TBT

TBT is a venture capital firm established in 2018 and based in Seoul, South Korea. It focuses on investing in Korean companies and positions itself as an "Adventure Capital," seeking to engage in meaningful partnerships rather than merely providing financial support. TBT emphasizes a collaborative approach, aiming to explore opportunities that extend beyond traditional investment risks while aligning growth with progress. The firm leverages decades of industry knowledge and experience in internet and mobile services to help develop products and services that contribute positively to society.

Joungho Ahn

Managing Partner

Hannah Kim

Venture Partner

Jungmin Kim

Director

Oksun Lee

Venture Partner

Choongwook Lee

Investment Division Lead and Director

Ram Lee

Founder and Managing Partner

Jungwook Lim

Venture Partner

22 past transactions

Shopl & Company

Series A in 2022
Shopl, stands for “Shop + people”, is SasS-based software trying to resolve problems such as checking field team employees’ attendance and performance, get store data and set sales targets in the retail industry. It is the right technology connecting employees at retail shops and back-office teams at Headquarters. Shopl is in full operation from 2020, and it already secured 10,000 users. Also, it is making revenue from paid customers by providing services to Global manufacturing companies. Shopl helps to manage both employees and store issues in real-time and improves employee engagement in the shop which positively impacts business performance.

Upstage AI

Series A in 2021
Upstage AI is a startup that specializes in providing customized artificial intelligence services to businesses. The company develops tailored AI models designed to address specific challenges faced by its clients, thereby enhancing operational efficiency and fostering innovation. By enabling organizations to focus on their core tasks, Upstage AI helps them leverage AI technology to solve problems and advance their business processes effectively.

LillyCover

Series A in 2021
Lillycover makes personlaized beauty solution for smart skin care by oneself. Founded in 2016, the company is headquartered in Daegu, Taegu-jikhalsi, South Korea.

Colavo

Series A in 2021
Developer of customer management software designed to help salon owners run their businesses efficiently. The company's software provides various features such as online reservation information, schedule management, systematic sales management, report generation, and online information management, enabling beauty professionals and owners to manage their entire business processes from a single platform.

Soomgo

Series C in 2021
Soomgo is service marketplace where customers and local professionals for over 950+ services come together. Their services range from private music lessons and home cleaning to wedding planning and web development among many more. Their team consists of seasoned serial entrepreneurs, and the company is backed by leading institutions in both South Korea and the United States including Primer, Bon Angels, and Y Combinator (W17).

Cher Ground

Series A in 2021
Operator of the fashion platform intended to provide digital fashion market. The company provides services for those who trade based on the fashion wholesale market and also provides various functions tailored to each user's characteristics to increase work efficiency and convenience of wholesale, and retail, providing retailers and wholesalers with order management, store and retailer information management functions, and product upload functions requested by retailers and buyers.

FREECO

Seed Round in 2021
FREECO is a content provider for businesses. Consultation, sales, and software development and supply Cosmetics wholesale and retail business Marketing consulting and advertising business.

Lawfully

Seed Round in 2021
Operator of an immigration legal-tech platform intended to provide information related to immigration and community activities by utilizing status data analytics. The company's platform serves as a marketplace connecting various immigration service providers with individual immigrants and provides case tracking, case analysis, mock interviews, legal consultation, and artificial intelligence analytics, thereby providing individual immigrants with personalized immigration guidance.

XYZ

Seed Round in 2020
LoungeLAB is a Retail-tech startup that augments space with technology, using the state-of-the-art technologies such as AI and Robotics technology. LoungeLAB focuses on enhancing the product value and services, and we develop in the field rather than on the desk. We Invent Everyday Technology for All.

Motov

Series A in 2020
Motov is a digital, taxi-op billboard provider that enables advertisers to connect with audiences through geofenced ad campaigns. It is a real-time location-based taxi tower system. Motov is a media platform that not only informs advertising but also informs various information.

Grip

Series B in 2020
Developer of a live-streaming e-commerce platform designed to match products with influencers. The company's application matches influencers to products and has in-house influencers as well for firms to sell their products on the platform as well as provides viewers with an option to chat with the influencers, enabling clothing brands to boost online sales and gain customers' trust.

SuperBin

Series B in 2020
SuperBin Co., founded in 2015 and based in Seongnam-si, South Korea, specializes in waste recycling technology through its innovative circular resources collection robot, Nephron. This robot employs artificial intelligence to autonomously identify, sort, collect, and process recyclable materials. SuperBin aims to promote recycling and sustainable practices by providing financial incentives for users who recycle plastics and aluminum cans, thus encouraging responsible waste management and contributing to a more sustainable way of living.

Shopl & Company

Seed Round in 2020
Shopl, stands for “Shop + people”, is SasS-based software trying to resolve problems such as checking field team employees’ attendance and performance, get store data and set sales targets in the retail industry. It is the right technology connecting employees at retail shops and back-office teams at Headquarters. Shopl is in full operation from 2020, and it already secured 10,000 users. Also, it is making revenue from paid customers by providing services to Global manufacturing companies. Shopl helps to manage both employees and store issues in real-time and improves employee engagement in the shop which positively impacts business performance.

Roovook

Seed Round in 2019
Room + Venue + Booking = Roovook! Provide simple venue finder for customers. Roovook's special features, Instant booking and Simple RFP request solution help customers to proceed their events without hassle to call around hotels. Even though hotel banquet/event segment is big part of MICE industry, still customers are having hard time finding right venue to hold their events. So Roovook provide simple venue finder for customers. Roovook's special features, Instant booking and Simple RFP request solution help customers to proceed their events without hassle to call around hotels. As a fast growing start-up, we are acknowledged by one of the best accelerator in Korea, called Primer and VC TBT(Naver). Thanks to our trustworthy partner hotels like IHG, Marriott, and Accor, we are no.1 hotel venue reservation platform in Korea and keep expanding our service to global market. We are making Roovook as "Expedia for event spaces" We are looking for our future teammates to make our vision and dream together!

Shopl & Company

Seed Round in 2019
Shopl, stands for “Shop + people”, is SasS-based software trying to resolve problems such as checking field team employees’ attendance and performance, get store data and set sales targets in the retail industry. It is the right technology connecting employees at retail shops and back-office teams at Headquarters. Shopl is in full operation from 2020, and it already secured 10,000 users. Also, it is making revenue from paid customers by providing services to Global manufacturing companies. Shopl helps to manage both employees and store issues in real-time and improves employee engagement in the shop which positively impacts business performance.

Sky Labs

Series A in 2019
Sky Labs is focused on developing a ring-type Cardio Tracker, known as CART, designed for continuous monitoring of atrial fibrillation, a prevalent condition affecting many individuals over 40. Atrial fibrillation often goes undiagnosed due to its intermittent nature and lack of severe symptoms. CART addresses this challenge by offering three key features: comfort as a wearable device, automatic operation without user intervention, and medical-grade accuracy based on established diagnostic methods. Users can wear CART daily, even while showering, and it continuously detects and records atrial fibrillation, allowing for real-time tracking and management of heart health through a smartphone app. The initial target market includes 200,000 atrial fibrillation patients in Finland, with a broader global market of around 300 million potential users. Sky Labs is conducting clinical trials in collaboration with Seoul National University Hospital and is partnering with Bayer to innovate in the healthcare sector.

Soomgo

Series B in 2019
Soomgo is service marketplace where customers and local professionals for over 950+ services come together. Their services range from private music lessons and home cleaning to wedding planning and web development among many more. Their team consists of seasoned serial entrepreneurs, and the company is backed by leading institutions in both South Korea and the United States including Primer, Bon Angels, and Y Combinator (W17).
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