IDG Ventures Korea

Cardoc Inc. is a South Korean company that specializes in providing a mobile application for car body repair services. Founded in 2013 and based in Seoul, the application allows users to upload photographs of their vehicle's exterior damage to receive free repair estimates and text consultations from selected auto body shops in real time. Users can obtain their first estimate within an average of seven minutes and compare multiple offers without needing to register personal information. Over a 15-month service period, Cardoc processed transactions totaling $3.5 million, with registered stores experiencing significant growth rates of 30-100% monthly. The founding team comprises automotive enthusiasts who received support from Daum NIS, a startup incubation organization.

Plugger solves the dead phone problem. Plugger offers battery swapping & portable chargers at local convenience stores. For only $3, costumers can have their dead battery swapped for a newly charged one. For Apple devices (non-removable batteries), we provide a portable-battery sharing membership. Costumers join our service by purchasing our branded portable batteries, which can be swapped out for $3. Plugger currently has over 100 service locations in Seoul, Korea. By the end of 2015, Plugger will be in over 600 locations in Korea. Our partner stores continue to request the expansion of our service to their storefronts. Our goal for 2016 is to expand into new Asian markets, which will help us reach $10M in sales. We will continue to develop and roll-out new services, including Plugger branded smartphone accessories. We will use our established partner-store relationships as our distribution channel for new product launches. We're fundraising! Please contact us to meet.

Cardoc Inc. is a South Korean company that specializes in providing a mobile application for car body repair services. Founded in 2013 and based in Seoul, the application allows users to upload photographs of their vehicle's exterior damage to receive free repair estimates and text consultations from selected auto body shops in real time. Users can obtain their first estimate within an average of seven minutes and compare multiple offers without needing to register personal information. Over a 15-month service period, Cardoc processed transactions totaling $3.5 million, with registered stores experiencing significant growth rates of 30-100% monthly. The founding team comprises automotive enthusiasts who received support from Daum NIS, a startup incubation organization.

Plugger solves the dead phone problem. Plugger offers battery swapping & portable chargers at local convenience stores. For only $3, costumers can have their dead battery swapped for a newly charged one. For Apple devices (non-removable batteries), we provide a portable-battery sharing membership. Costumers join our service by purchasing our branded portable batteries, which can be swapped out for $3. Plugger currently has over 100 service locations in Seoul, Korea. By the end of 2015, Plugger will be in over 600 locations in Korea. Our partner stores continue to request the expansion of our service to their storefronts. Our goal for 2016 is to expand into new Asian markets, which will help us reach $10M in sales. We will continue to develop and roll-out new services, including Plugger branded smartphone accessories. We will use our established partner-store relationships as our distribution channel for new product launches. We're fundraising! Please contact us to meet.

Touchring is a cloud based web telephony platform. Touchring has its own network backend (IP PBX, billing, etc.) and is completely SIP compatible. This allows for an unlimited range and scope of mashups with any device, OS, site, app, service, media, and data to occur on a distributed, inbound, and outbound basis Touchring has utilized this platform to provide multi-device/OS rich media-infused consumer and business oriented services. Touchring is available on any browser with Touchring Web, on any computer OS with Touchring Desktop, and as an app for smartphones with Touchring Mobile. Touchring also uses data like social graphs, social APIs within the Touchring service itself. This is used to allow not only data linking (Facebook Connect, media & feed aggregation)with services like Facebook but allows one's social graph to become one's social phonebook. Touchring itself can be distributed through major social network channels or simply embedded in any website through the sharing of Ring.Me URL's which are Touchring's substitutes for phone numbers or the YouTube-like embedding of the Touchring Webphone. Throughout all devices and features, Touchring is focused on personalization, simplicity of use, and being wherever a user requires phone services online. Touchring has also utilized their technology on behalf of clients like Coca Cola and Korea Telecom and has only recently launched their own service.

XRONet, Inc., a semiconductor company, develops mobile communication system on chips (SOC) for mobile terminals. The company also develops modem algorithms. It provides XRO3000, a radio frequency transceiver; and XRO7000, a modem SOC. The company was founded in 2005 and is based in SeongNam, South Korea.