IMM Investment

IMM Investment Corp. is a private equity and venture capital firm based in Seoul, South Korea, established in July 1999. The firm specializes in mezzanine investments and focuses on various strategies, including mergers and acquisitions, corporate restructuring, and management buyouts. It allocates capital across different stages of growth, with investments divided among startups, expansion, and mezzanine funding. IMM Investment primarily targets small to medium-sized companies in sectors such as information technology, healthcare, biotechnology, manufacturing, and infrastructure. The firm emphasizes active management involvement and prefers investing in companies with strong credit ratings. Additionally, it has a significant focus on industries such as IT infrastructure, wireless communications, entertainment, and digital hardware. Through its funds, IMM Investment engages in both direct investments and co-investments, aiming to support companies that require capital for growth or restructuring.

JaeChul Byun

Partner and Co-CEO

Hyun-Chan Cho

Managing Partner

Jaeyong Cho

Senior Managing Director

Younghwan Chung

Principal, Growth Capital

Kim Eun

Senior Managing Director

Jeanrok Han

Managing Director

IlBu Joung

CEO, IMM and Co, Chief Investment Officer and Partner

Chul Jung

Managing Director

Chong Kang

Managing Director

Suyoung Kim

Managing Director

Seong Kim

Managing Director and Group Leader

Youngeun Kim

Executive Vice President and Division Head

Meenjoo Kim

Investment Professional

Byung Kim

Senior Managing Director and Division Head

KeumDong Kim

Managing Director

Minjeong Kim

Venture Capitalist

Hyejin Kim

Managing Director

JaeYun Koo

Senior Managing Director and Division Head

Jean Lee

Managing Director

Seung Lee

Partner and Executive Vice President

Young Seok Lee

Vice President

Da Lee

Director

YoungJoon Lee

Co-CEO and Managing Partner

Sunhye Lee

Managing Director

Aleum Lee

Managing Director

Philip Li

Managing Director

Sung Na

Senior Managing Director and Division Head

JinHeum Paek

Senior Managing Director

Young Song

Private Equity Investor

Wonki Yoon

Senior Managing Director and Division Head

Yeojung Moon Ph.D

Senior Managing Director and Division Head

Kwang Na Ph.D

Managing Director

Byeonggyu Kim Ph.D

Managing Director

Jiyun Jung Ph.D

Managing Director

Past deals in Mobile

ZigBang

Venture Round in 2022
Zig Bang, an apartment hunting app from Korea. Users on Zig Bang can search for rental properties by the number of rooms, occupants, and price. Across both mobile and web versions, the startup reports 6 million users (though those aren’t all necessarily active and there might be some overlap). The goal for 2015 is to hit 10 million and potentially seek another funding round.

Kmong

Series B in 2018
Kmong Inc. operates an online marketplace in South Korea that connects freelancers with clients seeking various services. Established in June 2012, the platform features a wide range of categories, including design, IT, marketing, consulting, translation, writing, and more niche services like fortune-telling and handmade goods. Users can list their services along with price quotes, allowing potential buyers to browse and select offerings that meet their needs. Kmong has expanded its accessibility through a mobile application available on Android devices, further enhancing its reach in the freelance market. Based in Seoul, the company has established itself as a significant player in the growing gig economy.

Glowdayz

Series B in 2017
Glowdayz, Inc. is a South Korean IT company established in 2013 that focuses on mobile application development for the cosmetics and real estate sectors. The company has launched two primary products: Glowmee and Brokery. Glowmee is a mobile beauty curation service that delivers content related to beauty and cosmetics, offering users insights on the latest products, reviews, and recommendations from popular brands. It also provides additional features such as magazines and beauty box subscriptions. Brokery, on the other hand, serves the real estate market by informing users about available accommodations and connecting them with local brokers. Glowdayz aims to provide genuine, user-driven information that assists consumers in making informed cosmetic purchasing decisions.

Backpackr

Venture Round in 2016
Backpackr Inc. is a software development company based in Seoul, South Korea, established in 2012. The company specializes in creating mobile applications for Apple devices, providing a diverse suite of tools designed to enhance user experiences. Among its offerings are applications such as Good Sleep, which aids users in achieving restful sleep; Quick Search, a streamlined search solution; and Quick Message +, a messaging application. Additionally, Backpackr develops Quick Dial + for comprehensive communication needs, Smart Photo Organizer for managing and categorizing media, Star Wallpapers for personalized wallpaper creation, and Ringtones Plus+ for customizing ringtones. Furthermore, Backpackr operates an online app store, allowing users to purchase a variety of smartphone applications.

Buzzvil

Series A in 2014
Buzzvil Co., Ltd. is a South Korean company that specializes in lock screen advertising platforms. Founded in 2012 and headquartered in Seoul, Buzzvil provides two key offerings: Honeyscreen, a mobile application that turns smartphone lock screens into advertising spaces, and Buzzscreen, a software development kit (SDK) for Android that integrates advertisements and content into users' lock screens. The company serves both publishers and advertisers, enabling them to enhance user engagement through innovative digital marketing strategies. Buzzvil leverages machine learning to optimize marketing campaigns and aims to expand its reach beyond mobile lock screens to engage a broader audience. Through its platforms, Buzzvil seeks to create premium advertising inventory and foster meaningful interactions between users and brands.

Mocoplex

Seed Round in 2012
Mocoplex, Inc., founded in 2011 by CEO Nara Park and based in Seoul, South Korea, specializes in mobile advertising solutions. The company has developed ADLIBr, a mobile advertising platform that connects advertisers and mobile publishers with a focus on maximizing advertising revenue through a streamlined execution process. Mocoplex is recognized for its innovative technology, which includes features such as ID pairing, real-time ad tracking, and personalized retargeting solutions. This expertise has established Mocoplex as a significant player in the domestic market. The company has successfully attracted a total of $2.9 million in investments from various venture capital firms and plans to expand its presence in Japan and Southeast Asia while continuing to enhance its service offerings through ongoing technological development.
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