D3 Jubilee Partners

D3 is headquartered in Seoul and San Francisco, pioneering the domestic and global impact investment areas. D3 redefines the role of capital by investing in entrepreneurial innovation that improves the lives of low-income families, women, and immigrants, and creates an environmentally sustainable world. Invest in ICT start-ups with high socio-environmental value in low-income countries such as Korea, USA and South America, Africa and India.

Dukjun Lee

General Partner

Doug Lee

Founder and CEO

Past deals in South Korea

RTBP ALLIANCE

Series A in 2023
RTBP ALLIANCE focuses on creating co-working spaces and modernize old places for local communities.

SSEM

Series A in 2022
SSEM is a tax management app.

RECO

Series B in 2021
RECO is a waste management platform that combines digital solutions and customized waste hauling services. They provide optimal waste management solutions for each business site. Their services include improving the emission environment, waste collection and transport, management automation, and resource circulation. They manage the entire process, from waste disposal to final treatment. It offers dedicated software (web/app) to assist with waste management automation. The software can easily manage all tasks, from monitoring emissions data to checking real-time rates and waste reporting documents, reducing work hours.

Comento

Venture Round in 2021
Commento is creating an online education community centred on interaction and experience to solve learning needs. They provide more diverse opportunities and possibilities for many different people.

MEDICAL IP

Series C in 2021
Medical IP provides medical institution services for imaging analysis and 3D medical printing.

Databank

Series A in 2021
Databank solves the knowledge gap and has a social impact on the world of education. Their AI-powered solution evaluates open-ended responses and provides tailored instruction using machine learning and deep learning. They had strategies, tools for execution, and technology.

RECO

Series A in 2021
RECO is a waste management platform that combines digital solutions and customized waste hauling services. They provide optimal waste management solutions for each business site. Their services include improving the emission environment, waste collection and transport, management automation, and resource circulation. They manage the entire process, from waste disposal to final treatment. It offers dedicated software (web/app) to assist with waste management automation. The software can easily manage all tasks, from monitoring emissions data to checking real-time rates and waste reporting documents, reducing work hours.

Localstitch

Series A in 2021
Localstitch is a co-working and co-living space for digital nomads, startups, and single-family homes.

Testworks

Series B in 2020
Testworks is a social enterprise company in Seoul, Korea. We create innovative solutions in AI data and software testing fields while providing an inclusive employment model for socially disadvantaged people. Our technical excellence ranges from AI data processing automation to manual software testing and review. We are recognized as the best-in-class data processing company for building high quality datasets used for AI training and verification.

PerMeal

Series B in 2020
PerMeal is an online store that sells rice, grain, nut, fruit, vegetable, convenience food, meal kit, side dish, salted fish, meat, egg, Susan, dried fish, condiment, snack, and beverage tea products.

ReCarbon

Series B in 2019
ReCarbon(TM), an innovative technology platform that recycles carbon emissions into revenue generating products. The Company specializes in building proprietary plasma generation systems that convert industrial carbon emissions into industrial gases.

Caredoc

Seed Round in 2019
Caredoc is an elderly care professional platform that provides information on proven elderly care facilities. Consumers looking for elderly care services could not find the information they wanted online or get inaccurate information through word of mouth. On the other hand, care service providers were having difficulty collecting elderly customers. Caredoc solves these problems by providing verified care service provider information on the mobile.

Localstitch

Seed Round in 2019
Localstitch is a co-working and co-living space for digital nomads, startups, and single-family homes.

ClosetShare

Series A in 2019
ClosetShare is an online platform where women can rent, share, and resell fashion and accessories.

The Clozet

Series A in 2019
THE CLOZET is a fashion sharing service aiming to be Airbnb for fashion. THE CLOZET makes profit by connecting its individual customers with fashion items which are not used often and allows them to borrow the items from other users at reasonable prices. THE CLOZET also gives the concierge service such as delivery, cleaning, maintenance which can make it the most seamless fashion sharing service.

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.

PeopleFund

Series B in 2019
Founded in 2015, PeopleFund is Korea's leading data-driven digital lender focused on consumer finance. Our mission is to give financial freedom to all consumers through more affordable loans and better investment opportunities. Leveraging its proprietary, data-driven credit model and eliminating inefficiencies with technology, PeopleFund delivers better loan rates for borrowers while maintaining an industry low loss rate to benefit retail and institutional investors. PeopleFund is the first digital lender in Korea to surpass $1B in loan originations and has provided an innovative way to invest to nearly 400,000 retail investors. It is notably the first fintech platform to offer loan and investment products directly on KakaoTalk, Korea's equivalent of WhatsApp. To date, PeopleFund has completed its Series C round of funding with a total of $63.4M of equity capital raised. For more information, visit www.peoplefund.co.kr.

Cleaning Lab

Series B in 2019
Cleaning Lab is a housekeeping service provider. They offer systematic cleaning services. Its costs are measured on a fixed and hourly basis. Their services include office floor cleaning and dust removal, common tables, furnishing room dust removal, inside toilet cleaning, and office move-in cleaning.

Testworks

Series A in 2019
Testworks is a social enterprise company in Seoul, Korea. We create innovative solutions in AI data and software testing fields while providing an inclusive employment model for socially disadvantaged people. Our technical excellence ranges from AI data processing automation to manual software testing and review. We are recognized as the best-in-class data processing company for building high quality datasets used for AI training and verification.

Sentbe

Series B in 2019
Founded in 2015, SentBe is a Global FX Total Solutions Provider, offering innovative remittance and payment services for individuals and businesses, with a mission to create "A World Without Financial Borders." SentBe is leading the global market with its extensive global partnerships and foreign exchange management capabilities, providing an unparalleled business infrastructure that aligns with global standards. By offering optimized cross-border payment solutions that enhance the competitiveness of SentBe’s clients both domestically and internationally, SentBe leads the way in delivering borderless financial services.

Noldam

Seed Round in 2019
Noldam offers play sitter for children.

PeopleFund

Series B in 2018
Founded in 2015, PeopleFund is Korea's leading data-driven digital lender focused on consumer finance. Our mission is to give financial freedom to all consumers through more affordable loans and better investment opportunities. Leveraging its proprietary, data-driven credit model and eliminating inefficiencies with technology, PeopleFund delivers better loan rates for borrowers while maintaining an industry low loss rate to benefit retail and institutional investors. PeopleFund is the first digital lender in Korea to surpass $1B in loan originations and has provided an innovative way to invest to nearly 400,000 retail investors. It is notably the first fintech platform to offer loan and investment products directly on KakaoTalk, Korea's equivalent of WhatsApp. To date, PeopleFund has completed its Series C round of funding with a total of $63.4M of equity capital raised. For more information, visit www.peoplefund.co.kr.

3billion

Series A in 2018
3billion was founded with the goal of ending the diagnostic odyssey of rare disease patients through comprehensive genetic testing. It has reduced the amount of time and cost that was previously required for genome interpretation by using bioinformatics and machine learning technology, making genome-scale rare disease genetic testing affordable for patients in need. The company was established in 2016 and is headquartered in Seoul, South Korea.

PeopleFund

Series A in 2017
Founded in 2015, PeopleFund is Korea's leading data-driven digital lender focused on consumer finance. Our mission is to give financial freedom to all consumers through more affordable loans and better investment opportunities. Leveraging its proprietary, data-driven credit model and eliminating inefficiencies with technology, PeopleFund delivers better loan rates for borrowers while maintaining an industry low loss rate to benefit retail and institutional investors. PeopleFund is the first digital lender in Korea to surpass $1B in loan originations and has provided an innovative way to invest to nearly 400,000 retail investors. It is notably the first fintech platform to offer loan and investment products directly on KakaoTalk, Korea's equivalent of WhatsApp. To date, PeopleFund has completed its Series C round of funding with a total of $63.4M of equity capital raised. For more information, visit www.peoplefund.co.kr.

ENOMAD

Venture Round in 2016
Enomad provides reliable, reasonable and sustainable energy solutions in areas where power infrastructure use for energy from flowing water.

Deoham

Venture Round in 2016
Deoham is a community platform company that connects space and people.

SSEM

Venture Round in 2016
SSEM is a tax management app.

PeopleFund

Seed Round in 2015
Founded in 2015, PeopleFund is Korea's leading data-driven digital lender focused on consumer finance. Our mission is to give financial freedom to all consumers through more affordable loans and better investment opportunities. Leveraging its proprietary, data-driven credit model and eliminating inefficiencies with technology, PeopleFund delivers better loan rates for borrowers while maintaining an industry low loss rate to benefit retail and institutional investors. PeopleFund is the first digital lender in Korea to surpass $1B in loan originations and has provided an innovative way to invest to nearly 400,000 retail investors. It is notably the first fintech platform to offer loan and investment products directly on KakaoTalk, Korea's equivalent of WhatsApp. To date, PeopleFund has completed its Series C round of funding with a total of $63.4M of equity capital raised. For more information, visit www.peoplefund.co.kr.

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.

THECHEAT

Seed Round in 2014
THECHEAT provides financial fraud prevention services.

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.

Neofect

Venture Round in 2012
Neofect is a South Korea-based company founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, specializing in the development of rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, launched in 2014, received FDA clearance and has been adopted by various hospitals and rehabilitation centers, including NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers several other innovative devices, such as the RAPAEL Smart Board, RAPAEL Smart Pegboard, RAPAEL Smart Kids, and RAPAEL Cognition, which utilize virtual reality and smart technology to enhance rehabilitation outcomes. Neofect has also participated in research studies demonstrating the effectiveness of its VR-based rehabilitation solutions compared to traditional therapy. The company operates in South Korea, the U.S., and Germany, distributing its products across these regions and throughout Europe.

TripGuideYou

Venture Round in 2011
TripGuideYou is a tour and travel agency.

Changseol Build

Seed Round in 1928
Changseol Build System offers consulting services in construction to increase efficiency of construction.
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