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wealive raises Series A funding from domestic venture capital firms to expand as a global entertainment platform across Asia.

PRIVATESep 18, 2026•about 2 hours ago

Round Type

Series A

Gimpo SiMedia And EntertainmentMusic

Description

wealive, an entertainment company operating concert production, content, and fan platform businesses based on artist IP, announced a Series A funding round from multiple domestic venture capital firms on September 18. The company aims to leverage Asia's emerging position in the global tour landscape, driven by K-pop fandom culture and growing live entertainment markets. wealive operates ualive, a proprietary music IP platform connecting artists and fans across concerts, content, communities, and commerce. The company demonstrated strong growth, with revenue surging to 8.21 billion won in 2025, representing more than threefold year-over-year growth.

Company Information

Company

wealive

Location

Gimpo Si, Gyeonggi, South Korea

About

wealive is an entertainment company that develops diverse businesses centered on artist IP, including concert production, content creation, and fan platform operations. The company operates ualive, a proprietary music IP platform that connects artists and fans through concert information, content, fan communities, merchandise commerce, and ticketing services. wealive focuses on global artists' concerts in Korea and overseas expansion for domestic artists, positioning itself as a data-driven entertainment platform based in Asia. The company has hosted concerts by artists including Muse, Deep Purple, Sum 41, and others, with plans to expand globally.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations

wealive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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