Kakao Ventures

Kakao Ventures is a venture capital firm based in Seoul, South Korea. Founded in 2012, it focuses on deep technology, services, digital healthcare, and games, and is described as a founder-friendly seed-stage investor. It operates as an independent subsidiary of Kakao Corp that manages external funds raised from limited partners.

Anne Ahn

Senior Associate

Eddie Chang

Director

Mike Cho

Senior Associate

Andy Choi

Associate

Jade Chung

Senior Associate

Past deals in South Korea

Bosalpim

Seed Round in 2022
Bosalpim is a supplier of visiting care brokerage services for the elderly. Headquartered in Gangnam-gu, Seoul.

Baum

Series A in 2022
Baum, Inc. is a Daejeon, South Korea-based company that specializes in electronic design automation (EDA) software and solutions aimed at optimizing the energy efficiency of semiconductor designs. Founded in 2016 by experienced professionals from the semiconductor industry, Baum's technology supports hardware and software for power and thermal management, thereby enhancing low-power consumption. The company's offerings cater to engineering teams across various sectors, including automotive, mobile, networking, and server markets, enabling them to improve the efficiency of their chip designs. As a privately held entity, Baum focuses on delivering innovative solutions to meet the evolving needs of its clients in the semiconductor industry.

Actnova

Seed Round in 2022
Actnova is a Korean startup specializing in AI-driven image processing technology. The company focuses on developing a Software as a Service (SaaS) product designed for analyzing video footage from animal experiments, specifically tracking behavior. Actnova's platform automates the behavioral system testing process in animal models used in both clinical and non-clinical research fields. This enables researchers in the bio industry and academia to efficiently observe and evaluate experimental animals during stability and efficacy tests.

Datumo

Series A in 2022
Datumo, formerly known as SelectStar Inc., specializes in a cloud-based artificial intelligence data production platform. The company has developed an application called Cash Mission, which collects and analyzes data while rewarding users for their contributions. By connecting corporate clients with a network of crowd-workers, Datumo aims to address the challenges of obtaining accurate data for AI applications. The platform not only facilitates this connection but also emphasizes the importance of quality and cost-efficiency in data production. Founded in 2018 and headquartered in South Korea, Datumo continues to innovate in the field of mobile crowd-sourcing to enhance data collection processes for enterprises.

21market

Series A in 2022
21market is a platform that purchases used electronics, inspects them, and upcycles the products. It repairs secondhand electronics and sells refurbished items. 21market is based in Seoul, South Korea.

Medb Korea

Venture Round in 2022
Medb Korea is a medical consumer, hospital, and pharmacy-focused online medical care and prescription drug delivery platform.. Medb Korea is located in Gangnam-gu, Seoul.

MORAI

Series B in 2022
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.

Lunit

Venture Round in 2021
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

Karrot Market

Series D in 2021
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

EVR Studio

Series C in 2021
EVR Studio is a technology-focused digital content development company based in Seoul, South Korea. The company specializes in creating virtual reality platforms that cater to a diverse range of applications, including gaming, visual graphics, engineering, fashion, writing, and photography. Its offerings encompass the development of digital humans, media art, and XR media content, along with a metaverse platform and adventure-based games that leverage artificial intelligence for interactive character engagement. Through its innovative projects, EVR Studio aims to enhance user experiences and facilitate social connections in virtual environments.

Korea Credit Data

Series C in 2021
Korea Credit Data Co., Ltd. is a Seoul-based company that specializes in developing business management software, particularly for small and medium enterprises. Founded in 2016, its flagship product, CashNote, enables users to manage card payment schedules, conduct customer analysis, and perform tax invoice inquiries. In addition to CashNote, Korea Credit Data offers a range of services that include customer analysis, point-of-sale (POS) systems, and payment solutions through its various subsidiaries. The company serves over two million businesses in Korea, aiming to address challenges faced by business owners throughout their operational lifecycle. By forming strategic partnerships with leading industry players, Korea Credit Data has established a strong market presence and expanded its offerings to include payment networks and credit bureau services, enhancing its ability to support its clients effectively.

Buffett Seoul

Series B in 2021
Buffett Seoul is a company based in Seoul, South Korea, founded in 2017, specializing in group physical training services. It aims to deliver a distinctive fitness experience by offering an optimized group matching service tailored to individuals' physiques, exercise levels, and goals. This approach allows users to access customized fitness programs that seamlessly integrate offline classes with online home training, enhancing the overall effectiveness and personalization of their fitness journey.

Standigm

Series C in 2021
Standigm, Inc. is a South Korean company founded in 2015 that specializes in artificial intelligence technologies for the pharmaceutical industry, focusing specifically on drug discovery. The company has developed proprietary AI platforms that streamline the drug development process, encompassing target identification, lead generation, and drug repurposing. Standigm's innovative workflow integrates advanced data parsing and biological interpretation to analyze biomedical data, allowing for the identification of valuable drug pipelines while minimizing traditional guesswork. Their automation technologies, including DarkMolFactory™, Standigm ASK™ for target discovery, and Standigm BEST™ for lead design, enable the rapid generation of First-in-Class lead compounds within a seven-month timeframe. By industrializing and automating the drug discovery process, Standigm aims to reduce both the time and cost associated with bringing new pharmaceuticals to market.

Dable

Series C in 2021
Dable is a Seoul-based global content discovery platform founded in 2015 that uses big data to help publishers and advertisers manage, deliver, and optimize content on the open web. The platform enables real-time content creation and editing, supports multiple formats, analyzes visitor behavior, and provides data-driven audience discovery to foster engagement and profitability. Dable has grown to partner with thousands of premium media and handles billions of monthly pageviews, with significant adoption across Asia including Korea, Indonesia, and Vietnam, and notable growth in Taiwan and Malaysia. The company has been recognized in the Financial Times APAC High-Growth list and leads in its media category.

MORAI

Series A in 2020
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.

Wave

Series B in 2020
Wave Corporation, founded in 2018 and based in South Korea, develops a mobile video chat application designed to enhance social interactions among users. The application enables individuals to create chat rooms where they can engage in group video chats, play live party games, watch video clips, read webtoons, and share photos. By facilitating these activities, Wave aims to reduce the distance between people, allowing friends to connect and interact in a more engaging and entertaining manner.

Dillyhub

Seed Round in 2020
Dillyhub Inc. is a company that develops and operates a digital platform aimed at promoting the work of independent comic artists. Founded in 2018 and headquartered in Namyangju-si, South Korea, with an additional office in Amsterdam, the Netherlands, Dillyhub provides a publishing and monetization platform specifically designed for comic creators. The platform employs proprietary technology to connect creators with fans, enhancing the discoverability of their works. By offering innovative tools for monetization, Dillyhub enables artists to effectively showcase and profit from their digital content, thereby fostering a supportive environment for independent comic creators.

Datumo

Series A in 2020
Datumo, formerly known as SelectStar Inc., specializes in a cloud-based artificial intelligence data production platform. The company has developed an application called Cash Mission, which collects and analyzes data while rewarding users for their contributions. By connecting corporate clients with a network of crowd-workers, Datumo aims to address the challenges of obtaining accurate data for AI applications. The platform not only facilitates this connection but also emphasizes the importance of quality and cost-efficiency in data production. Founded in 2018 and headquartered in South Korea, Datumo continues to innovate in the field of mobile crowd-sourcing to enhance data collection processes for enterprises.

Lunimedia

Series A in 2020
Lunimedia Corporation is a Seoul-based company established in 2017 that specializes in digital distribution for PC games in South Korea. Through its platform, Lunipark, the company connects PC game developers with a network of PC cafes across the nation, facilitating the distribution of various games that are often challenging to market. This platform caters specifically to the B2B sector, allowing PC cafes to offer gamers low-cost and efficient access to a wide range of video games, thereby enhancing the gaming experience in a concentrated gamer environment.

Return Zero

Series A in 2020
Return Zero, Inc. is a technology company based in Seoul, South Korea, founded in 2011. It specializes in developing an artificial intelligence-based voice recognition application that transforms phone conversations into text messages. The company's innovative application converts audio phone messages into messenger text, facilitating seamless communication. With a focus on advanced speech recognition and machine learning, Return Zero aims to enhance the accessibility and usability of voice interactions in digital messaging.

Impressivo

Venture Round in 2020
Impressivo, Inc. is a South Korean company founded in 2012 that specializes in the development of advanced fabric 3D touch sensors. These sensors are designed for use in smart wearables, Internet of Things (IoT) devices, automotive applications, digital healthcare, and both virtual and augmented reality interfaces. By creating pressure and multitouch sensitive fabric sensors, Impressivo aims to enhance user interaction with digital devices, enabling brands to incorporate smarter functionalities into their products. The company focuses on providing next-generation input solutions that enrich the experience of interacting with technology.

Lunit

Series C in 2019
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

Skelter Labs

Series B in 2019
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.

ONDA

Series A in 2019
ONDA is a hospitality technology company based in Seoul, South Korea, specializing in reservation management solutions for small to mid-size hotels and guesthouses both locally and internationally. The company offers a suite of products, including ONDA Plus for reservation management, ONDA Wave for integrated scheduling, and ONDA Star, a comprehensive property management system. Additionally, ONDA Easysell serves as a hotel extranet platform to enhance distribution capabilities. With a focus on optimizing hotel operations and increasing online visibility, ONDA aggregates real-time data from over 40,000 properties and distributes it across 50 online channels, enabling hotels to expand their reach and boost bookings. The company also publishes Magazine ON, which features interviews with accommodation owners and industry insights.

Remake Digital

Seed Round in 2019
Remake Digital Co., Ltd. is a digital marketing agency based in Seoul, South Korea, established in 2018. The company specializes in performance marketing and has developed an AI-driven platform known as CROLO, which automates the design of advertisement banners. By leveraging advanced technologies such as computer vision, natural language processing, and data analytics, Remake Digital aims to enhance ad performance while significantly reducing design time and costs for advertisers. Their innovative approach focuses on delivering quality, data-driven designs that adapt in real time, enabling clients to optimize their advertising strategies effectively.

Smart Radar System

Series A in 2019
Smart Radar System is a technology company specializing in radar vision solutions for automotive and industrial applications. Founded in 2017 and based in Seongnam-si, South Korea, the company has developed innovative products such as RETINA, a 4D image radar that offers high precision in distance and velocity measurement, and IRISv, a corner radar module designed to provide a 360-degree view of surrounding objects using multiple radar units. Other offerings include the RM68-01 industrial radar evaluation kit for high-performance applications, as well as additional components like Carrier Boards and Radar PC Software for enhanced functionality and control. Smart Radar System focuses on various applications, including autonomous vehicles, industrial monitoring, people counting, and vital sign detection, positioning itself as a leader in the radar technology sector.

Karrot Market

Series C in 2019
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

Datumo

Seed Round in 2019
Datumo, formerly known as SelectStar Inc., specializes in a cloud-based artificial intelligence data production platform. The company has developed an application called Cash Mission, which collects and analyzes data while rewarding users for their contributions. By connecting corporate clients with a network of crowd-workers, Datumo aims to address the challenges of obtaining accurate data for AI applications. The platform not only facilitates this connection but also emphasizes the importance of quality and cost-efficiency in data production. Founded in 2018 and headquartered in South Korea, Datumo continues to innovate in the field of mobile crowd-sourcing to enhance data collection processes for enterprises.

Wave

Series A in 2019
Wave Corporation, founded in 2018 and based in South Korea, develops a mobile video chat application designed to enhance social interactions among users. The application enables individuals to create chat rooms where they can engage in group video chats, play live party games, watch video clips, read webtoons, and share photos. By facilitating these activities, Wave aims to reduce the distance between people, allowing friends to connect and interact in a more engaging and entertaining manner.

Buffett Seoul

Series A in 2019
Buffett Seoul is a company based in Seoul, South Korea, founded in 2017, specializing in group physical training services. It aims to deliver a distinctive fitness experience by offering an optimized group matching service tailored to individuals' physiques, exercise levels, and goals. This approach allows users to access customized fitness programs that seamlessly integrate offline classes with online home training, enhancing the overall effectiveness and personalization of their fitness journey.

Standigm

Series B in 2019
Standigm, Inc. is a South Korean company founded in 2015 that specializes in artificial intelligence technologies for the pharmaceutical industry, focusing specifically on drug discovery. The company has developed proprietary AI platforms that streamline the drug development process, encompassing target identification, lead generation, and drug repurposing. Standigm's innovative workflow integrates advanced data parsing and biological interpretation to analyze biomedical data, allowing for the identification of valuable drug pipelines while minimizing traditional guesswork. Their automation technologies, including DarkMolFactory™, Standigm ASK™ for target discovery, and Standigm BEST™ for lead design, enable the rapid generation of First-in-Class lead compounds within a seven-month timeframe. By industrializing and automating the drug discovery process, Standigm aims to reduce both the time and cost associated with bringing new pharmaceuticals to market.

Tera Funding

Venture Round in 2019
Tera Funding is a real estate investment firm based in Seoul, South Korea, specializing in a peer-to-peer lending platform that connects small investors with opportunities in the construction sector. The firm facilitates loans for small to mid-sized properties and construction projects, offering mortgaged-backed products across three investment strategies: safe investments, balanced portfolios, and high-risk, high-return options. Tera Funding employs a systematic risk management process to ensure that investments are thoroughly assessed, allowing investors to engage securely in the real estate market. Through its online platform, Tera Funding aims to democratize access to real estate financing, enabling more individuals to participate in the sector.

Dr.Kitchen

Venture Round in 2019
Kitchen Doctor engages in research and development of diet programs for diabetes. Kitchen Doctor is based in Daejeon, South Korea with an additional office in Seoul, South Korea.

Lunimedia

Venture Round in 2019
Lunimedia Corporation is a Seoul-based company established in 2017 that specializes in digital distribution for PC games in South Korea. Through its platform, Lunipark, the company connects PC game developers with a network of PC cafes across the nation, facilitating the distribution of various games that are often challenging to market. This platform caters specifically to the B2B sector, allowing PC cafes to offer gamers low-cost and efficient access to a wide range of video games, thereby enhancing the gaming experience in a concentrated gamer environment.

Sugarhill

Series B in 2018
Sugarhill is a Korean company that develops an online commercial real estate platform called Nemo. The platform enables users to register and promote offices, shops, and shared office properties, while providing information to support reliable transactions and contracts. It aims to improve information symmetry by incorporating private data and also offers furniture and office supplies to help clients outfit and manage office spaces.

WhaTap

Series A in 2018
WhaTap is a Korean software company that designs cloud-based monitoring solutions for servers and databases, delivering real-time alerts to proactively warn customers of potential risks or malfunctions across platforms such as PC, mobile, and Apple Watch. The company provides a B2B service monitoring engine and an application monitoring platform that encrypts data between the agent and the server and analyzes performance in real time to support data reliability, redundancy, and recovery capabilities.

WhaTap

Series A in 2018
WhaTap is a Korean software company that designs cloud-based monitoring solutions for servers and databases, delivering real-time alerts to proactively warn customers of potential risks or malfunctions across platforms such as PC, mobile, and Apple Watch. The company provides a B2B service monitoring engine and an application monitoring platform that encrypts data between the agent and the server and analyzes performance in real time to support data reliability, redundancy, and recovery capabilities.

Limese

Venture Round in 2018
Limese Corp. is a South Korean company that specializes in the manufacture and retail of skincare products. Founded in 2016 and headquartered in Seoul, Limese offers a range of items designed to enhance skin health and appearance, including the Limesse Purifying Ampoule, Remese Energizing Ampoule, Limesse Brightening Ampoule, Limesse Super Tasker Cream, and Remesse Face Mask Real Brightening & Glow Up. The company primarily sells its products through online channels, catering to a growing e-commerce market in the beauty and skincare industry.

Skelter Labs

Series A in 2018
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.

LetinAR

Series A in 2018
LetinAR Co., Ltd., founded in 2016 and based in Seoul, South Korea, specializes in the development of augmented reality smart glasses. The company has introduced a groundbreaking technology known as PinMR™ lens, which addresses common limitations of existing augmented reality products, including bulky hardware and inadequate functionality. By utilizing its proprietary pin mirror technology, LetinAR's smart glasses reflect light from a microdisplay and guide it into the wearer's pupils through a pinhole effect. This innovation allows for enhanced optical control and a more immersive augmented reality experience, positioning LetinAR as a significant player in the evolving landscape of augmented reality technology.

Laftel

Venture Round in 2018
Laftel Inc. is a South Korean company founded in 2014 that operates a digital platform for comics and animation streaming. The company develops a mobile application and web service designed to collect and analyze user preferences in comics and anime, providing tailored recommendations to enhance user experience. Laftel's platform features a diverse array of animated content across various genres, including action, adventure, music, and sports, allowing users to stream and download a wide selection of animated videos and movies. By integrating user insights, Laftel aims to create an engaging and entertaining environment for its audience.

VITCON

Series A in 2018
Vitcon Inc. is a South Korean company based in Seoul that specializes in Internet of Things (IoT) solutions. It develops and supplies MODLINK, a built-in controller that integrates advanced software and hardware technologies. Vitcon's offerings include free software designed to empower non-software engineers to easily connect to and configure IoT systems using MODLINK. Through its innovative products and services, Vitcon aims to simplify the IoT experience, making it accessible to a broader audience.

Lunit

Series B in 2018
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

Karrot Market

Series B in 2018
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

Tevaluewise

Series A in 2018
TevalueWise Corp. is a leading online platform based in Seoul, South Korea, specializing in educational services. It offers a diverse range of courses catering to various educational levels, including kindergarten, graduate studies, foreign language instruction, and preparation for the Scholastic Assessment Test (SAT). Additionally, TevalueWise is recognized as Korea's premier instructor evaluation platform, focusing on the assessment of educators, including those teaching civil service exam preparation. By providing a comprehensive suite of educational resources and evaluation tools, TevalueWise aims to enhance the learning experience for students and ensure quality instruction across its offerings.

Dable

Series B in 2018
Dable is a Seoul-based global content discovery platform founded in 2015 that uses big data to help publishers and advertisers manage, deliver, and optimize content on the open web. The platform enables real-time content creation and editing, supports multiple formats, analyzes visitor behavior, and provides data-driven audience discovery to foster engagement and profitability. Dable has grown to partner with thousands of premium media and handles billions of monthly pageviews, with significant adoption across Asia including Korea, Indonesia, and Vietnam, and notable growth in Taiwan and Malaysia. The company has been recognized in the Financial Times APAC High-Growth list and leads in its media category.

Awair

Venture Round in 2018
Awair is a technology company that develops indoor air quality monitoring devices and a software platform that provides actionable insights to improve indoor environments. Its sensors measure temperature, humidity, CO2, volatile organic compounds, and particulate matter, delivering real‑time data to homeowners, schools, and workplaces. The platform aggregates the data, offers recommendations, and helps users reduce exposure to pollutants, thereby supporting health and cognitive performance. Awair is headquartered in San Francisco and has an additional office in Seoul.

PLATFOS

Seed Round in 2018
PLATFOS Co., Ltd. is a South Korean company that has developed a cloud-based mobile voucher platform aimed at facilitating the transmission and use of mobile products across countries. Established in 2015 and located in Seongnam-si, PLATFOS offers a system that enables businesses to issue their own electronic vouchers quickly and at no cost. The platform provides functionalities for the issuance, sale, and operation of mobile gift vouchers through software development kits (SDK) and application programming interfaces (API). This allows operators to create and manage their mobile vouchers efficiently, significantly reducing the time and cost typically associated with system development.

Wonders

Series B in 2018
Wonders Co., Ltd. is a logistics specialist company founded in 2014 and based in Seoul, South Korea. The company focuses on providing logistics and delivery solutions designed to enhance delivery speeds and customer satisfaction. Wonders offers a one-day express delivery service that allows customers to receive goods on the same day they place their orders. Utilizing a hub and spoke system, Wonders systematizes deliveries at a central point through a network of delivery partners, enabling efficient and hassle-free logistics for its clients.

Skelter Labs

Series A in 2018
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.

Grepp

Seed Round in 2017
Grepp is a South Korean company that operates an integrated platform for developer education, assessment, and recruitment. It offers practical programming courses, competency tests, and a streamlined hiring process that connects skilled developers with companies worldwide. The platform also supports career guidance and fosters problem‑solving skills, aiming to improve developers’ competitiveness and help organizations find talent that delivers high value. Grepp’s services are designed to support developers at all stages of their growth cycle, from learning to employment, and to promote fair evaluation and meaningful collaboration across industries and regions.

MARS Auto

Seed Round in 2017
MARS Auto Inc. is a South Korean company founded in 2017 that specializes in developing artificial intelligence-based autonomous navigation software for freight transport. The company aims to revolutionize the trucking industry by fully automating warehouse-to-warehouse truck operations, thereby significantly reducing manpower and costs associated with traditional freight forwarding. MARS Auto is focused on the South Korean trucking market, which is valued at approximately $50 billion. To advance its technology, the company engages in ongoing simulations and real-world testing to gather essential data. MARS Auto has established letters of intent with two of the largest logistics firms in Korea, indicating its strong potential for collaboration and growth in the sector.

Sugarhill

Series A in 2017
Sugarhill is a Korean company that develops an online commercial real estate platform called Nemo. The platform enables users to register and promote offices, shops, and shared office properties, while providing information to support reliable transactions and contracts. It aims to improve information symmetry by incorporating private data and also offers furniture and office supplies to help clients outfit and manage office spaces.

Baum

Series A in 2017
Baum, Inc. is a Daejeon, South Korea-based company that specializes in electronic design automation (EDA) software and solutions aimed at optimizing the energy efficiency of semiconductor designs. Founded in 2016 by experienced professionals from the semiconductor industry, Baum's technology supports hardware and software for power and thermal management, thereby enhancing low-power consumption. The company's offerings cater to engineering teams across various sectors, including automotive, mobile, networking, and server markets, enabling them to improve the efficiency of their chip designs. As a privately held entity, Baum focuses on delivering innovative solutions to meet the evolving needs of its clients in the semiconductor industry.

Weekly Shirts

Seed Round in 2017
Weekly Shirts is a clothing rental service startup in South Korea. It was formed to to relieve busy male workers’ stress for outfit. It operates ‘door-to-door delivery’ system that users can get used shirts changed with new shirts by hanging the used one on the door hand. Monthly delivery fee is $49 and the service is available in Seoul and Gyeonggi-do. Subscribers have a couple of options. With ‘Weekly Shirts’, they receive various types of dress shirts selected by the Weekly Shirts team. With ‘My Personalized Shirts,’ subscribers receive shirts that tailor to each subscriber’s taste and preferences. Since the launch, the number of subscribers has grown by 40% every month. The service was launched in October 2016.

Wonders

Series A in 2017
Wonders Co., Ltd. is a logistics specialist company founded in 2014 and based in Seoul, South Korea. The company focuses on providing logistics and delivery solutions designed to enhance delivery speeds and customer satisfaction. Wonders offers a one-day express delivery service that allows customers to receive goods on the same day they place their orders. Utilizing a hub and spoke system, Wonders systematizes deliveries at a central point through a network of delivery partners, enabling efficient and hassle-free logistics for its clients.

Trost

Seed Round in 2017
Trost Company, established in 2016 and headquartered in Seoul, South Korea, specializes in mental healthcare services. The company offers an array of online counseling options, including an employee assistance program (EAP) designed to support organizations in promoting mental well-being among employees. Utilizing a mobile application named TROST, the company connects users with qualified counselors who provide diagnosis and treatment through virtual consultations. Additionally, Trost offers various self-analysis tests, covering areas such as psychological health, personality assessment, depression, self-esteem, and job-related stress. Through its services, Trost aims to enhance access to mental health resources and foster psychological well-being.

Skelter Labs

Seed Round in 2017
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.

EVR Studio

Venture Round in 2016
EVR Studio is a technology-focused digital content development company based in Seoul, South Korea. The company specializes in creating virtual reality platforms that cater to a diverse range of applications, including gaming, visual graphics, engineering, fashion, writing, and photography. Its offerings encompass the development of digital humans, media art, and XR media content, along with a metaverse platform and adventure-based games that leverage artificial intelligence for interactive character engagement. Through its innovative projects, EVR Studio aims to enhance user experiences and facilitate social connections in virtual environments.

Karrot Market

Series A in 2016
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.

Korea Credit Data

Seed Round in 2016
Korea Credit Data Co., Ltd. is a Seoul-based company that specializes in developing business management software, particularly for small and medium enterprises. Founded in 2016, its flagship product, CashNote, enables users to manage card payment schedules, conduct customer analysis, and perform tax invoice inquiries. In addition to CashNote, Korea Credit Data offers a range of services that include customer analysis, point-of-sale (POS) systems, and payment solutions through its various subsidiaries. The company serves over two million businesses in Korea, aiming to address challenges faced by business owners throughout their operational lifecycle. By forming strategic partnerships with leading industry players, Korea Credit Data has established a strong market presence and expanded its offerings to include payment networks and credit bureau services, enhancing its ability to support its clients effectively.

AlcaCruz

Seed Round in 2016
AlcaCruz, Inc. is a video streaming company specializing in innovative streaming solutions for sports, esports, concerts, and other events. Founded in 2014 and headquartered in San Mateo, California, with an additional office in Seoul, South Korea, the company is known for its SuperStream MultiView technology. This platform allows content creators and users to stream multiple live or recorded camera feeds simultaneously, providing an interactive viewing experience with intuitive screen and audio controls on any device. AlcaCruz's technology enables viewers to access various events or games at the same time while utilizing significantly less bandwidth, thereby reducing costs associated with traditional streaming methods. The company has also developed CruzTV, a global esports streaming platform that enhances viewer engagement by delivering multiple perspectives in a single interactive screen.

Lunit

Series A in 2016
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

WhaTap

Venture Round in 2016
WhaTap is a Korean software company that designs cloud-based monitoring solutions for servers and databases, delivering real-time alerts to proactively warn customers of potential risks or malfunctions across platforms such as PC, mobile, and Apple Watch. The company provides a B2B service monitoring engine and an application monitoring platform that encrypts data between the agent and the server and analyzes performance in real time to support data reliability, redundancy, and recovery capabilities.

Dable

Series A in 2016
Dable is a Seoul-based global content discovery platform founded in 2015 that uses big data to help publishers and advertisers manage, deliver, and optimize content on the open web. The platform enables real-time content creation and editing, supports multiple formats, analyzes visitor behavior, and provides data-driven audience discovery to foster engagement and profitability. Dable has grown to partner with thousands of premium media and handles billions of monthly pageviews, with significant adoption across Asia including Korea, Indonesia, and Vietnam, and notable growth in Taiwan and Malaysia. The company has been recognized in the Financial Times APAC High-Growth list and leads in its media category.

Standigm

Series A in 2016
Standigm, Inc. is a South Korean company founded in 2015 that specializes in artificial intelligence technologies for the pharmaceutical industry, focusing specifically on drug discovery. The company has developed proprietary AI platforms that streamline the drug development process, encompassing target identification, lead generation, and drug repurposing. Standigm's innovative workflow integrates advanced data parsing and biological interpretation to analyze biomedical data, allowing for the identification of valuable drug pipelines while minimizing traditional guesswork. Their automation technologies, including DarkMolFactory™, Standigm ASK™ for target discovery, and Standigm BEST™ for lead design, enable the rapid generation of First-in-Class lead compounds within a seven-month timeframe. By industrializing and automating the drug discovery process, Standigm aims to reduce both the time and cost associated with bringing new pharmaceuticals to market.

Dr.Kitchen

Seed Round in 2016
Kitchen Doctor engages in research and development of diet programs for diabetes. Kitchen Doctor is based in Daejeon, South Korea with an additional office in Seoul, South Korea.

Sugarhill

Venture Round in 2016
Sugarhill is a Korean company that develops an online commercial real estate platform called Nemo. The platform enables users to register and promote offices, shops, and shared office properties, while providing information to support reliable transactions and contracts. It aims to improve information symmetry by incorporating private data and also offers furniture and office supplies to help clients outfit and manage office spaces.

CwaveSoft

Series A in 2016
CwaveSoft Inc. is a South Korean company founded in 2013, specializing in the development of online games. Established by a former head director of a prominent gaming firm, CwaveSoft operates an online gaming studio that focuses on creating action games. The company aims to provide an entertaining experience for gamers through innovative and challenging gameplay, allowing game developers to concentrate on various PC genres. Based in Seoul, CwaveSoft is committed to enhancing the online gaming landscape.

V8 Games

Seed Round in 2016
V8 Games, founded in 2015 and based in Seoul, South Korea, specializes in developing mobile games. The company focuses on creating casual social networking games and has a team composed of key personnel from Party Games. V8 Games offers titles such as "Minion Forest," which are accessible across various platforms, allowing players to fully engage in immersive gaming experiences.

Standigm

Series A in 2016
Standigm, Inc. is a South Korean company founded in 2015 that specializes in artificial intelligence technologies for the pharmaceutical industry, focusing specifically on drug discovery. The company has developed proprietary AI platforms that streamline the drug development process, encompassing target identification, lead generation, and drug repurposing. Standigm's innovative workflow integrates advanced data parsing and biological interpretation to analyze biomedical data, allowing for the identification of valuable drug pipelines while minimizing traditional guesswork. Their automation technologies, including DarkMolFactory™, Standigm ASK™ for target discovery, and Standigm BEST™ for lead design, enable the rapid generation of First-in-Class lead compounds within a seven-month timeframe. By industrializing and automating the drug discovery process, Standigm aims to reduce both the time and cost associated with bringing new pharmaceuticals to market.

momo

Seed Round in 2016
Momo is a South Korean company founded in 2015, primarily focused on developing movie and web-based drama content for mobile platforms. Based in Seoul, Momo specializes in creating engaging media and entertainment experiences, particularly through its innovative offerings in web drama and video content. The company aims to leverage the growing demand for mobile entertainment by providing high-quality, accessible content tailored for mobile phones.

Lunit

Series A in 2015
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

Text Factory

Seed Round in 2015
Text Factory provides MUNBS service, the leading text-based assistant service in Korea and aims at making busy people feel relaxed and allowing them to focus on more important things in their lives. MUNBS supports various customer requests from reservations, purchases, deliveries to information search in cooperation with many suppliers and service providers in the market.

Dunamu

Series B in 2015
Dunamu is a Seoul-based technology company that develops and operates digital asset and blockchain-related services. It runs UPbit, a cryptocurrency exchange with presence in Korea, Indonesia, Thailand, and Singapore, and Luniverse, a blockchain platform, along with UBCI, a cryptocurrency market index. The company also provides securities information and trading through Stockplus and an OTC platform for private companies via U-Stockplus, as well as Onboard, an equity-management platform for private firms. It offers investment services and mobile access to its platforms, enabling users to trade digital assets, access market data, and manage private equity electronically. Founded in 2012, Dunamu focuses on connecting users with digital assets, blockchain infrastructure, and private-market services across its platforms.

Awair

Seed Round in 2015
Awair is a technology company that develops indoor air quality monitoring devices and a software platform that provides actionable insights to improve indoor environments. Its sensors measure temperature, humidity, CO2, volatile organic compounds, and particulate matter, delivering real‑time data to homeowners, schools, and workplaces. The platform aggregates the data, offers recommendations, and helps users reduce exposure to pollutants, thereby supporting health and cognitive performance. Awair is headquartered in San Francisco and has an additional office in Seoul.

Popjoy Games

Seed Round in 2015
Popjoy Games is a mobile gaming company based in Seoul, South Korea, specializing in the development of real-time multiplayer games. The company focuses on engaging players globally through its offerings, which include titles such as Demi God War, Yoda Devasangra, and Cartoon Network Arena. Popjoy Games integrates advanced AI game server technology in its mobile platforms to facilitate seamless real-time player-versus-player battles across various arenas. This innovative approach allows users to connect, compete, and form a community with other gamers worldwide, enhancing the overall gaming experience.

Dable

Seed Round in 2015
Dable is a Seoul-based global content discovery platform founded in 2015 that uses big data to help publishers and advertisers manage, deliver, and optimize content on the open web. The platform enables real-time content creation and editing, supports multiple formats, analyzes visitor behavior, and provides data-driven audience discovery to foster engagement and profitability. Dable has grown to partner with thousands of premium media and handles billions of monthly pageviews, with significant adoption across Asia including Korea, Indonesia, and Vietnam, and notable growth in Taiwan and Malaysia. The company has been recognized in the Financial Times APAC High-Growth list and leads in its media category.

Dunamu

Series A in 2015
Dunamu is a Seoul-based technology company that develops and operates digital asset and blockchain-related services. It runs UPbit, a cryptocurrency exchange with presence in Korea, Indonesia, Thailand, and Singapore, and Luniverse, a blockchain platform, along with UBCI, a cryptocurrency market index. The company also provides securities information and trading through Stockplus and an OTC platform for private companies via U-Stockplus, as well as Onboard, an equity-management platform for private firms. It offers investment services and mobile access to its platforms, enabling users to trade digital assets, access market data, and manage private equity electronically. Founded in 2012, Dunamu focuses on connecting users with digital assets, blockchain infrastructure, and private-market services across its platforms.

BLACK BEARD

Seed Round in 2014
BLACK BEARD (블랙비어드) is a Korean provider of mobiles games and services. Its service portfolio includes content management systems (CMS) that enables its users to collect, analyze, and manage photos for various social media, as well as outsourcing travel and reservation projects. BLACK BEARD was established in November 2013 in Seoul, Korea.

Dining Code

Seed Round in 2014
Dining Code Ltd. is a South Korean company founded in 2014, operating an online search portal that utilizes big data analytics to assist users in discovering restaurants nearby. Based in Seoul, the platform provides a comprehensive and user-friendly interface for individuals seeking dining options, leveraging data to enhance the restaurant search experience.

Zaiseoul

Seed Round in 2014
Zaiseoul, Inc. is a South Korea-based company that provides travel advisory services tailored specifically for Chinese tourists. The firm operates a comprehensive information portal that assists Chinese travelers planning visits to South Korea. This platform offers valuable insights into various aspects of travel, including accommodation options, visa requirements, local payment methods, shopping destinations, attractions, and dining choices. By focusing on the needs of Chinese tourists, Zaiseoul aims to enhance their travel experience in South Korea.

Lunit

Seed Round in 2014
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

Mr.Koon

Seed Round in 2014
Mr.Khun (미스터쿤) is a Korean company developing and maintaining a social commerce website that sells smart products for those living a smart lifestyle. The company, through its website www.mrkoon.com, offers a versatile compilation of smart products ranging from mobile devices, sports items, accessories, smart homeware, smart medical equipment, and smart electronics.

ByBox

Seed Round in 2014
One of Korea’s most recognized icons in fashion design and an industry expert in digital content have teamed up to found byBox, the curation commerce service for fashion. Kan Ho Sub was a former mentor on the television program Project Runway Korea and professor at Hongik University. byBox CEO Sae Woon Jung was a Producer at Cheil Worldwide Inc., where he was recognized for his successful execution of IPTV content services. byBox offers boxes of jewelry and accessories created by Korean designers and curated by major celebrities and experts such as renowned fashion stylists. ‘byBox season2’ opened with new contents and services of the brand after large renewal of its online pages in August 2014. From fashion, living, to kids, byBox provides theme products throughout life-style products.

Cherry Bugs

Angel Round in 2014
The Cherry Bugs team consists of six experienced developers who worked together at WeMade Entertainment, one of Korea’s top game companies, for many years and produced award-winning games. CEO Chul Ho Jung was the Section Chief of WeMade Entertainment’s graphics department, which had 120 graphic designers. His PC game ‘The Boss’ won the Grand Prize at the 2003 Korea Game Awards. Producer Hyun Jin Jang is a globally recognized animator who won 4th Place at Dominance War, the international game art competition.

WIV Labs

Angel Round in 2013
WIV Labs is a technology-driven company based in Seoul, South Korea, specializing in data and social analytics software, primarily through its product Qaster. Founded in 2013, the company focuses on the collection and analysis of data via a global Social Networking Service (SNS), extracting meaningful insights from user-generated questions and answers. With a team comprising leading experts in search engine technology, WIV Labs enhances the effectiveness of marketing campaigns by employing innovative approaches to data analysis, deviating from traditional marketing processes. The company's expertise includes the development of Korea's second-largest search engine, Daum, demonstrating its strong capabilities in the tech sector.

O'ol Blue

Angel Round in 2013
O'ol Blue Inc. is a South Korean developer of mobile games, established in 2012. The company focuses on creating engaging gaming experiences, with notable products such as HunterHunter and Mighty Quest. O'ol Blue's games are designed to be compatible with various platforms, including iOS, Naver, and U+ devices, allowing users to compete with players worldwide. The organization aims to enhance the overall gaming experience by providing innovative and enjoyable gameplay.

Dunamu

Angel Round in 2013
Dunamu is a Seoul-based technology company that develops and operates digital asset and blockchain-related services. It runs UPbit, a cryptocurrency exchange with presence in Korea, Indonesia, Thailand, and Singapore, and Luniverse, a blockchain platform, along with UBCI, a cryptocurrency market index. The company also provides securities information and trading through Stockplus and an OTC platform for private companies via U-Stockplus, as well as Onboard, an equity-management platform for private firms. It offers investment services and mobile access to its platforms, enabling users to trade digital assets, access market data, and manage private equity electronically. Founded in 2012, Dunamu focuses on connecting users with digital assets, blockchain infrastructure, and private-market services across its platforms.

Neptune

Pre Seed Round in 2012
Neptune Company, founded in 2012 and based in Seongnam, South Korea, specializes in the development of mobile games for smartphones and tablet PCs. The company operates as an online game center, providing services that support game developers in creating engaging mobile experiences. Neptune focuses on developing its own games while also acquiring intellectual properties across various genres, aiming to strengthen its portfolio and expand its presence in both the domestic and international gaming markets.

MVERSE

Angel Round in 2012
MVERSE Inc. is a South Korean company founded in 2012, specializing in e-commerce by retailing fashion apparel, accessories, and cosmetic products. Operating under the name Surprise, MVERSE also focuses on designing and developing mobile accessories and mobile commerce solutions. The company aims to enhance the online shopping experience by integrating innovative technology with its product offerings. Based in Seoul, MVERSE plays a significant role in the intersection of fashion retail and mobile commerce, catering to a diverse customer base in the open market.

Greenmonster

Angel Round in 2012
Greenmonster, Inc., founded in June 2011 and based in Seoul, Korea, is a mobile services company specializing in the development and marketing of the Flava application. Flava is a cloud-based diary application designed for iOS devices, allowing users to organize multimedia content—including photos, text, and sounds—within a single interface. The application enhances the multimedia writing experience and includes a lifeblog service, enabling users to document and capture significant moments in their lives.

WishLink

Angel Round in 2012
WishLink is a South Korean company established in April 2011, specializing in the development of mobile shopping services. Based in Seoul, it offers a comprehensive platform known as Cacao Style, which integrates e-commerce, advertising, and brokerage functionalities. This platform is designed to enhance the online shopping experience for consumers, making it easier to access a variety of products and services. By focusing on mobile technology, WishLink aims to streamline the shopping process and provide efficient solutions for users in the digital marketplace.

Vingle

Series A in 2012
Vingle, Inc. operates an online community platform that connects individuals through shared interests. Established in 2012 and headquartered in San Francisco, California, Vingle provides a mobile app and web service available in over 20 languages. The platform features more than 3,000 interest-based communities, covering a wide range of topics from hobbies and professional fields to fandoms. Users can engage with one another by sharing thoughts, asking questions, and participating in discussions within these communities. With additional offices in Tokyo and Seoul, Vingle aims to foster global connections among users who share similar passions.
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