D3 Jubilee Partners

D3 Jubilee, with headquarters in Seoul and San Francisco, focuses on impact investment aimed at fostering entrepreneurial innovation that enhances the lives of low-income families, women, and immigrants while promoting environmental sustainability. The firm specializes in investing in information and communication technology (ICT) start-ups that demonstrate significant socio-environmental value, particularly in low-income regions including Korea, the United States, South America, Africa, and India. By redefining the role of capital, D3 Jubilee seeks to create positive social change and improve living conditions for underserved communities across the globe.

Doug Lee

Founder and CEO

Dukjun Lee

General Partner

Past deals in South Korea

Sovoro

Series A in 2022
Sovoro develops AI-based PC software solutions, specializing in speech recognition. Its flagship product, Soboro PC, offers real-time subtitle display for enhanced accessibility. Additionally, Sovoro produces assistive devices like Soboro tablets to aid individuals with hearing disabilities in public settings.

Comento

Venture Round in 2021
Comento is a South Korean company established in 2015 that operates an internet-based networking platform designed to connect job seekers with employment opportunities. The platform facilitates interaction between job seekers and industry consultants, allowing users to ask questions and receive guidance. Additionally, Comento aids job seekers in crafting resumes and cover letters. Utilizing artificial intelligence algorithms, the platform offers training boot camp programs, talent referral matching services, and peer-to-peer counseling, thereby enhancing the job search process and addressing various learning needs within the employment sector.

Medical IP

Series C in 2021
Founded in Seoul, South Korea in 2015, Medical IP specializes in developing artificial intelligence-driven platforms for analyzing and utilizing medical image data. Its primary products are MEDIP, an AI-powered 3D modeling platform, and ANATDEL, a solution used for simulated surgical simulation and patient-oriented 3D printing.

Localstitch

Series A in 2021
Localstitch, founded in 2013 and based in South Korea, operates as a provider of shared office and residential spaces. The company aims to create environments where individuals can live, work, and launch businesses. By designing and managing flexible spaces, Localstitch facilitates collaboration among professionals while offering affordable rates that alleviate the financial burdens often associated with urban living. This approach allows clients to concentrate on their creative endeavors in a supportive community setting.

Testworks

Series B in 2020
Testworks is a social enterprise based in Seoul, Korea. It specializes in innovative solutions for AI data processing automation and software testing, while also promoting inclusivity by providing employment opportunities to socially disadvantaged individuals.

Frientrip

Series B in 2020
Bored of the same old daily life, but not sure where to begin? Or you know what you want to do, but your friends don't share that same interest? Frientrip was born to satisfy these needs. Frientrip is a social activity platform which allows people to gather and enjoy various outdoor/indoor activities together. As the biggest platform of its kind in Korea, Frientrip believes that everyone can lead a more energetic life by trying out new things and meeting new people. Therefore, we aim to create a community where people enhance their experience and share it with one another, as our slogan goes -- WE INSPIRE PEOPLE TO EXPERIENCE THE WORLD.

Localstitch

Seed Round in 2019
Localstitch, founded in 2013 and based in South Korea, operates as a provider of shared office and residential spaces. The company aims to create environments where individuals can live, work, and launch businesses. By designing and managing flexible spaces, Localstitch facilitates collaboration among professionals while offering affordable rates that alleviate the financial burdens often associated with urban living. This approach allows clients to concentrate on their creative endeavors in a supportive community setting.

Law&Company

Series B in 2019
Law&Company is representative legal tech company in Republic of Korea. The company provides a service called 'LawTalk(www.lawtalk.co.kr)', which is the largest online legal market place in Korea(5 times bigger then the 2nd player). Since 2016, the company invested on research about Artificial Intelligence especially on Text Mining and Machine Learning technology to analyze lawyers and client's activities in the service which helps to lawyers and clients find the right person based on their experience. Also, the company will launch document automation based service to generate legal documents starting from complaint and contract soon. The company has received more than 3 million dollars from 5 venture capital companies and many angel investors due to previous performance and upside potential in the Korean legal market.

Testworks

Series A in 2019
Testworks is a social enterprise based in Seoul, Korea. It specializes in innovative solutions for AI data processing automation and software testing, while also promoting inclusivity by providing employment opportunities to socially disadvantaged individuals.

Frientrip

Seed Round in 2019
Bored of the same old daily life, but not sure where to begin? Or you know what you want to do, but your friends don't share that same interest? Frientrip was born to satisfy these needs. Frientrip is a social activity platform which allows people to gather and enjoy various outdoor/indoor activities together. As the biggest platform of its kind in Korea, Frientrip believes that everyone can lead a more energetic life by trying out new things and meeting new people. Therefore, we aim to create a community where people enhance their experience and share it with one another, as our slogan goes -- WE INSPIRE PEOPLE TO EXPERIENCE THE WORLD.

Sovoro

Seed Round in 2019
Sovoro develops AI-based PC software solutions, specializing in speech recognition. Its flagship product, Soboro PC, offers real-time subtitle display for enhanced accessibility. Additionally, Sovoro produces assistive devices like Soboro tablets to aid individuals with hearing disabilities in public settings.

3billion

Series A in 2018
3billion is a Seoul-based company that provides genetic testing and analysis services for rare disease patients. Founded in 2016, it uses bioinformatics and machine learning to shorten and reduce the cost of genome interpretation, aiming to make genome-scale testing accessible for patients in need. The company develops AI-driven diagnostic tools and offers products such as 3B-GENOME, 3B-EXOME, 3B-VARIANT, and 3B-INTERPRETER to support comprehensive genetic analysis and faster diagnosis.

Keil

Venture Round in 2018
Keil is a green biomaterials company focused on developing sustainable and environmentally friendly food and feed materials. It has established Asia's first automated smart farm for the mass production of edible insects, positioning itself as a leader in Korea's green bio-material sector. The company aims to connect various nutritional ingredients derived from edible insects with diverse industries, including cosmetics, food, functional materials, fertilizer, and animal feed. By prioritizing eco-friendly practices, Keil addresses the growing domestic and global demand for sustainable products, ensuring that its offerings do not contribute to environmental pollution or health issues related to livestock and plants. Through its innovative approaches, Keil is committed to providing access to nutritious food products while advancing the future of sustainable agriculture.

Todo Works

Venture Round in 2018
Todo Works is a South Korean company founded in 2016 and based in Siheung-si. It develops portable electric wheelchairs designed to improve mobility for people with disabilities. The wheelchair is lightweight and foldable, and can be controlled with a joystick and a smartphone app, enabling users to move freely and independently.

Medical IP

Venture Round in 2017
Founded in Seoul, South Korea in 2015, Medical IP specializes in developing artificial intelligence-driven platforms for analyzing and utilizing medical image data. Its primary products are MEDIP, an AI-powered 3D modeling platform, and ANATDEL, a solution used for simulated surgical simulation and patient-oriented 3D printing.

Deoham

Venture Round in 2016
Deoham is a real estate company founded in 2014 and based in Seoul, South Korea. The company operates as a social enterprise that connects spaces with people, focusing on residential living environments and various real estate assets, including office workplaces and retail areas. By facilitating connections between different demand-based businesses and the community, Deoham aims to enhance the quality of life for users of its spaces and promote a sense of community engagement.

Parking Cloud

Series A in 2015
Parking Cloud Co., Ltd. is an online platform based in Seoul, South Korea, that provides a comprehensive solution for parking management. Founded in 2009, the company allows customers to check real-time parking availability, compare prices, and make payments through a mobile wallet. Its services extend beyond standard parking, incorporating features such as car sharing, car rental, maintenance, car washing, and electric vehicle charging stations. Parking Cloud also engages in the development, leasing, and operation of parking facilities, including rentals for buses and freight vehicles. The company manufactures parking system devices that facilitate unmanned settlement processes in parking lots. By integrating these services, Parking Cloud aims to streamline the parking experience for users and enhance the management of parking spaces in urban areas.

Law&Company

Seed Round in 2015
Law&Company is representative legal tech company in Republic of Korea. The company provides a service called 'LawTalk(www.lawtalk.co.kr)', which is the largest online legal market place in Korea(5 times bigger then the 2nd player). Since 2016, the company invested on research about Artificial Intelligence especially on Text Mining and Machine Learning technology to analyze lawyers and client's activities in the service which helps to lawyers and clients find the right person based on their experience. Also, the company will launch document automation based service to generate legal documents starting from complaint and contract soon. The company has received more than 3 million dollars from 5 venture capital companies and many angel investors due to previous performance and upside potential in the Korean legal market.

Root Energy

Venture Round in 2015
Root Energy Inc. is a renewable energy investment platform based in Seoul, South Korea, incorporated in 2014. The company operates a crowdfunding platform that connects individuals and investors with opportunities to fund the construction and operation of renewable energy power plants. Root Energy facilitates the development of various energy generation systems, including solar, wind, and energy storage, by linking generators with suitable hosts for installation. In addition to its crowdfunding services, the company also offers construction management and power brokerage services, enabling residents and investors to participate in the renewable energy sector and benefit from sustainable energy solutions.

Localstitch

Venture Round in 2015
Localstitch, founded in 2013 and based in South Korea, operates as a provider of shared office and residential spaces. The company aims to create environments where individuals can live, work, and launch businesses. By designing and managing flexible spaces, Localstitch facilitates collaboration among professionals while offering affordable rates that alleviate the financial burdens often associated with urban living. This approach allows clients to concentrate on their creative endeavors in a supportive community setting.

Frientrip

Angel Round in 2014
Bored of the same old daily life, but not sure where to begin? Or you know what you want to do, but your friends don't share that same interest? Frientrip was born to satisfy these needs. Frientrip is a social activity platform which allows people to gather and enjoy various outdoor/indoor activities together. As the biggest platform of its kind in Korea, Frientrip believes that everyone can lead a more energetic life by trying out new things and meeting new people. Therefore, we aim to create a community where people enhance their experience and share it with one another, as our slogan goes -- WE INSPIRE PEOPLE TO EXPERIENCE THE WORLD.

Woozoo

Venture Round in 2014
WOOZOO is a shared-housing company based in Seoul, South Korea, established in 2013. It specializes in providing affordable housing solutions for young people, including students and working professionals. The company has developed a platform that facilitates the renting and leasing of various properties, allowing users to easily find and secure accommodation. As of January 2017, WOOZOO has expanded rapidly, serving over 750 residents and operating around 50 branches, making it the largest and fastest-growing social-housing company in the country. WOOZOO aims to enhance the residential experience by fostering community living among its tenants.

Noom

Seed Round in 2012
Noom, Inc. is a New York-based company that specializes in mobile health coaching through a psychology-based digital health platform. Founded in 2008, Noom develops a mobile application that combines evidence-based curricula, personalized coaching, and data-driven insights to help users achieve their health and wellness goals, including weight management and chronic disease prevention. The platform offers scalable tools for exercise and nutrition coaching, utilizing artificial intelligence to facilitate behavioral change. Recognized for its innovative approach, Noom has received multiple grants from the National Institutes of Health and was the first mobile application certified by the Centers for Disease Control as a diabetes prevention program. The company also caters to business enterprises, supporting organizations in promoting employee health. With additional offices in Seoul and Tokyo, Noom continues to expand its global reach and impact on personal health management.

Neofect

Venture Round in 2012
Neofect Co. Ltd, founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, is a South Korean company focused on developing innovative rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, was introduced in 2014 and has received FDA clearance, gaining traction among home patients and hospitals worldwide, including prominent institutions like NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers a range of products such as the RAPAEL Smart Pegboard, RAPAEL Smart Board, and RAPAEL Smart Kids. The company has also engaged in research, including a study with the National Rehabilitation Center in Korea that demonstrated the effectiveness of virtual reality-based rehabilitation combined with traditional therapy for stroke patients. Neofect operates offices in South Korea, the U.S., and Germany, with its products available in those regions and across Europe.
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