Naver

Naver is a prominent internet company based in Seongnam, South Korea, that operates as a leading search engine and e-commerce platform. Founded in 1999, it has evolved to provide a diverse range of services, including fintech, digital content, and cloud solutions. Naver is known for its innovative search features such as Comprehensive Search, Knowledge iN, and Real-time Rising Keyword. The company also offers user-generated content services through platforms like Blog and Cafe, along with Junior Naver, a dedicated portal for children, and Happybean, an online donation service. Naver pioneered the webtoon industry, introducing its digital comic service in 2004. Additionally, it operates several popular applications, including the LINE mobile messenger and the video messaging app Snow. Naver further engages in software development, search advertising, online shopping, and IT infrastructure services, solidifying its status as a comprehensive internet platform in South Korea and beyond.

Hae-Jin Lee

GIO and Co-Founder

Past deals in South Korea

Brandi

Venture Round in 2022
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.

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 develops solutions for various medical imaging modalities, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. Lunit aims to enhance clinical decision-making for physicians by leveraging machine learning technology to provide accurate and consistent diagnoses. Its product offerings include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which includes AI-powered biomarkers for immuno-oncology. Lunit's deep learning technology has been recognized for its capabilities, ranking among the top in prestigious image recognition competitions, highlighting its innovative approach to processing medical imaging data and utilizing weakly labeled data for improved pattern recognition.

Brandi

Series C in 2021
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.

Dohands

Series B in 2021
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in customized solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and tailored delivery options. Dohands focuses on short-term delivery, providing effective logistics alternatives for crowdfunding, pre-orders, and promotional activities, thereby enabling businesses to transport and deliver their products in a cost-efficient manner. Through its innovative approach, Dohands aims to simplify the logistics process for e-commerce companies.

Tving

Series B in 2021
TVING is a South Korean online streaming service based in Seoul, specializing in the broadcast of Korean movies and series. The platform operates on a subscription model, offering subscribers access to a wide range of the latest content, along with high-quality visual and audio experiences. By focusing on Korean entertainment, TVING caters to a growing demand for localized content in the streaming market.

CJ ENM

Post in 2020
CJ ENM is a South Korean entertainment and mass media company based in Seoul, primarily engaged in the creation and distribution of diverse media content. Established in 1993, it operates across various sectors including television, film, music, and online gaming. The company manages a portfolio of 18 cable TV channels and offers broadcasting services through satellite, IPTV, and mobile platforms. Additionally, CJ ENM is involved in home shopping and e-commerce, providing a range of products such as electronics, sports gear, and household items through television and online channels. The company also supports musical performances and theatrical productions, further enhancing its presence in the entertainment industry.

CJ Logistics

Corporate Round in 2020
CJ Logistics Corporation, founded in 1930 and based in Seoul, South Korea, offers comprehensive transportation and logistics services both domestically and internationally. The company provides a wide array of services, including contract logistics, parcel delivery, international express, forwarding, stevedoring, and project logistics. With a strong focus on industry-specific consulting, CJ Logistics emphasizes systematic and efficient operations supported by advanced logistics infrastructure. It operates a global logistics network that spans 22 countries, enabling it to deliver integrated logistics solutions tailored to the needs of its clients. As a subsidiary of CJ Corporation, CJ Logistics continues to enhance its service offerings and expand its presence in the logistics sector.

Qualson

Series B in 2020
Qualson Inc., founded in 2012 and based in Seoul, South Korea, specializes in developing mobile applications for language learning services, particularly focusing on English. The company operates a mobile educational platform that provides innovative and engaging educational experiences through technology, allowing users to learn English in an enjoyable manner using real-world content. Qualson has successfully secured funding from notable investors, including Samsung SDS, POSCO Capital, Softbank, Capstone, and DSC, which supports its mission to enhance language learning through interactive mobile solutions.

Brandi

Series B in 2020
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.

Dealicious

Series B in 2020
Dealicious operates an online marketplace that connects fashion wholesalers in South Korea with retailers around the globe. Specializing in the vibrant Dongdaemun fashion district, it provides access to a vast selection of clothing, bags, shoes, and accessories. The platform features approximately 11,000 registered wholesale stores, allowing retailers to browse and order from an extensive inventory of items, with 24,000 new products added daily. This streamlined service eliminates the need for retailers to visit physical markets, thereby saving time and resources. Dealicious focuses on enhancing the user experience by offering customer-centric services that simplify access to quality Korean fashion products. By facilitating direct interactions between wholesalers and retailers, the company aims to make the wholesale supply chain more efficient and accessible.

Dohands

Series A in 2020
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in customized solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and tailored delivery options. Dohands focuses on short-term delivery, providing effective logistics alternatives for crowdfunding, pre-orders, and promotional activities, thereby enabling businesses to transport and deliver their products in a cost-efficient manner. Through its innovative approach, Dohands aims to simplify the logistics process for e-commerce companies.

LetinAR

Series A in 2018
LetinAR Co., Ltd., founded in 2016 and based in Seoul, South Korea, specializes in developing augmented reality (AR) smart glasses. The company has introduced a pioneering technology known as PinMR™ lens, which addresses common issues in existing AR products, such as bulkiness, high costs, and limited functionality. By utilizing proprietary pin mirror technology, LetinAR's smart glasses reflect light from a microdisplay and guide it into the wearer's pupils through a unique pinhole effect. This innovation enhances optical control during augmented reality experiences, allowing for designs that closely resemble traditional eyeglasses while improving wearability and usability.

Drama & Company

Venture Round in 2018
Drama & Company is a mobile-based startup based in Seoul, South Korea, established in June 2013. The company specializes in developing applications for creating and managing mobile business cards. Its flagship service, Profeel.me, allows users to design and share personalized business cards via smartphones, incorporating images, profiles, and social media links. Users can share these cards through various platforms, including messaging services like Kakao Talk. Additionally, Drama & Company offers the Remember app, which enables users to scan, sort, and store their business cards in one convenient location, enhancing networking efficiency for professionals.

BRUNT.CO,.LTD

Series A in 2018
Brunt Co. Ltd. specializes in designing and manufacturing Internet of Things (IoT) smart home hardware and software. Established in 2015 and based in Seoul, South Korea, the company offers a range of products aimed at enhancing daily convenience and lifestyle experiences. Its key offerings include the Brunt Blind Engine, which converts standard blinds into smart electric versions; the Brunt PowerStation, a multifunctional device for diverse electricity supply; and the Brunt Plug, which allows users to control various electric devices via a smartphone. Additionally, Brunt produces the Brunt WIFI Router and the Brunt Cord, a portable USB and AC power strip. The company also develops software solutions, notably Brunt Sky, an IoT operating platform for remote device control and usage analysis, and the Brunt App, which facilitates smartphone control and monitoring of connected devices. Through these innovations, Brunt Co. Ltd. aims to alleviate daily inconveniences and empower customers to personalize their living environments.

Drama & Company

Series A in 2017
Drama & Company is a mobile-based startup based in Seoul, South Korea, established in June 2013. The company specializes in developing applications for creating and managing mobile business cards. Its flagship service, Profeel.me, allows users to design and share personalized business cards via smartphones, incorporating images, profiles, and social media links. Users can share these cards through various platforms, including messaging services like Kakao Talk. Additionally, Drama & Company offers the Remember app, which enables users to scan, sort, and store their business cards in one convenient location, enhancing networking efficiency for professionals.

Loplat

Venture Round in 2017
Loplat is a South Korean company founded in 2015 that specializes in cloud-based location data analysis and indoor positioning technology. The company utilizes Wi-Fi to track users' exact locations in real-time within retail environments, eliminating the need for additional devices like beacons. Loplat's platform includes a location recognition engine that provides businesses with tools to analyze customer behavior and offers insights into traffic flow and visit history. Among its offerings is a dashboard called Leaflet, which helps retailers understand customer movement within stores. Additionally, Loplat has developed a crowd-sourcing app named Cash Place, which gathers wireless location data and maintains updated information on new and closing stores. Through these solutions, Loplat enables businesses to implement targeted marketing strategies and enhance customer engagement based on real-time location data.

Poolus

Series A in 2017
Poolus Inc. is a company that specializes in ride-sharing services, focusing on real-time carpool matching through its smartphone application. Founded in 2016 and based in Seoul, South Korea, Poolus connects non-taxi vehicle drivers with passengers, offering a platform that promotes cost-effective travel options. The application also features various discount coupons and promotions, encouraging users to reduce expenses and minimize environmental impact. Additionally, Poolus provides a driver certification program to ensure safety and reliability within its service.

Woowa Bros

Series F in 2017
WOOWA BROS (우아한형제들) is a Korean developer of smartphone applications and advertising platforms. Its service portfolio also includes local marketing and web services solutions and products, such as a sports events app and a food delivery app. WOOWA BROS was established in March 2011 in Seoul, Korea.

Crowdworks

Seed Round in 2017
CrowdWorks, Inc. operates an online crowdsourcing platform designed to enhance the artificial intelligence (AI) workflow by providing high-quality training data for machine learning applications. Based in Seoul, South Korea, the company specializes in collecting, strengthening, and structuring learning data for various forms, including images, text, voice, and survey responses. With a network of approximately 500,000 qualified labelers, CrowdWorks aims to improve the accuracy of human-generated data, thereby accelerating the machine learning process. Its platform incorporates Auto-ML features, allowing AI development to be more efficient. Over 430 leading AI companies have utilized CrowdWorks' solutions to expedite the training and deployment of advanced AI services.

LetinAR

Seed Round in 2017
LetinAR Co., Ltd., founded in 2016 and based in Seoul, South Korea, specializes in developing augmented reality (AR) smart glasses. The company has introduced a pioneering technology known as PinMR™ lens, which addresses common issues in existing AR products, such as bulkiness, high costs, and limited functionality. By utilizing proprietary pin mirror technology, LetinAR's smart glasses reflect light from a microdisplay and guide it into the wearer's pupils through a unique pinhole effect. This innovation enhances optical control during augmented reality experiences, allowing for designs that closely resemble traditional eyeglasses while improving wearability and usability.

Orfeo SoundWorks

Seed Round in 2017
Orfeo SoundWorks is an engineering-driven research & development company that designs audio devices to provide high quality sound and uninterrupted communications to its customers. Founded in 2015 in Korea, the company now has offices in the United States and South Korea. Its business domain splits into premier noise-blocking Bluetooth earphones and B2B audio solutions.

YG Entertainment

Post in 2017
YG Entertainment Inc. is a South Korean talent development and production company founded in 1996 by Yang Hyun Suk. Originally named Hyun Entertainment, it rebranded to YG Entertainment in April 2001. The company has played a significant role in popularizing hip-hop music in Korea and has been the launching pad for numerous successful artists, including BIGBANG and 2NE1, as well as earlier acts like JINUSEAN and 1TYM. YG Entertainment not only focuses on music but also provides content services and manages a diverse roster of artists and actors, fostering a collaborative environment that encourages the exchange of ideas in music, fashion, art, and culture. The company's unique approach has made it a prominent figure in the South Korean entertainment industry.

UrbanPlay

Seed Round in 2016
UrbanPlay Inc. is a South Korean company established in 2013 that focuses on creating content related to urban culture. It collects and processes both tangible and intangible content, providing a platform for users to explore urban issues in innovative ways. The company offers a variety of services including online platforms, regional projects, multimedia, publications, and community spaces, all aimed at fostering a sustainable urban cultural ecosystem. UrbanPlay designs emotional city experiences by addressing urban challenges through accessible technology, while also providing real estate content services that include local marketing, merchandise, and publishing. This approach enables users to engage with their neighborhoods in a content-oriented manner.

Vendys

Series A in 2016
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Founded in 2013 and based in Seoul, Vendys provides a platform that facilitates the development of mobile food stamps, meal coupons, and discount promotions. The company's services are designed to enhance employee engagement and streamline meal management for organizations. By partnering with local restaurants, Vendys enables employers to offer convenient dining benefits, thus promoting a better dining culture within the workplace. The company’s innovative approach supports staff welfare and enhances the overall experience of employees during their workday.

Brandi

Seed Round in 2015
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.

Bungaejangter

Acquisition in 2013
Bungaejangter, commonly known as Bunjang, is a prominent online marketplace in South Korea that specializes in customer-to-customer (C2C) transactions for secondhand goods. The platform facilitates peer-to-peer trading across various categories, including electronics, apparel, and personal care items. As of 2022, it has recorded a gross merchandise value of KRW 2.5 trillion and has facilitated over 21 million transactions. Bunjang has implemented its own secure payment system, "Bungae Pay," to enhance transaction safety. Additionally, the company offers "Bungae Care," an authentication and inspection service aimed at luxury goods and sneakers, ensuring a reliable buying and selling experience. Through the integration of advanced technology, Bunjang aims to create a seamless and stress-free environment for users engaging in secondhand trading.

The Beatpacking Company

Seed Round in 2013
The Beatpacking Company is a prominent provider of ad-supported music streaming services in South Korea, offering a mobile application known as BEAT. This platform allows users to access a diverse range of music tailored to their genre preferences, enhancing the listening experience through social features. By focusing on mobile devices and smartphones, The Beatpacking Company caters to the growing demand for music streaming in a mobile-centric environment, establishing itself as a leader in the South Korean music streaming market.

Aeria Games GmbH

Funding Round in 2012
Aeria Games is a leading publisher of free-to-play online multiplayer games with a rapidly growing community of over 70 million registered players and a deep portfolio of development partners. A wholly-owned subsidiary of ProSiebenSat.1 Media SE, Aeria Games is headquartered in Berlin, Germany, with offices in San Francisco and Seoul. Aeria Games publishes and develops high-quality online PC, mobile, and browser games in nine languages across the world. The company’s diverse portfolio includes titles like the popular anime MMORPG Aura Kingdom, action-packed shooter A.V.A., mobile soccer manager Goal One, and dozens more in a multitude of game genres. For more information, visit http://www.aeriagames.com.
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