April 8, 2026 — People and Technology has successfully secured KRW 15 billion in funding, including a strategic investment from a major pharmaceutical company, and is accelerating its expansion in Korea's real-time patient monitoring market.
People and Technology CEO Hong Sung-pyo, a company specializing in AI- and DX-based smart hospital service platforms, announced on the 8th that it has successfully closed a KRW 15 billion SI bridge investment round, with Dong-A ST participating as a strategic investor.
The most notable aspect of this funding round is the transition to a strategic alliance through equity investment with Dong-A ST, a leading company in Korea's pharmaceutical industry. Since last year, the two companies have maintained close cooperation as business partners in the real-time patient monitoring sector. With this strategic investment, they plan to strengthen their competitiveness and accelerate business expansion in the rapidly growing smart hospital market.
A representative from Dong-A ST stated: "This investment is significant in that it concretely demonstrates Dong-A ST's commitment to the real-time patient monitoring business through a strategic partnership. By combining People and Technology's smart hospital platform—already deployed across thousands of beds in the largest number of tertiary hospitals in Korea, proving its overwhelming competitiveness—with Dong-A ST's strong medical network, we aim to drive widespread adoption of real-time patient monitoring and broader smart hospital services."
The participation of a major strategic investor also attracted strong interest from financial investors (FIs). New investors in this round include WantedLab Partners, Fine Value Asset Management, Bogwang Investment, Cornerstone Investment Partners, and IBK Capital. In addition, existing shareholders—Solidus Investment, Kiwoom Investment, and AJU IB Investment—conducted follow-on investments, reaffirming confidence in the company's growth potential.
People and Technology recorded KRW 12 billion in revenue last year, representing a 70% increase year-over-year. Building on this strong growth and the recent large-scale strategic investment, the company plans to accelerate its IPO journey this year.
CEO Hong Sung-pyo commented: "Successfully closing this KRW 15 billion SI bridge round, including participation from a major strategic investor like Dong-A ST, demonstrates that our platform's differentiated technology and future value are being recognized by the capital market. This year, we aim to achieve KRW 20 billion in revenue and accelerate our transition to a subscription-based revenue model, while preparing for an IPO next year to become a leading 'K-smart hospital' platform company."
Meanwhile, People and Technology, a specialist in AI- and DX-based smart hospital platforms, currently provides real-time patient monitoring services and digital smart hospital solutions to 85 medical institutions nationwide, including major tertiary hospitals such as Severance Hospital (Sinchon), Seoul St. Mary's Hospital, Korea University Anam Hospital, Hallym University Sacred Heart Hospital, Chonnam National University Hospital, Keimyung University Dongsan Hospital, and Korea University Ansan Hospital. Other client hospitals include Yongin Severance Hospital, National Health Insurance Ilsan Hospital, Kyung Hee University Hospital at Gangdong, Andong St. Mary's Hospital, Anyang Sam Hospital, Daejeon The Zen Hospital, Good Gang-An Hospital, and Yeosu Aeyang Hospital.
