D3 Jubilee Partners

D3 Jubilee, with headquarters in Seoul and San Francisco, focuses on impact investment aimed at fostering entrepreneurial innovation that enhances the lives of low-income families, women, and immigrants while promoting environmental sustainability. The firm specializes in investing in information and communication technology (ICT) start-ups that demonstrate significant socio-environmental value, particularly in low-income regions including Korea, the United States, South America, Africa, and India. By redefining the role of capital, D3 Jubilee seeks to create positive social change and improve living conditions for underserved communities across the globe.

Dukjun Lee

General Partner

Doug Lee

Founder and CEO

Past deals in South Korea

Sovoro

Series A in 2022
Sovoro is a South Korean company that specializes in developing AI-based software solutions aimed at improving communication for individuals with hearing disabilities. The company offers Soboro PC, a speech recognition tool that provides real-time subtitles, and Soboro tablets, which serve as assistive devices to facilitate communication in various public settings, including hospitals, educational institutions, and government offices. These products enable users to receive live subtitles, enhancing their ability to engage in conversations and access information in real time. By focusing on accessibility and effective communication, Sovoro aims to support individuals with hearing impairments in various environments.

Comento

Venture Round in 2021
Comento is a South Korean company established in 2015 that operates an internet-based networking platform designed for job seekers and consultants. The platform facilitates interaction and support by allowing job seekers to pose questions and receive guidance from industry professionals. In addition, Comento assists users in developing essential job application materials, such as resumes and cover letters. Utilizing artificial intelligence, the platform also offers training boot camp programs, talent referral matching services, and peer-to-peer counseling, enabling job seekers to enhance their skills and connect with suitable employment opportunities.

Medical IP

Series C in 2021
MEDICAL IP is a South Korean company founded in 2015 that specializes in developing a 3D medical platform powered by artificial intelligence. The company focuses on analyzing medical image data generated in hospitals to enhance diagnostic accuracy and surgical planning. Its key products include MEDIP, an AI-driven 3D modeling platform, and ANATDEL, which facilitates simulated surgical procedures and patient-specific 3D printing. By leveraging advanced segmentation analysis, MEDICAL IP’s technology enables healthcare professionals to detect anatomical components, such as lesions, and extract critical quantitative data, including volume and area, improving the overall understanding of patients' conditions.

TestWorks

Series B in 2020
TestWorks is a social enterprise based in Seoul, Korea, specializing in innovative solutions for AI data processing and software testing. The company focuses on creating tools that enhance business software delivery and testing through automation and artificial intelligence. Their offerings include services for collecting, annotating, and managing training datasets, which are essential for AI training and verification. TestWorks is recognized for its technical excellence and commitment to quality, making it a leader in the data processing sector. Additionally, the company promotes an inclusive employment model by providing opportunities for socially disadvantaged individuals, aligning its business objectives with social responsibility.

Law&Company

Series B in 2019
Law&Company is representative legal tech company in Republic of Korea. The company provides a service called 'LawTalk(www.lawtalk.co.kr)', which is the largest online legal market place in Korea(5 times bigger then the 2nd player). Since 2016, the company invested on research about Artificial Intelligence especially on Text Mining and Machine Learning technology to analyze lawyers and client's activities in the service which helps to lawyers and clients find the right person based on their experience. Also, the company will launch document automation based service to generate legal documents starting from complaint and contract soon. The company has received more than 3 million dollars from 5 venture capital companies and many angel investors due to previous performance and upside potential in the Korean legal market.

TestWorks

Series A in 2019
TestWorks is a social enterprise based in Seoul, Korea, specializing in innovative solutions for AI data processing and software testing. The company focuses on creating tools that enhance business software delivery and testing through automation and artificial intelligence. Their offerings include services for collecting, annotating, and managing training datasets, which are essential for AI training and verification. TestWorks is recognized for its technical excellence and commitment to quality, making it a leader in the data processing sector. Additionally, the company promotes an inclusive employment model by providing opportunities for socially disadvantaged individuals, aligning its business objectives with social responsibility.

Sovoro

Seed Round in 2019
Sovoro is a South Korean company that specializes in developing AI-based software solutions aimed at improving communication for individuals with hearing disabilities. The company offers Soboro PC, a speech recognition tool that provides real-time subtitles, and Soboro tablets, which serve as assistive devices to facilitate communication in various public settings, including hospitals, educational institutions, and government offices. These products enable users to receive live subtitles, enhancing their ability to engage in conversations and access information in real time. By focusing on accessibility and effective communication, Sovoro aims to support individuals with hearing impairments in various environments.

3billion

Series A in 2018
3billion, Inc. offers genetic testing and analysis services specifically designed for patients with rare diseases. Founded in 2016 and headquartered in Seoul, South Korea, the company aims to alleviate the challenges faced by these patients during the diagnostic process. By leveraging bioinformatics and machine learning technology, 3billion has significantly reduced the time and cost associated with genome interpretation, making comprehensive genetic testing more accessible. Their artificial intelligence-driven diagnostic services cover a wide range of genes and diseases, facilitating faster and more accurate diagnoses for healthcare providers, ultimately leading to improved health outcomes for patients.

Todo Works

Venture Round in 2018
Todo Works Corp., founded in 2016 and headquartered in Siheung-si, South Korea, specializes in the development of portable electric wheelchairs aimed at improving mobility for disabled individuals. The company's innovative wheelchair is lightweight and foldable, designed for ease of transport and use. It can be operated via a joystick or a smartphone application, allowing users to navigate their environments with greater independence and convenience.

Medical IP

Venture Round in 2017
MEDICAL IP is a South Korean company founded in 2015 that specializes in developing a 3D medical platform powered by artificial intelligence. The company focuses on analyzing medical image data generated in hospitals to enhance diagnostic accuracy and surgical planning. Its key products include MEDIP, an AI-driven 3D modeling platform, and ANATDEL, which facilitates simulated surgical procedures and patient-specific 3D printing. By leveraging advanced segmentation analysis, MEDICAL IP’s technology enables healthcare professionals to detect anatomical components, such as lesions, and extract critical quantitative data, including volume and area, improving the overall understanding of patients' conditions.

Deoham

Venture Round in 2016
Deoham is a real estate company based in Seoul, South Korea, founded in 2014. It operates as a community platform that connects people with various spaces, including residential living areas, office workplaces, and retail environments. By facilitating connections between these spaces and demand-based businesses, Deoham aims to enhance the lives of individuals and communities who utilize its offerings. The company focuses on improving the user experience through its innovative approach to real estate and community engagement.

Parking Cloud

Series A in 2015
Parking Cloud Co., Ltd. is an online platform based in Seoul, South Korea, that provides a comprehensive solution for parking management. Founded in 2009, the company allows customers to check real-time parking availability, compare prices, and make payments through a mobile wallet. Its services extend beyond standard parking, incorporating features such as car sharing, car rental, maintenance, car washing, and electric vehicle charging stations. Parking Cloud also engages in the development, leasing, and operation of parking facilities, including rentals for buses and freight vehicles. The company manufactures parking system devices that facilitate unmanned settlement processes in parking lots. By integrating these services, Parking Cloud aims to streamline the parking experience for users and enhance the management of parking spaces in urban areas.

Law&Company

Seed Round in 2015
Law&Company is representative legal tech company in Republic of Korea. The company provides a service called 'LawTalk(www.lawtalk.co.kr)', which is the largest online legal market place in Korea(5 times bigger then the 2nd player). Since 2016, the company invested on research about Artificial Intelligence especially on Text Mining and Machine Learning technology to analyze lawyers and client's activities in the service which helps to lawyers and clients find the right person based on their experience. Also, the company will launch document automation based service to generate legal documents starting from complaint and contract soon. The company has received more than 3 million dollars from 5 venture capital companies and many angel investors due to previous performance and upside potential in the Korean legal market.

Root Energy

Venture Round in 2015
Root Energy Inc. is a renewable energy investment platform based in Seoul, South Korea, established in 2014. The company operates a crowdfunding platform that connects individuals with opportunities to invest in the construction and operation of renewable energy power plants, including solar, wind, and energy storage systems. Root Energy facilitates direct investments in power generation projects and offers construction management and operational services. Its aim is to enable a wider audience to participate in and benefit from renewable energy initiatives, while also connecting energy generators with suitable locations for project implementation.

Woozoo

Venture Round in 2014
Woozoo is a shared-housing company based in Seoul, South Korea, that offers affordable living solutions for young people, including students and working professionals. Founded in 2013, Woozoo has developed a unique residential experience for over 750 individuals and has expanded to 50 locations as of January 2017, establishing itself as the largest and fastest-growing social housing provider in South Korea. The company’s platform simplifies the property rental process by allowing users to buy, sell, and rent homes, while also providing a comprehensive listing of available properties. Through its focus on shared living arrangements, Woozoo aims to create community-oriented housing solutions that cater to the needs of its clients.

Noom

Seed Round in 2012
Noom, Inc. is a New York-based company that specializes in mobile health coaching through a psychology-based digital health platform. Founded in 2008, Noom develops a mobile application that combines evidence-based curricula, personalized coaching, and data-driven insights to help users achieve their health and wellness goals, including weight management and chronic disease prevention. The platform offers scalable tools for exercise and nutrition coaching, utilizing artificial intelligence to facilitate behavioral change. Recognized for its innovative approach, Noom has received multiple grants from the National Institutes of Health and was the first mobile application certified by the Centers for Disease Control as a diabetes prevention program. The company also caters to business enterprises, supporting organizations in promoting employee health. With additional offices in Seoul and Tokyo, Noom continues to expand its global reach and impact on personal health management.

Neofect

Venture Round in 2012
Neofect is a South Korea-based company founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, specializing in the development of rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, launched in 2014, received FDA clearance and has been adopted by various hospitals and rehabilitation centers, including NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers several other innovative devices, such as the RAPAEL Smart Board, RAPAEL Smart Pegboard, RAPAEL Smart Kids, and RAPAEL Cognition, which utilize virtual reality and smart technology to enhance rehabilitation outcomes. Neofect has also participated in research studies demonstrating the effectiveness of its VR-based rehabilitation solutions compared to traditional therapy. The company operates in South Korea, the U.S., and Germany, distributing its products across these regions and throughout Europe.
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