Webudding

Donggyun, Chaeyoung and I began my business journey in November 2018 by creating a hexagonal grid chemistry notebook for engineering students. We continued to design and sell paper notebooks tailored for various majors, such as Chemistry, Fashion Design, and Programming, gaining popularity among students for our innovative products. By early 2020, consumer trends started to shift. We noticed an increase in requests for digital notes instead of paper versions, reflecting the growing usage of tablets among students. In response, we co-founders launched WeBudding, a marketplace for digital note templates, and began gathering an initial customer and creator base. The spread of COVID-19 and the subsequent transition to remote learning in schools accelerated tablet usage among students. This favorable market situation resulted in a rapid influx of creators to WeBudding. Recognizing this trend, we pivoted to focus on creating a platform targeting the digital stationery ecosystem. WeBudding flourished as the leading digital stationery service in Asia for tablet owners. Two years later, it evolved into a comprehensive platform boasting over 16,000 pieces of content. The WeBudding app, launched in July 2023, achieved an impressive ranking, placing 8th in the Korean app store within just a month of its release. By the beginning of 2023, a partnership was solidified with Goodnotes, the top global notetaking app. The collaboration centered around the supply of digital stationery contents. Six months into their partnership, in September 2023, Noutecompany Corp. secured a strategic investment from Goodnotes, raising WeBudding’s cumulative investment to $4.3M.