Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Accelerators & Incubators
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.

The Founder's Handbook
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The 11 Best Unicorn Startups in South Korea

Ad

Around Logo

Video calls radically reimagined for the new way startup teams REALLY work today. Try Around for free →

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 11 South Korea unicorn startups, from highest to lowest valuation.

The 11 Unicorns in South Korea

Ad

Around Logo

Video calls radically reimagined for the new way startup teams REALLY work today. Try Around for free →

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:

    $7.40

    B (

    December 2018

    )

  • Country:

    South Korea

  • 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 Amount:

    $844.20M

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Yello Mobile

Yello Mobile

Yello Mobile aims to build a world-class, horizontally integrated business platform under its flagship Yello Digital Marketing.

Details of the startup:

  • Valuation:

    $4.00

    B (

    November 2014

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2012

  • Founders:

    Sanghyuk Lee

  • Industries:

    Internet, Marketing, Mobile, Shopping, Travel

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $216.07M

  • Number of funding rounds:

    4

  • Number of investors:

    3

here

Kurly

Kurly

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

Details of the startup:

  • Valuation:

    $3.30

    B (

    July 2021

    )

  • Country:

    South Korea

  • 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 Amount:

    $769.86M

  • Number of funding rounds:

    8

  • Number of investors:

    14

here

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:

    $2.34

    B (

    September 2015

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2009

  • Founders:

    Huh Min

  • Industries:

    Advertising, Advertising Platforms, E-Commerce

  • Number of employees:

    250-500

  • Funding Amount:

    $486.65M

  • Number of funding rounds:

    3

  • Number of investors:

    2

here

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:

    $2.20

    B (

    November 2019

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2001

  • Founders:

    Cho Man Ho

  • Industries:

    E-Commerce, Fashion, Retail

  • Number of employees:

    500-1,000

  • Funding Amount:

    $286.36M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

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:

    $1.32

    B (

    October 2018

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2003

  • Founders:

    Jung-Woong Kim

  • Industries:

    Beauty, Cosmetics, Lifestyle, Manufacturing

  • Number of employees:

    100-250

  • Funding Amount:

    $66.16M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

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:

    $1.19

    B (

    January 2016

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2009

  • Founders:

    Kwon Oh-sub

  • Industries:

    Beauty, Cosmetics, Pharmaceutical

  • Number of employees:

    100-250

  • Funding Amount:

    $118.64M

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Aprogen

Aprogen

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

Details of the startup:

  • Valuation:

    $1.04

    B (

    May 2019

    )

  • Country:

    South Korea

  • City:

    Seongnam-Si

  • Started in:

    2000

  • Founders:

    Jaeseob Kim

  • Industries:

    Biotechnology

  • Number of employees:

    10-50

  • Funding Amount:

    $62.12M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Dunamu

Dunamu

Dunamu provides a wide range of innovative services with a focus on fintech and blockchain.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2021

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2012

  • Founders:

    Chi-Hyung Song, Hyoung-nyon Kim, Hyung-nyon Kim

  • Industries:

    Blockchain, Cryptocurrency, Finance, Financial Services, FinTech, Stock Exchanges

  • Number of employees:

    250-500

  • Funding Amount:

    $72.44M

  • Number of funding rounds:

    7

  • Number of investors:

    13

here

Socar

Socar

Socar is the Kora Eco-friendly car sharing community. It allows travelers to share ecologically friendly vehicles with others who are going on the same trip as them.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2020

    )

  • Country:

    South Korea

  • City:

    Jeju-do

  • Started in:

    2011

  • Founders:

    Jimahn Kim

  • Industries:

    Car Sharing, Communities, Transportation

  • Number of employees:

    100-250

  • Funding Amount:

    $270.19M

  • Number of funding rounds:

    7

  • Number of investors:

    13

here

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:

    $1.00

    B (

    June 2019

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2005

  • Founders:

    Lee Sujin

  • Industries:

    Hotel, Leisure, Travel, Travel Accommodations

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $2,035.80M

  • Number of funding rounds:

    4

  • Number of investors:

    5

here
The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +16,000 other startup founders!