean enterprise customers.
4. TrustLabel (Product Authentication): Physical security labels and digital seal solutions co-developed with Korea Minting and Security Printing Corporation (KOMSCO) for brand protection and anti-counterfeiting applications.
5. VOICEYE App (Free): Free consumer smartphone app that supports the broader VOICEYE ecosystem. Generates demand for enterprise solutions. No direct monetization.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Voiceye develops and licenses software solutions built around its proprietary high-density VOICEYE Code 2D barcode, which can store up to 800 bytes per cm² at 600 DPI. Its offerings include VOICEYE Maker (PC plugin for generating accessibility barcodes in HWP/Word/InDesign), VoiceCode (server/SDK for embedding codes in web and enterprise documents), the free VOICEYE App (smartphone reader with TTS and 50+ language translation), and security modules TrustCertificate (no-plugin document anti-counterfeiting), TrustTSA (RFC 3161 timestamping), and TrustLabel (KOMSCO-co-developed product authentication). The company also resells Microsoft Windows IoT, Microsoft 365, and Azure as a CSP.

Product overview

Voiceye offers a portfolio of 2D barcode-based solutions centered on its core high-density VOICEYE Code technology. The core product line includes VOICEYE Maker V2.0 (PC software for generating accessibility barcodes in documents), VoiceCode (server-based barcode generation for web/enterprise systems), and VOICEYE App V2.0 (mobile app for scanning and using barcodes). Security-focused add-on modules include TrustCertificate (document anti-counterfeiting), TrustTSA (electronic document timestamping), and TrustLabel (product authentication). The company also resells Microsoft cloud and IoT solutions including Windows IoT OS, Microsoft 365, and Azure. The ecosystem supports visually impaired, low-vision, elderly, and multicultural users through text-to-speech, translation, and document verification features.

Differentiator

Problem solved

Functional benefit

Products and services

• VOICEYE Maker V2.0 PC software program that automatically generates and inserts VOICEYE 2D barcode images into HWP, MS-Word, and InDesign documents for accessibility and authentication purposes. Sold to government agencies, financial institutions, and other organizations producing accessible print materials.
• VoiceCode Server-based and SDK solution for generating voice-conversion VOICEYE 2D barcode images in web/WAS environments and dedicated applications, including Enterprise Server and Enterprise SDK variants. Used by government, financial, and educational organizations for large-scale document barcode generation.
• VOICEYE App V2.0 Free smartphone application that scans VOICEYE 2D barcodes to deliver text-to-speech audio output, enlarged text, and translation in 50+ languages via Google Translate. Also performs document authenticity verification by scanning anti-counterfeiting barcodes. Used by visually impaired, low-vision, elderly, and multicultural end users.
• TrustCertificate No-Plugin document anti-counterfeiting solution that generates legally binding PDF electronic documents with embedded VOICEYE 2D barcode containing electronic signatures and original content. Verifiable offline via mobile app or scanner. Deployed by Government 24, the National Tax Service, and other agencies.
• TrustTSA PDF electronic document timestamp solution that proves documents existed at a specific time and remain unchanged, using embedded Time-Stamping Authority (TSA) technology compliant with RFC 3161 and ISO 32000-1. Licensed to government agencies and financial institutions.
• TrustLabel Genuine product authentication solution jointly developed with Korea Minting and Security Printing Corporation (KOMSCO), combining physical security technologies (tilt color shift, fluorescent printing, micro lettering, destructible labels, ghost-see patterns, metafiber) with high-density 2D barcode for brand protection and anti-counterfeiting.
• Windows IoT OS Microsoft Windows IoT operating systems (Windows 11 IoT Enterprise, Windows 10 IoT Enterprise, Windows Server IoT) for embedded systems, distributed by Voiceye as a certified Microsoft IoT OS dealer for industrial, manufacturing, retail, and financial-sector embedded devices.
• Microsoft 365 Cloud-based Microsoft 365 subscription service combining Office applications, Windows 10/11, and Enterprise Mobility + Security, resold as Microsoft 365 Business and Enterprise packages to Korean enterprise customers via Microsoft CSP channel.
• Azure Microsoft Azure cloud platform optimized for IoT device development, resold as a CSP (Cloud Service Provider) with hybrid cloud support and pay-as-you-go pricing for Korean enterprise customers.

Quantifiable outcome

• Stores 1,200–1,800 Korean characters in a 2cm×2cm barcode at 600 DPI
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability6 records

Feature8 records

Partnerships

24 partnerships are on record, tiered core and minor.

• Korea Minting and Security Printing Corporation (한국조폐공사, KOMSCO)coreStrategic or Co-development Partner · 1 January 2023Joint research and development of 'Digital Seal' (디지털 증지) combining KOMSCO's physical security technologies (tilt color shift, fluorescent printing, micro lettering, metafiber, destructible labels, ghost-see copy-deterrent patterns) with Voiceye's high-density 2D barcode to create the TrustLabel anti-counterfeiting solution for brand protection.
• Administrative Safety Ministry (행정안전부)coreTechnology or Integration · 1 January 2022Supply of government-wide service integration platform solutions and national subsidy customization projects. Voiceye code and TrustCertificate solutions integrated into government document issuance and verification systems.
• Korean Education and Research Information Service (한국교육학술정보원)coreTechnology or Integration · 1 January 2022Integration of VOICEYE code into the Next-Generation NEIS (National Education Information System) 4G build for accessible educational documents and administrative materials.
• National Tax Service (국세청)coreTechnology or Integration · 1 January 2022Integration of VOICEYE code into Onnara 2.0 system for tax document accessibility for visually impaired taxpayers.
• SGA Cloud Service (에스지에이클라우드서비스)coreStrategic or Co-development Partner · 1 January 2021Acquisition and merger of SGA Cloud Service in November 2021, expanding Voiceye's business to include Azure-based cloud solution business and embedded software/hardware. The merger transferred Azure-based cloud solution business and embedded software/hardware divisions to Voiceye.
• MicrosoftcoreChannel Partner/ Reseller/ DistributorOfficial Microsoft CSP (Cloud Service Provider) and authorized distributor for Windows IoT OS, SQL Server IoT, Microsoft 365, and Azure cloud services. Microsoft Partner Network member.
• ViewPlus Technologies, Inc. (USA)minorChannel Partner/ Reseller/ DistributorExclusive dealer partnership for Voiceye products in the United States. ViewPlus specializes in technology products for the blind and visually impaired.
• CECITECH, Inc. (Canada)minorChannel Partner/ Reseller/ DistributorCanadian distributor for Voiceye products serving the accessibility technology market in Canada.
• Crawford Technologies (Canada)minorChannel Partner/ Reseller/ DistributorCanadian channel partner for document accessibility solutions using Voiceye technology.
• OPITCA Bustorf (Chile)minorChannel Partner/ Reseller/ DistributorChilean distributor for Voiceye products.
• Nippon Telesoft Co., Ltd. (Japan)minorChannel Partner/ Reseller/ DistributorJapanese dealer for Voiceye products. Japan export contract established in 2009.
• Aumed Group Corp (China)minorChannel Partner/ Reseller/ DistributorChinese distributor for Voiceye products.
• Thailand Service Co-Operative of the Blind Limited (Thailand)minorChannel Partner/ Reseller/ DistributorThai distributor specifically serving visually impaired communities with Voiceye accessibility solutions.
• Potential Resources Co., Ltd (Hong Kong)minorChannel Partner/ Reseller/ DistributorHong Kong distributor for Voiceye products.
• Bluenet Technologies Private Limited (Singapore)minorChannel Partner/ Reseller/ DistributorSingapore dealer agreement established in 2016 for 2D barcode solutions for printed materials, ID cards, and security applications.
• Sight and Sound Technology (UK)minorChannel Partner/ Reseller/ DistributorUK distributor for Voiceye products serving the accessibility technology market.
• CECIAA (France)minorChannel Partner/ Reseller/ DistributorFrench distributor for Voiceye products.
• Freedom Scientific, Inc. (Netherlands)minorChannel Partner/ Reseller/ DistributorNetherlands-based distributor for Voiceye products.
• Altix (Poland)minorChannel Partner/ Reseller/ DistributorPolish distributor for Voiceye products.
• Beyid LTD (Turkey)minorChannel Partner/ Reseller/ DistributorTurkish distributor for Voiceye products.
• ENJAZ Education Technology & Computer (Jordan)minorChannel Partner/ Reseller/ DistributorJordanian distributor for Voiceye products.
• AL-Bassam Tech (Saudi Arabia)minorChannel Partner/ Reseller/ DistributorSaudi Arabian distributor for Voiceye products.
• Crawford Technologies (USA/Canada)minorChannel Partner/ Reseller/ DistributorDealer agreement for voice conversion barcode solutions for Operation Express in North America, established 2015.
• SGA Solutions (에스지에이솔루션즈)coreStrategic or Co-development PartnerIn 2023, Voiceye acquired the TrustCertificate business from SGA Solutions, consolidating document anti-counterfeiting solutions within the Voiceye portfolio. SGA Solutions continues to be a sister company under SGA Group. Technology provision agreement for high-density 2D barcode from SGA Solutions.

Scale indicators4 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Scantrust: Provider of secure 2D barcodes and anti-counterfeiting solutions for brand protection. Directly comparable to Voiceye's TrustLabel product, offering similar high-density encrypted barcode technology for product authentication and supply chain traceability.
• ViewPlus Technologies: US-based provider of assistive technology products for blind and visually impaired users, including tactile graphics and embossers. Comparable to Voiceye's accessibility solutions, and serves as Voiceye's exclusive US dealer, demonstrating direct partnership and overlapping customer base.
• DENSO Wave: Inventor of the QR code and a leading 2D barcode technology provider. Directly comparable to Voiceye as both companies develop and license proprietary 2D barcode encoding/decoding technology for industrial, commercial, and accessibility applications.

Broad incumbents

• SICPA: Swiss-based global leader in security inks and authentication solutions for currencies, identity documents, and brand protection. Comparable to Voiceye in document authentication and anti-counterfeiting, but serves much larger government and commercial clients across multiple industries.
• Authentix: Provider of authentication and supply chain integrity solutions for fuel, pharmaceutical, and consumer goods industries. Comparable to Voiceye's anti-counterfeiting and document authentication business, but focused on different verticals (fuel, pharma) and serving global enterprises.
• OpSec Security: Established global provider of anti-counterfeiting, authentication, and brand protection solutions. Comparable to Voiceye's TrustCertificate and TrustLabel offerings in the document authentication and product authentication space, but at much larger scale with broader portfolio.
• Avery Dennison: Global provider of labeling and packaging materials including RFID and authentication solutions. Comparable to Voiceye's TrustLabel in physical-digital authentication labels for brand protection, though Avery Dennison operates at much larger scale with broader product portfolio.
• GlobalSign: Global provider of PKI-based digital signatures, SSL certificates, and identity solutions. Comparable to Voiceye's TrustCertificate which uses PKI electronic signatures for document authentication, though GlobalSign operates at much larger scale across multiple use cases.

Emerging players

• AlpVision: Swiss-based provider of digital anti-counterfeiting and authentication technologies using invisible marking and cryptography. Comparable to Voiceye's TrustLabel in product authentication, but uses different technology approach (digital fingerprinting vs. barcode encoding) and focuses on pharmaceuticals and luxury goods.
• Surety.com: Provider of digital timestamping and data integrity services using AbsoluteProof technology. Comparable to Voiceye's TrustTSA product in providing cryptographic timestamping for document integrity verification, though Surety focuses on digital data rather than PDF/print documents.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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 Voiceye