Krux
February 15, 2026
Korean AI Startup Wrtn Eyes $700M Revenue, US IPO
Published: February 15, 2026 at 8:12 AM
Updated: February 15, 2026 at 8:12 AM
100-word summary
South Korean AI startup Wrtn is gunning for the US market by June 2026, backed by a fresh $78M Series B led by Goodwater Capital. The company's hook? Interactive AI storytelling where you're the protagonist—generating novels, images, and audio in real-time based on your choices through its Crack platform. Wrtn's already crushing it with $70M in annualized revenue (end-2025) and projects over $100M for 2026, targeting a wild $700M by late 2027. An IPO could land as early as 2028, potentially in the US or Korea. If Wrtn's revenue trajectory holds, it could validate AI storytelling as a legitimate consumer category beyond chatbots—proving users will pay for personalized narrative experiences...
What happened
South Korean AI startup Wrtn is gunning for the US market by June 2026, backed by a fresh $78M Series B led by Goodwater Capital. The company's hook? Interactive AI storytelling where you're the protagonist—generating novels, images, and audio in real-time based on your choices through its Crack platform. Wrtn's already crushing it with $70M in annualized revenue (end-2025) and projects over $100M for 2026, targeting a wild $700M by late 2027. An IPO could land as early as 2028, potentially in the US or Korea.
Why it matters
If Wrtn's revenue trajectory holds, it could validate AI storytelling as a legitimate consumer category beyond chatbots—proving users will pay for personalized narrative experiences at scale.