IMM Investment

IMM Investment is an independent asset management firm based in Seoul, South Korea, established in 1999. The firm specializes in venture capital, mezzanine financing, and infrastructure investments, primarily targeting small and medium-sized enterprises in the information technology, healthcare, biotechnology, and manufacturing sectors. With a strong foundation of trust from institutional investors, IMM Investment focuses on creating significant value for its portfolio companies through strategic investments and partnerships.

Jaeyong Cho

Senior Managing Director

Younghwan Chung

Principal, Growth Capital

Jeanrok Han

Managing Director

Chong Kang

Managing Director

Meenjoo Kim

Investment Professional

Hyejin Kim

Managing Director

Minjeong Kim

Venture Capitalist

Suyoung Kim

Managing Director

Jaeyun Koo

Senior Managing Director and Division Head

Da Lee

Director

YoungJoon Lee

Co-CEO and Managing Partner

Jean Lee

Managing Director

Young Lee

Vice President

Aleum Lee

Managing Director

Philip Li

Managing Director

Sungmin Na

Senior Managing Director and Division Head

Jinheum Paek Ph.D

Senior Managing Director

Wonki Yoon

Senior Managing Director and Division Head

Yeojung Moon Ph.D

Senior Managing Director and Division Head

Byeonggyu Kim Ph.D

Managing Director

Jiyun Jung Ph.D

Managing Director

Past deals in Beauty

Healing Paper

Series C in 2025
Healing Paper is a company focused on enhancing access to medical beauty services through the use of information and communication technology. It operates a platform that provides estimates and reviews for cosmetic surgeries, aimed at improving the quality of these services. The platform offers users transparent pricing information, authentic reviews, and a community for real-time interaction regarding cosmetic procedures. Additionally, Healing Paper includes a management package for aftercare, ensuring that patients receive comprehensive support throughout their treatment journey. By balancing information between medical professionals and patients, the company strives to make cosmetic treatments more accessible and affordable.

Gangnam Unni

Series C in 2025
Gangnam Unni is in the field of beauty medical services, helping users choose a treatment and a plastic surgery hospital. The difficulty of navigating the process of seeking medical treatment and choosing a hospital continues to persist. Kangnam Unni recognizes the need for change and firmly believes that a combination of transparent medical information and an IT platform can foster a consumer-oriented medical service market. Their ultimate goal is to challenge negative perceptions surrounding plastic surgery and spearhead a significant transformation in the beauty and medical service industries. The Gangnam Unni team is dedicated to innovation, fueled by an unwavering desire to provide exceptional beauty and medical services. With the aim of assisting individuals in selecting a suitable hospital, they have amassed an impressive database of one million user reviews. Additionally, their efforts to promote transparency in medical information have garnered the support of 3,000 subscribers through Gangnam Sister. Furthermore, their mobile application has facilitated hospital consultations for a staggering 3.8 million individuals, resulting in 1.6 million successful cases. As the team continuously clarifies its mission and forges ahead with determination, its collective strength and resolve only grow stronger. Kangnam Unni remains committed to revolutionizing the healthcare industry, ensuring that individuals receive the highest quality of care and a positive experience throughout their medical journeys.

SUGAR Cosmetics

Secondary Market in 2024
SUGAR Cosmetics is a Mumbai-based manufacturer and retailer of color cosmetics, founded in 2012. The company offers a diverse array of premium makeup products, including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, primers, translucent powders, cleansing water, compact powders, nail lacquers, and cosmetics gift sets. Known for its cruelty-free stance, SUGAR has garnered a loyal following among millennials and bold, independent women, distinguishing itself with unique packaging and high-quality offerings. The brand's products are crafted in advanced facilities across Germany, Italy, India, the USA, and Korea, and are available through both retail stores and online channels, making it one of the fastest-growing beauty brands in India.

Olive International

Series B in 2023
Olive International is a company that operates in the lifestyle sector, focusing on the development and growth of targeted brands. It specializes in creating a diverse portfolio of beauty and household goods brands, aiming to address fragmented consumer needs on a global scale. By offering a range of beauty products at affordable prices, Olive International seeks to provide accessible options to clients while enhancing the overall appeal of its brand offerings.

Living Workshop

Series A in 2022
Living Workshop sells pet supplies, kitchen utensils, hygiene, and cleaning products.

Yeoshin

Series B in 2021
Yeoshin is a skin treatment information platform.

Yeoshin

Series A in 2020
Yeoshin is a skin treatment information platform.

StyleShare

Series D in 2020
StyleShare Inc. is a South Korean company founded in 2011 that specializes in designing and developing a mobile and web application focused on fashion, beauty, and lifestyle. The platform serves as a real-time space for users to share and receive updates related to these interests, allowing individuals to showcase their daily outfits and recent purchases. With millions of users across 120 countries, StyleShare has established itself as a leading mobile platform in the fashion and beauty sector, earning recognition from prominent publications such as VOGUE, Instyle, and Elle Japan. Through its innovative application, StyleShare facilitates a vibrant community where users can connect over their shared passion for fashion.

APR Corporation

Venture Round in 2019
APR Co., Ltd is a South Korean company established in 2014, specializing in the manufacture and sale of cosmetic products for both men and women. The company offers a diverse range of products, including medical cosmetics, diet products, and beauty devices. In addition to its core beauty offerings, APR operates an instant photo booth service and sells apparel such as caps, sweatshirts, and track tops through its online store. The company markets its products under several brand names, including APRILSKIN, medicube, GLAMD, Forment, Photogray ORAZIN, and NERDY. With a strong presence in both the domestic and international markets, particularly for its 'MediCube' brand, APR has established itself as a reputable player in the beauty and skincare industry.

StyleShare

Series C in 2018
StyleShare Inc. is a South Korean company founded in 2011 that specializes in designing and developing a mobile and web application focused on fashion, beauty, and lifestyle. The platform serves as a real-time space for users to share and receive updates related to these interests, allowing individuals to showcase their daily outfits and recent purchases. With millions of users across 120 countries, StyleShare has established itself as a leading mobile platform in the fashion and beauty sector, earning recognition from prominent publications such as VOGUE, Instyle, and Elle Japan. Through its innovative application, StyleShare facilitates a vibrant community where users can connect over their shared passion for fashion.

Glowdayz

Series B in 2017
Glowdayz, Inc. is a South Korean IT company established in 2013, specializing in mobile application development for the cosmetic and real estate sectors. The company has launched two main products: Glowmee and Brokery. Glowmee is a beauty curation service that delivers content related to beauty and cosmetics directly to users' mobile devices. It provides up-to-date product information, reviews, and recommendations from popular beauty brands, as well as offering magazines and subscription beauty box services. Brokery, on the other hand, focuses on the real estate market, providing users with information about available accommodation options and facilitating direct connections with local brokers. Through these applications, Glowdayz aims to enhance consumer access to reliable information, enabling informed decisions in both the beauty and real estate markets.

StyleShare

Venture Round in 2016
StyleShare Inc. is a South Korean company founded in 2011 that specializes in designing and developing a mobile and web application focused on fashion, beauty, and lifestyle. The platform serves as a real-time space for users to share and receive updates related to these interests, allowing individuals to showcase their daily outfits and recent purchases. With millions of users across 120 countries, StyleShare has established itself as a leading mobile platform in the fashion and beauty sector, earning recognition from prominent publications such as VOGUE, Instyle, and Elle Japan. Through its innovative application, StyleShare facilitates a vibrant community where users can connect over their shared passion for fashion.

GDK Cosmetics

Private Equity Round in 2016
GDK Cosmetics is a cosmetic manufacturer based in Incheon, South Korea, specializing in the development and production of sheet mask products. The company offers a diverse range of cosmetics, including hand sanitizers, cleansers, masks and patches, sun care products, as well as body and hair care items and basic skincare solutions. GDK Cosmetics emphasizes sustainability and utilizes differentiated technology to ensure that its products are competitive in the market, catering to the evolving needs of consumers.

Must It

Venture Round in 2016
Must It is a retail platform focused on the sale of luxury fashion and beauty products. The company offers a diverse range of high-end items for men, women, and children, including sweaters, pants, skirts, sneakers, slippers, hair care products, and various accessories. By providing an extensive selection of premium goods, Must It aims to create a convenient shopping experience for customers seeking stylish and quality apparel.

OliPass Cosmeceuticals

Venture Round in 2010
OliPass Cosmeceuticals manufactures personal care products. The company offers a wide range of skin and hair care products. The company sells products both online and in physical stores.

Carver Korea

Venture Round in 2008
Carver Korea Co., Ltd. is a prominent cosmetics manufacturer based in Seoul, South Korea, and operates as a subsidiary of Unilever PLC since November 2017. The company offers a diverse range of products, including skincare, makeup, and fashion items. Its well-known brands, such as A.H.C (Aesthetic Hydration Cosmetics), Shara Shara, and Vivito, encompass various skincare solutions like eye creams, essences, and toners. Additionally, Carver Korea provides women's apparel under the brand Lenouvelle. The company's products are distributed through multiple channels, including home shopping television networks, retail stores, duty-free shops, beauty salons, skincare clinics, and e-commerce platforms, catering to consumers across Korea.
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