Forest Partners

Forest Partners LLC is a private equity and venture capital firm based in Seoul, South Korea, established in 2016. The firm focuses on investing in small to mid-sized companies across a diverse range of sectors, including media, entertainment, consumer lifestyle, industrial, healthcare, and high-tech industries. Forest Partners seeks to acquire significant minority or controlling stakes in its portfolio companies, typically investing between 9 million and 27 million dollars in private equity and up to 18 million dollars in venture capital. The firm aims to support high-growth companies by providing strategic resources and expertise to drive their expansion.

Alex Seung Han

CEO and Founding Partner

NAM HWEU JO

SENIOR ASSOCIATE

15 past transactions

December & Company

Venture Round in 2024
December & Company is a Seoul-based firm that specializes in customized asset management services. The company develops investment services software, utilizing data-driven artificial intelligence to create robo-advisors that guide clients in making informed financial investments. December & Company offers a range of services, including investment advisory, discretionary investment management, and specialized private collective investment. Through these services, the firm assists a diverse clientele in effectively allocating and managing their assets.

Absology

Series B in 2023
Absology is a developer of in-vitro diagnostic systems aimed at enhancing patient care and saving lives. The company provides a range of diagnostic kits, including those for testosterone, vitamin D, PSA, TSH, FreeT4, and PCT. Additionally, Absology's platform supports monitoring for anti-cancer therapies, cardiovascular diseases, and Alzheimer's disease, thereby facilitating accurate diagnosis and effective treatment of various medical conditions. Through its innovative solutions, Absology enables healthcare professionals to make informed decisions that improve patient outcomes.

Utransfer

Seed Round in 2023
Utransfer is a platform that specializes in overseas money transfer services, aiming to simplify the process of international transactions. It offers real-time remittance solutions, allowing users to easily send money across borders. In addition to standard money transfers, Utransfer provides options for tuition payments and currency exchange, catering to both individuals and businesses engaged in cross-border financial activities. By focusing on user-friendly features, Utransfer enhances the efficiency of financial transactions in a global context.

Oilnow Korea

Series A in 2023
Oilnow Korea provides real-time gas station price comparison information.

Fadu

Venture Round in 2023
FADU Inc. is a fabless semiconductor company based in Seoul, South Korea, with an additional office in Mountain View, California. Founded in 2015, FADU specializes in the design and manufacture of memory and storage solutions, focusing on innovative Flash storage technology. The company has developed products such as the FADU Annapurna and FADU Bravo SSD controllers, aimed at addressing the increasing demands for data storage in enterprise datacenters. With a team comprising talented architects, ASIC experts, and seasoned SSD engineers, FADU aims to introduce next-generation storage products that stand out in a rapidly evolving industry. The company is dedicated to advancing Flash storage architecture and supply chain solutions to meet the diverse needs of modern data environments.

Aizen

Series B in 2022
Aizen Global Co., Inc., established in 2016 and headquartered in Seoul, South Korea, specializes in developing AI-driven business applications for the financial sector. The company's flagship product, ABACUS, is an automated machine learning platform that streamlines core decision-making processes in finance. Aizen's solutions, powered by ABACUS, cater to various aspects of financial institutions' operations, including customer acquisition, credit scoring, underwriting, marketing, risk management, and fraud detection. Notably, Aizen's CreditConnect platform, also powered by ABACUS, is designed to automate key decision-making processes in lending, bridging the gap between banks and data economy platforms. The company has secured Series B funding to expand its CreditConnect service in Southeast Asia, led by a state-led fintech innovation fund backed by major Korean banks.

Dot Slash Dash

Seed Round in 2022
Dot Slash Dash is a video platform founded by Changwoo Lee in 2020, focused on documenting users' lifestyles through short-form videos. The platform allows users to curate and archive their memories while providing opportunities for creators to engage with fans. By enabling real-time updates, Dot Slash Dash facilitates the sharing and preservation of personal experiences, making it a unique social networking application for users looking to connect and reminisce.

TagHive

Series A in 2021
TagHive Inc. is an education technology company based in Seongnam-si, South Korea, founded in 2017. It specializes in developing an artificial intelligence-powered online learning and quiz application called Class Saathi. The platform aims to enhance learning outcomes by addressing inefficiencies and the lack of personalization in the education system. TagHive's solutions help alleviate the administrative burden on teachers, allowing them to focus more on individualized instruction. Class Saathi integrates seamlessly with existing learning management systems and functions without internet connectivity, making it suitable for diverse educational environments. The platform has been implemented in over 8,000 classrooms across countries such as India, South Korea, South Africa, Cambodia, and South America, benefiting over 450,000 students. TagHive holds 27 registered patents and trademarks, with 11 additional applications pending, showcasing its commitment to innovation in the ed-tech sector.

Tridge

Series C in 2021
Tridge Co., Ltd, established in 2014 and headquartered in Seoul, South Korea, operates a global trade ecosystem for the food and agriculture industry. Its core business is an online platform that connects buyers and sellers worldwide, facilitating sustainable cross-border trades. Tridge's platform offers professional networking, data intelligence, and a comprehensive range of services from research to ordering, enabling users to source products at competitive prices across over 150 countries.

Tridge

Series B in 2020
Tridge Co., Ltd, established in 2014 and headquartered in Seoul, South Korea, operates a global trade ecosystem for the food and agriculture industry. Its core business is an online platform that connects buyers and sellers worldwide, facilitating sustainable cross-border trades. Tridge's platform offers professional networking, data intelligence, and a comprehensive range of services from research to ordering, enabling users to source products at competitive prices across over 150 countries.

Tridge

Series A in 2019
Tridge Co., Ltd, established in 2014 and headquartered in Seoul, South Korea, operates a global trade ecosystem for the food and agriculture industry. Its core business is an online platform that connects buyers and sellers worldwide, facilitating sustainable cross-border trades. Tridge's platform offers professional networking, data intelligence, and a comprehensive range of services from research to ordering, enabling users to source products at competitive prices across over 150 countries.

WAGTI

Series A in 2018
WAGTI, founded in 2016 and based in Seoul, South Korea, specializes in providing comprehensive marketing services tailored for sports federations, leagues, and corporations related to sports and culture. The company operates a sports media platform that focuses on creating and sharing inspirational stories and content. WAGTI's offerings include sports media operations, content and product planning, design and production, mobile app services, sports marketing execution, and brand strategy consulting. Through these services, WAGTI facilitates connections between people and brands, enhancing engagement within the sports community.

Aizen

Series A in 2018
Aizen Global Co., Inc., established in 2016 and headquartered in Seoul, South Korea, specializes in developing AI-driven business applications for the financial sector. The company's flagship product, ABACUS, is an automated machine learning platform that streamlines core decision-making processes in finance. Aizen's solutions, powered by ABACUS, cater to various aspects of financial institutions' operations, including customer acquisition, credit scoring, underwriting, marketing, risk management, and fraud detection. Notably, Aizen's CreditConnect platform, also powered by ABACUS, is designed to automate key decision-making processes in lending, bridging the gap between banks and data economy platforms. The company has secured Series B funding to expand its CreditConnect service in Southeast Asia, led by a state-led fintech innovation fund backed by major Korean banks.

Linkshops

Venture Round in 2018
Linkshops.com is the first multi-lingual B2B marketplace focused on the Dong-dae-moon fashion sector, supported by KTB Network. The company operates an online platform that facilitates wholesale retail store services. It offers daily updates on newly arrived products and includes features such as online ordering, bulk orders, reservation, pick-up, delivery, and invoicing. This comprehensive approach helps businesses streamline operations and reduce costs while allowing consumers to benefit from savings.

Jeju Beer

Series A in 2016
Jeju Beer Company, Limited, founded in 2015 and based in Jeju, South Korea, specializes in the production of beer. As a brewery, it operates within the alcoholic beverage manufacturing industry, focusing on crafting unique brews that reflect the local culture and environment. The company aims to establish a strong presence in the market by offering quality products that appeal to both local and international consumers.
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