Capstone Partners LLC

Capstone Partners is a venture capital firm specializing in early-stage companies operating in the Information technology, wireless technology, architecture, pharmaceutical, internet, online game, software, solid state disk, and IP television sectors. It primarily invests in China and South Korea, with a focus in Seoul and Gyeonggi province. The firm prefers to exit its investments through a trade sale. Capstone Partners was founded in 2008 and is based in Seoul, South Korea. Capstone Partners is a venture capital firm that invests in entrepreneurs seeking success with fresh ideas. Capstone Partners values the funds of union investors better than our own, working for the interests of investors and following the objective of the investments.

Peter G. Asiaf

MD

Hwajin Choi

Co-Founder and Director

Taecheol Hwang

Partner

Junghoon Jang

Director

Eunkang Song

CEO

186 past transactions

Carboneyed

Series A in 2014
Carbon is the second most important element in the human body. The first element of life for each of us may vary but they believe that the second element of life for all of us is the “game”, the common joy of life for all mankind. As a development studio in the era of smart devices, they aspire to become a carbon eyed race that discovers and creates the second element of life.

Brave Company

Series B in 2021
Brave Company is an internet publishing company. Well, the lusts, but not the burdens of the ZZP existence. BraveCompany is for self-employed people who want to do more and manage less. Are you in paid employment and do you doubt whether you dare to make the leap? Even then, BraveCompany offers a warm bath with 'colleagues' that you have gone for, a network with potential assignments and invoicing services. BraveCompany is for successful professionals who are or want to become independent. What can we mean for each other? We share knowledge, trends and help with professional issues. And all that in the atmosphere of a home port. So you benefit from the benefits of experienced colleagues. Do you see any more possibilities with your current client to do work, or do you regularly refer projects to colleagues? We offer the framework to seize these opportunities and also be rewarded for your talent as a matchmaker.

Iamcompany

Acquisition in 2014
‘iamcompany’ is a student startup based on KAIST Midam committee and other educational charity services within KAIST. The company’s vision is to find students’potential through internet based technologies. To fulfill this vision, the company received 2 billion won investment from various investors. Service ‘iamschool’ is a mobile app that sends various educational institutions’ news and other contents to students’ caregivers. Just like ‘Twitter’, educational institutions send contents and news publicly. Caregivers search and follow institutions. (Download: play.google.com/store/apps/details?id=com.imcompany.school2) ‘iamclass’ is a web service that sends institutions’ information about students or institution itself directly to students’ caregivers. This app also advertises educational institutions to their target market. (Download: play.google.com/store/apps/details?id=com.imcompany.school2)

Urbanbase

Seed Round in 2015
We provide a platform of VR and AR tools for architecture and interior design. Urbanbase has patented technology of creating 2D floorplans in 3D, AR and VR, in just a few seconds. Urbanbase offers B2C VR home furnishing platform and AR mobile application for revolutionary interior design experience, as well as B2B sales tool based on internally developed 3D, AR, VR APIs for various types of businesses such as real estate, home designing, retail and many more. Current clients include LG, iLoom, Daelim and over 40 interior / furniture companies.

Drama & Company

Acquisition in 2014
Drama & Company offers applications for developing mobile business cards. The company provides an application and web service Profeel.me, a mobile business card service which lets users to make and share their own cards via smartphone while storing cards from others. Cards made via the application include images, a profile and social media links, and they can be shared via text or other platforms such as Kakao Talk. It also provides a mobile application such as Remember app that helps users to scan, sort, and store all of your business cards in one place. The company is based in Seoul, South Korea.

Justnine

Series B in 2013
Justnine Co. Ltd. engages in the development of online and new platform games. Justnine Co. Ltd. was founded in 2005 and is based in Seoul, South Korea.

iFunFactory

Acquisition in 2014
iFunFactory offers a backend platform for mobile game services and solutions. Its products include iFunEngine: a mobile game server framework; iFun Cloud: game-specific PaaS cloud; and iFun Map Editor: a map editor for mobile games. iFunFactory was founded in May 2013 and is based in Seongnam, South Korea.

Localstitch

Series A in 2021
Local Stitch operates as a hotel. The company was founded in 2013 and is based in South Korea. It has branch locations in South Korea.

WizSchool

Seed Round in 2019
We employ real-time user code analysis algorithm based on compiler technology to diagnose learners’ levels and status of the software education. And our AI tutor for coding education using deep learning technology offers learner-centered customized learning contents to the users. Aiming for the global market, we are developing and growing our business to solve the shortage problem of software education instructors and also provide the market with the best quality software education service.

INNOCEED

Series A in 2013
INNOCEED is a game development company based in Seoul, Korea.

jeongyookgak

Series B in 2020
JEONGYOOKGAK CO.,LTD. retails meat and dairy products online. The company offers pork, beef, chicken, egg, milk, and rice. The company was founded in 2016 and is based in Seongnam-si, South Korea.

Jienem

Venture Round in 2022
Jienem launched their service in December and has a network of over 300 guest house locations. In 2016 the company is expected to launch their Android application to increase the convenience for in-bound tourists.

Press.A

Series A in 2021
Press.A is a game and software development company.

Albam

Series A in 2018
Albam : A mobile based HR Solution that is available for both Managers(Admins) and Staffs in App both IOS & Android. The average HR manager spends 45 minutes a day to calculate time attendance & payroll. With Albam, time is reduced by 70% to only 15 minutes. Albam help enterprises in simplifying and automating their time attendance system to payroll solution. Our easy to use and simple Cloud based Human Resource solution helps companies in reducing the high costs that are often associated in the investment of Time Attendance system which includes the purchase of expensive fingerprint machines and training of IT Personnels. With Albam, employees can clock in and clock out directly right away from their smartphone, clock in and clock out has never been this easier with Albam.

Bapul

Acquisition in 2013
Immediately Solve [Bapul] (바로풀기 [Bapul]) is a question-and-answer (Q&A) platform that enables users to ask and answer study-related questions. Immediately Solve has won many awards including Women's Entrepreneurship Competition Prize in 2011, Chung Founded Contest Prize in 2012, and Republic of Korea Mobile App Award in 2013. Immediately Solve was founded on June 13, 2011, by Bapul, a Korean web development company.

Polygon Games

Series A in 2014
Polygon Games is a Korean game developer that serves the needs of the global markets. The company has developed ASTA: The War of Tears and Winds, an upcoming massively multiplayer online role-playing game. It was launched in 2008 and is based in Seoul, Seoul-t’ukpyolsi.

Newploy

Series B in 2019
Newploy develops a platform for salary calculation, transfer, report, and payment. The company was founded in 2014 and is based in Seoul, South Korea.

jeongyookgak

Seed Round in 2016
JEONGYOOKGAK CO.,LTD. retails meat and dairy products online. The company offers pork, beef, chicken, egg, milk, and rice. The company was founded in 2016 and is based in Seongnam-si, South Korea.

Lion Games

Series B in 2014
Lion Games is a Korean online game development company that serves the global content market. It was founded in 2011 and is based in Seoul, Seoul-t’ukpyols.

Peoplug

Seed Round in 2013
Peoplug designs and develops mobile applications. It is based in Idaho, United States.

Brich

Series A in 2017
An O2O service delivering the latest Korean fashion trends online, has secured an investment from Hana Financial Investment. The company was launched a year ago.

SN Mobile Technology

Series A in 2014
SN Mobile Technology Inc. develops games for smartphones. The company was founded in 2006 and is based in Seoul, South Korea.

Brich

Venture Round in 2018
An O2O service delivering the latest Korean fashion trends online, has secured an investment from Hana Financial Investment. The company was launched a year ago.

jeongyookgak

Series D in 2022
JEONGYOOKGAK CO.,LTD. retails meat and dairy products online. The company offers pork, beef, chicken, egg, milk, and rice. The company was founded in 2016 and is based in Seongnam-si, South Korea.

jeongyookgak

Series C in 2021
JEONGYOOKGAK CO.,LTD. retails meat and dairy products online. The company offers pork, beef, chicken, egg, milk, and rice. The company was founded in 2016 and is based in Seongnam-si, South Korea.

Qualson

Series A in 2014
Qualson Inc. develops mobile language learning services. Founded in June 2012, the company has succeeded in receiving funding from Samsung SDS, POSCO Capital, Softbank, Capstone, and DSC. As of May 2014, Qualson was operating four B2B services including: Should, AppTeacher, Daily Smartphone Writing, and POSCO TOEIC Speaking. Qualson also runs a B2C service named Talk2Me. Each mobile application provides different forms of services, but they share a common goal, which is to help people study English anytime and anywhere. With its B2B and B2C products, Qualson Inc. strives to expand its scopes to the global market as one of the leading companies in the mobile learning industry.

Drama & Company

Seed Round in 2014
Drama & Company offers applications for developing mobile business cards. The company provides an application and web service Profeel.me, a mobile business card service which lets users to make and share their own cards via smartphone while storing cards from others. Cards made via the application include images, a profile and social media links, and they can be shared via text or other platforms such as Kakao Talk. It also provides a mobile application such as Remember app that helps users to scan, sort, and store all of your business cards in one place. The company is based in Seoul, South Korea.

Bapul

Seed Round in 2013
Immediately Solve [Bapul] (바로풀기 [Bapul]) is a question-and-answer (Q&A) platform that enables users to ask and answer study-related questions. Immediately Solve has won many awards including Women's Entrepreneurship Competition Prize in 2011, Chung Founded Contest Prize in 2012, and Republic of Korea Mobile App Award in 2013. Immediately Solve was founded on June 13, 2011, by Bapul, a Korean web development company.

MOIN

Seed Round in 2016
MOIN is a FinTech startup to solve problems of the current global remittance market. MOIN has developed a money transfer solution based on Blockchain technology. Without going through SWIFT network or intermediary banks, MOIN directly connects senders and receivers to make the wire process simpler, safer, faster, and more convenient with most affordable rates. The company was founded on March 21, 2016, and it is headquartered in Seoul, South Korea.

Eyedentity Games

Seed Round in 2009
EYEDENTITY GAMES, INC. develops online and mobile games. Its mobiles games can accessed through iOS and Android devices. The company ahs strategic alliance with Shengqu Games Ltd., Actoz Soft Co., Ltd., and Eyedentity Games Japan Inc. The company was founded in 2007 and is based in Seoul, South Korea. EYEDENTITY GAMES, INC. operates as a subsidiary of Shanda Games International (Pte) Ltd.

NS Studio

Series B in 2014
NS Studio Co.,Ltd. designs and develops games. The company offers online games, mobile games, and Augmented reality (AR)/virtual reality (VR) games. NS Studio Co.,Ltd. was founded in 2011 and is based in Seongnam-si, South Korea.

Livicon

Venture Round in 2016
Livicon Co., Ltd. manufactures and supplies polymer-dispersed liquid crystal display. The company offers film, glass lamination, and self-adhesive displays. It serves construction, automotive, and advertisement industries. The company was founded in 2014 and is headquartered in Chungju, South Korea.

dooub

Series A in 2012
Dooub (둡) is a Korean mobile application development company established in April 2011. In addition to mobile applications, it develops mobile games and web platforms. Dooub's products include Boom Shake, Super Junior, Girls' Generation, Bigbang, SHINee, 2PM, MICHELLE, CNBLUE (mobile games based on contemporary pop music groups), Affinity (a program to check the compatibility between friends) and more.

8percent

Venture Round in 2014
8percent is Korea's leading online financial service. The 8 percent platform allows many small investors to It is a way to make a loan and the borrower repays it to investors every month. With 8% of online evaluation systems and platform technologies, You can provide high-yielding financial products.

12cm

Seed Round in 2014
12cm operates echoss, a cloud O2O service platform that provides offline to mobile connection services. The company also offers echoss stamp products. 12cm’s platform also includes a service mobile plugin, commerce service, and coupon service components. In addition, its echoss platform is applied and extended to O2O service, including membership, promotion, mobile certification, commerce, and utility. It is based in Bundangdong, Kyonggi-do.

Ntrium

Seed Round in 2013
Ntrium Inc. develops, produces, and supplies customized nano material solutions to display, mobile, semiconductor, 3D printing, biopharmaceutical, cosmetics, aerospace, and other industries. Its products include electromagnetic interference (EMI) shielding materials for packaging; thermal interface materials (TIMs) for mobile AP chipsets; conductive core/shell particles for elastomer sockets; silver powder alternatives for printed electronics; conductive beads for ACFs; thermally enhanced underfill filters for flip chip packages; and drug delivery systems. The company also licenses its technology for integration into various products. Ntrium Inc. was founded in 2013 and is based in Hwaseong si, South Korea.

NPIE Games

Seed Round in 2014
NPIE Games is a South Korean startup specialized in advocating the mobile FPS games developers. It is based in Seongnam, Kyonggi-do.

Innopharmascreen

Series A in 2020
Innopharmascreen is a ICT based drug discovery company.

LUXI Co. Ltd.

Series A in 2017
LUXI Co. Ltd. is a ride-sharing platform that connects drivers and passengers with similar commute directions. Luxi's mission is to settle traffic and environmental problems by establishing a safe and pleasant 'carpool culture'. Give car drivers a new experience as well as beneficial benefits to drivers and passengers!

MAKEUS

Venture Round in 2015
Makeus Co.,Ltd. develops an application that allows users to share video content. The company is based in Seoul, South Korea.

evain

Venture Round in 2014
evain develops mobile applications for electronic newspapers and spam number search. evain is based in Gwangju, South Korea.

ChannelBreeze

Venture Round in 2013
ChannelBreeze (채널브리즈) is a Korean company that provides social commerce services through an online platform including social network services. ChannelBreeze also provides search engine-based web services for real estate.

ChannelBreeze

Series B in 2014
ChannelBreeze (채널브리즈) is a Korean company that provides social commerce services through an online platform including social network services. ChannelBreeze also provides search engine-based web services for real estate.

Barunsoft

Series A in 2014
Barunsoft is a mobile technology and services company focused on software development.

Drama & Company

Seed Round in 2014
Drama & Company offers applications for developing mobile business cards. The company provides an application and web service Profeel.me, a mobile business card service which lets users to make and share their own cards via smartphone while storing cards from others. Cards made via the application include images, a profile and social media links, and they can be shared via text or other platforms such as Kakao Talk. It also provides a mobile application such as Remember app that helps users to scan, sort, and store all of your business cards in one place. The company is based in Seoul, South Korea.

MyRealTrip

Series B in 2015
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

Meerkat Games

Seed Round in 2014
Meerkat Games is a media and entertainment company based in Norwich, New York, United States.

Trance Studio

Series B in 2017
Stylish action game developer in South Korea. Well-known developers of DNF(Biggest revenue maker of Tencent and Nexon) and NC soft are creating a new action game providing 4 players party play realtime.

DaDa Soft

Series A in 2013
DaDa Soft is a Korean company that develops and distributes software for its clients. The company was founded in 2012 and is based in Seoul, Seoul-t’ukpyolsi. It operates as a subsidiary of PATI Games Corporation.

G plus games

Seed Round in 2012
G Plus Games Co., Ltd. was founded in 2011 to create a new era of next gen online entertainment in the global market. By employs over 20 veteran developers who experienced to develop triple A online gaming products for many years, their goal is to create Final Bullet, next generation online shooter which can be published in over the world with groundbreaking brand-new technologies, features, functions and contents. As they are an independent studio, fully ready to work with any global publishers, on any platforms, and prepare any of culturalization and localization for game design, arts, digital materials, contents and development schedules in support their corporate vision.

Karrot Market

Series B in 2018
Carrots Market is a second-hand direct app for residents near you.

ONDA

Series B in 2021
T Port Inc. is an accommodation management platform. T Port Inc.'s real-time reservation management book can easily manage all bookings on the computer or smartphone anytime, anywhere.

Mirinae Games

Series A in 2013
Mirinae Games develops and offers gaming software, platforms, and mechanics.

Flaskon

Series A in 2013
Flaskon (플라스콘) is a Korean mobile game development studio established in 2011. Flaskon released ChainPang, a puzzle game for touchscreen smartphones that had become a worldwide phenomenon since 2010.

Jampick

Seed Round in 2013
Jampick was established in March, 2013. There are 13 employees. They are a start-up mobile game development company. Their employees are highly experienced in the development of online multiplayer games. Since They opened their gaming business, they've developed three mobile games. One is called Farmislandstory and another is Monster War and the otehr is Battle Gates("tentatively named") Farmislandstory("FIS") is a 3D side scrolling running and farming game. The story is that "FIS" was devastated by invaders and they took all the treasures from Farm Island. The female and male guardians of the Farm Island are out to defend Farm Island and rebuild the village destroyed by the invaders.

The Beatpacking Company

Series B in 2015
The Beatpacking Company is the leader of ad-supported music streaming services in South Korea with an application called BEAT.

PUHLPIT CO.,LTD.

Private Placement in 2020
PUHLPIT CO.,LTD. offers artificial intelligence-based foot and shoe measuring software solution. It provides Perfitt R, a foot data analyzer; Perfitt S, an inner shoe visualizer; and Perfitt AI, a shoe size recommendation artificial intelligence engine. The company was founded in 2015 and is based in Seoul, South Korea.

Smile Family

Seed Round in 2013
Smile Family develops mobile applications for families. It offers Smile Mom, a mobile social network for moms to record and share precious moments. It also enables moms to organize family photos and videos into their baby book, with filters and photo collages.

Nuvilab

Seed Round in 2021
Nuvi Lab has developed food scanners for two different industries: Healthcare - Nuvi Lab's food scanners can analyze users' eating habits to understand their health. Based on this data, users can obtain objective and reliable Big Data analysis of nutritional balance, calories, meal times and preferred food. Eco-cafeterias - Nuvi Lab's food scanners can also improve the quality of cafeteria meals by analyzing the volume of servings, consumed food and leftover food. Through this solution, users can also analyze the causes of food waste and accurately predict the volume of intake to minimize the amount of leftovers. In addition, they can establish a compensation system to induce reduction of leftovers by analyzing individual deviated food habits.

Futurestream Networks

Series A in 2011
Futurestream Networks Co., Ltd. provides integrated marketing communications services in South Korea. It provides advertisements suitable for the customer's purchasing journey. The company was founded in 2007 and is headquartered in Seoul, South Korea. As per the transaction announced on April 26, 2016, KB No.7 Special Purpose Acquisition Company was acquired by FuturestreamNetworks Corp., in a reverse merger transaction.

Newploy

Series A in 2016
Newploy develops a platform for salary calculation, transfer, report, and payment. The company was founded in 2014 and is based in Seoul, South Korea.

SEMS GAMES

Seed Round in 2012
SEMS GAMES is a Seoul-based company that builds innovative and appealing games for mobile entertainment. The company is focused on making original quality games for players worldwide and across all mobile platforms. SEMS GAMES is headquartered in Seoul, Seoul-t’ukpyolsi.

Novarex

Funding Round in 2009
Novarex develops and produces health functional foods and raw materials in South Korea and internationally. Novarex offers lactic acid bacteria, eye health, diet, pregnant, children's, powdered general food, prostate health, omega-3, and vitamin and mineral products, as well as GNC and BLACKMORES products in the forms of tablet, hard capsule, and powder, gumi jelly, and stick jelly. The company was formerly known as Health Science Co., Ltd. and changed its name to Novarex Co., Ltd. in November 2011. Novarex Co., Ltd. was founded in 2008 and is headquartered in Cheongju, South Korea.

WhiteOut

Series A in 2013
WhiteOut is a mobile development group based in Seoul, South Korea.

Urbanbase

Series A in 2017
We provide a platform of VR and AR tools for architecture and interior design. Urbanbase has patented technology of creating 2D floorplans in 3D, AR and VR, in just a few seconds. Urbanbase offers B2C VR home furnishing platform and AR mobile application for revolutionary interior design experience, as well as B2B sales tool based on internally developed 3D, AR, VR APIs for various types of businesses such as real estate, home designing, retail and many more. Current clients include LG, iLoom, Daelim and over 40 interior / furniture companies.

OWLOGUE

Series A in 2014
OWLOGUE is a Seoul-based game studio that creates anime games. It is headquartered in Seoul, Seoul-t’ukpyolsi.

Flintgames

Series A in 2014
Flintgames is an online platform that creates video games for its users. It is based in Seoul, Seoul-t’ukpyolsi.

Iamcompany

Series A in 2014
‘iamcompany’ is a student startup based on KAIST Midam committee and other educational charity services within KAIST. The company’s vision is to find students’potential through internet based technologies. To fulfill this vision, the company received 2 billion won investment from various investors. Service ‘iamschool’ is a mobile app that sends various educational institutions’ news and other contents to students’ caregivers. Just like ‘Twitter’, educational institutions send contents and news publicly. Caregivers search and follow institutions. (Download: play.google.com/store/apps/details?id=com.imcompany.school2) ‘iamclass’ is a web service that sends institutions’ information about students or institution itself directly to students’ caregivers. This app also advertises educational institutions to their target market. (Download: play.google.com/store/apps/details?id=com.imcompany.school2)

Cuvepia

Series B in 2014
Cuvepia utilizes white hacking techniques to detect advanced threats in real-time to secure data. It monitors endpoints for threats including advanced persistent threats to help organizations detect and analyze activities at each stage of the attack to quickly resolve incidents.

Karrot Market

Series A in 2016
Carrots Market is a second-hand direct app for residents near you.

Coinplug

Series A in 2014
Coinplug is a blockchain developing company leading the next generation of blockchain-based solutions and services, being a pioneer in the field since its founding in 2013 and with over 300 blockchain patents. The company is continuously innovating in the field of blockchain, focusing in the areas of Identity & Authentication (Decentralized Identity, Self-Sovereign Identity), Payment Solutions and Assets Management.

Fakedice

Seed Round in 2014
Fakedice, a game studio, develops and publishes games in South Korea. It develops DICETINY, a turn-based card and board game. Fakedice was formerly known as Codebrush. The company was founded in 2015 and is based in Seongnam, South Korea.

The Beatpacking Company

Series A in 2014
The Beatpacking Company is the leader of ad-supported music streaming services in South Korea with an application called BEAT.

Watcha

Series A in 2013
WATCHA - Launched in AUG 2012, it quickly became Korea’s favorite movie review app - Its core competency lies in personalized recommendation technology - once users rate movie, WATCHA predicts how they will like movies they haven’t yet seen - Now provides the widest and most accurate movie, TV show and book reviews - Launched in Japan in 2015 WATCHA PLAY - Launched in JAN 2016 - Subscription VOD service for movie and TV series available on multiple devices including Web, iOS/Android mobile and tablet, Samsung/LG Smart TV, Google Chromecast, Android TV - Provides extremely accurate personalized content recommendation, powered by WATCHA - 75% of content consumed based on recommendations Comment by Apple, App Store Editor Team “Thanks to its large volume of reliable review data collected from users, WATCHA PLAY can recommend contents that perfectly satisfy my taste. Please don’t waste your time in choosing what to watch. Trust WATCHA PLAY and Enjoy tonight”

iFunFactory

Series A in 2014
iFunFactory offers a backend platform for mobile game services and solutions. Its products include iFunEngine: a mobile game server framework; iFun Cloud: game-specific PaaS cloud; and iFun Map Editor: a map editor for mobile games. iFunFactory was founded in May 2013 and is based in Seongnam, South Korea.

Leetek

Series A in 2013
Leetek develops, manufactures, and sells wireless customer paging systems for small- and medium-sized businesses to manage customer flow. It was founded in 1998 and is based in Bucheon, South Korea.

Won

Seed Round in 2012
Won provides people to use their credit cards more easily on the mobile. The patented technology enables credit card users not to install any other add-on software. Won started to provide its service(SmartPay) to Hana SK Card from 2012.

Jienem

Seed Round in 2017
Jienem launched their service in December and has a network of over 300 guest house locations. In 2016 the company is expected to launch their Android application to increase the convenience for in-bound tourists.

DaDa Soft

Series A in 2014
DaDa Soft is a Korean company that develops and distributes software for its clients. The company was founded in 2012 and is based in Seoul, Seoul-t’ukpyolsi. It operates as a subsidiary of PATI Games Corporation.

Merlot Laboratories

Series B in 2014
Merlot Laboratories Inc. manufacturers of LED-based products, such as bulbs, floodlight, tube lights, and down lights. The company was founded in 2012 and is based in Seoul, South Korea.