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100 Accelerators & Incubators
Download The List of the 100 Highest-Valued Unicorns

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100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

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100 Top Unicorns
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The Founder's Handbook

The 14 Unicorns Founded in South Korea (2024)

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Have you ever wondered which private companies in South Korea have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 14 South Korea unicorn startups, from highest to lowest valuation.

The 14 Unicorns in South Korea

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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AI Investors
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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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1) Toss

Toss

Toss is a team of talented South Koreans who started to develop mobile applications at early age. Now, they bring their experience to create the most convenient and secure financial application.

Details of the startup:

  • Valuation: $7.40B (December 2018)
  • City: Seoul
  • Started in: 2013
  • Founders: Seunggun Lee
  • Industries: Financial Services, FinTech, Mobile Apps, Mobile Payments, Personal Finance
  • Number of employees: 500-1,000
  • Funding: $844.20M
  • Funding rounds: 10
  • Number of investors: 22

You can find their website here.

2) Kurly

Kurly

Market Kurly is a food delivery and logistics platform that enables its users to order food online.

Details of the startup:

  • Valuation: $3.30B (July 2021)
  • City: Seoul
  • Started in: 2014
  • Founders: Sophie Kim
  • Industries: Consumer, E-Commerce, Food and Beverage, Food Delivery, Online Portals
  • Number of employees: 250-500
  • Funding: $769.86M
  • Funding rounds: 8
  • Number of investors: 14

You can find their website here.

3) Tridge

Tridge

Tridge is creating an online trade platform to connect global food agriculture buyers and sellers.

Details of the startup:

  • Valuation: $2.70B (August 2022)
  • State: Seoul-tukpyolsi
  • City: Seoul
  • Started in: 2015
  • Founders: Hoshik Shin, Kangwook Lee, Minjong Chung
  • Industries: Agriculture, AgTech, E-Commerce, Trading Platform
  • Number of employees: 501-1000
  • Funding: $113.79M
  • Funding rounds: 4
  • Number of investors: 4

You can find their website here.

4) WEMAKEPRICE

WEMAKEPRICE

Wemakeprice is an innovative money saving platform that allows consumers to obtain the best deals on products from online shops.

Details of the startup:

  • Valuation: $2.34B (September 2015)
  • City: Seoul
  • Started in: 2009
  • Founders: Huh Min
  • Industries: Advertising, Advertising Platforms, E-Commerce
  • Number of employees: 250-500
  • Funding: $486.65M
  • Funding rounds: 3
  • Number of investors: 2

You can find their website here.

5) MUSINSA

MUSINSA

Musinsa is a fast-growing online fashion store and marketplace that offers stylish clothes, accessories, shoes, and bags from over 200 global fashion brands and designers.

Details of the startup:

  • Valuation: $2.20B (November 2019)
  • City: Seoul
  • Started in: 2001
  • Founders: Cho Man Ho
  • Industries: E-Commerce, Fashion, Retail
  • Number of employees: 500-1,000
  • Funding: $286.36M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

6) ZigBang

ZigBang

ZigBang is a real estate marketplace with an apartment search app.

Details of the startup:

  • Valuation: $1.93B (June 2022)
  • State: Seoul-tukpyolsi
  • City: Seoul
  • Started in: 2010
  • Founders: sung woo ahn
  • Industries: Apps, Marketplace, Property Management, Real Estate, Search Engine
  • Number of employees: 101-250
  • Funding: $234.30M
  • Funding rounds: 9
  • Number of investors: 11

You can find their website here.

7) MegazoneCloud

MegazoneCloud

Megazone Cloud is a cloud optimisation startup with experience in enterprise hosting and ITSM systems.

Details of the startup:

  • Valuation: $1.83B (August 2022)
  • State: Seoul-tukpyolsi
  • City: Seoul
  • Started in: 2018
  • Founders: Joo-Wan Lee
  • Industries: Cloud Computing, Information Technology, Internet, SaaS, Web Hosting
  • Number of employees: 501-1000
  • Funding: $673.01M
  • Funding rounds: 5
  • Number of investors: 20

You can find their website here.

8) OHouse

OHouse

OHouse is a one-stop lifestyle platform that allows customers to easily source and buy goods for their homes.

Details of the startup:

  • Valuation: $1.40B (May 2022)
  • State: Seoul-tukpyolsi
  • City: Seoul
  • Started in: 2014
  • Founders: Seungjae Lee
  • Industries: E-Commerce, Home Improvement, Home Services, Interior Design, Marketplace
  • Number of employees: 501-1000
  • Funding: $260.94M
  • Funding rounds: 5
  • Number of investors: 11

You can find their website here.

9) RIDI

RIDI

RIDI Corporation, headquartered in Seoul, is South Koreaâ€TMs leading content platform specialising in Web Comics, Web Fiction, and e-books.

Details of the startup:

  • Valuation: $1.33B (January 2022)
  • State: Seoul-tukpyolsi
  • City: Seoul
  • Started in: 2008
  • Founders: Kisik Bae
  • Industries: Apps, Digital Entertainment, Digital Media, E-Commerce, EBooks
  • Number of employees: 251-500
  • Funding: $178.05M
  • Funding rounds: 7
  • Number of investors: 12

You can find their website here.

10) GPclub

GPclub

GP Club, one of the leading cosmetics manufacturing and distribution companies, offers a wide range of products in the health and beauty industry.

Details of the startup:

  • Valuation: $1.32B (October 2018)
  • City: Seoul
  • Started in: 2003
  • Founders: Jung-Woong Kim
  • Industries: Beauty, Cosmetics, Lifestyle, Manufacturing
  • Number of employees: 100-250
  • Funding: $66.16M
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

11) L&P Cosmetic

L&P Cosmetic

L&P Cosmetic is a dedicated team of cosmetic scientists and formulators dedicated to designing and creating the highest quality skin care products.

Details of the startup:

  • Valuation: $1.19B (January 2016)
  • City: Seoul
  • Started in: 2009
  • Founders: Kwon Oh-sub
  • Industries: Beauty, Cosmetics, Pharmaceutical
  • Number of employees: 100-250
  • Funding: $118.64M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

12) Aprogen

Aprogen

Aprogen is a biotechnology company delivering innovative and cost-effective solutions to patients.

Details of the startup:

  • Valuation: $1.04B (May 2019)
  • City: Seongnam-Si
  • Started in: 2000
  • Founders: Jaeseob Kim
  • Industries: Biotechnology
  • Number of employees: 10-50
  • Funding: $62.12M
  • Funding rounds: 1
  • Number of investors: 1

You can find their website here.

13) IGAWorks

IGAWorks

Full-stack ad-tech firm specialising in digital marketing

Details of the startup:

  • Valuation: $1.00B (November 2021)
  • State: Seoul-tukpyolsi
  • City: Seoul
  • Started in: 2006
  • Founders: Kuk-seong \Eric\" Ma"
  • Industries: Advertising, Analytics, Big Data, Marketing, Mobile Apps
  • Number of employees: 51-100
  • Funding: $50.28M
  • Funding rounds: 5
  • Number of investors: 10

You can find their website here.

14) Yanolja

Yanolja

Klook has been acclaimed as the world’s top travel unicorn in the Asia Pacific region, with our user-friendly booking platform and award-winning customer support.

Details of the startup:

  • Valuation: $1.00B (June 2019)
  • City: Seoul
  • Started in: 2005
  • Founders: Lee Sujin
  • Industries: Hotel, Leisure, Travel, Travel Accommodations
  • Number of employees: 1,000-5,000
  • Funding: $2,035.80M
  • Funding rounds: 4
  • Number of investors: 5

You can find their website here.

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