KB Financial Group

KB Financial Group is a prominent financial holding company in South Korea, recognized for its extensive customer base and widespread branch network. With total assets surpassing US$342 billion, the Group maintains a strong capital position and enjoys significant brand loyalty. Established in September 2008, it comprises ten domestic subsidiaries that offer a wide array of financial services, including commercial banking, credit cards, securities, life and non-life insurance, asset management, and venture capital. It also operates four international subsidiaries located in Hong Kong, England, Cambodia, and China. The Group primarily generates its revenue from its banking operations, reflecting its central role in the financial services landscape amid evolving market conditions and increasing demand for comprehensive financial solutions.

13 past transactions

Wavebridge

Series B in 2022
Wavebridge is a prominent institutional digital asset company founded in November 2018, specializing in both traditional and cryptocurrency finance. The company offers a sophisticated digital asset management platform tailored for institutions and corporations, facilitating efficient trade execution and balance management. By connecting digital asset exchanges and blockchain wallets, Wavebridge addresses the challenges faced by organizations in executing large volume trades securely and optimally. Additionally, the platform provides reliable accounting and administrative services that adhere to legal and transparent procedures, ensuring a comprehensive suite of investment solutions enhanced by advanced data processing and artificial intelligence technology.

OHouse

Series D in 2022
OHouse is a all-in-one lifestyle platform that integrates content, community, and commerce. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. OHouse revolutionizes the lifestyle(home furnishing and remodeling) market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. As the leading innovators of the home furnishing industry, Ohouse aims to become an lifestyle super application that provides the best customer experience. Ohouse won the Best App Award by Google Play in 2018, and its app is downloaded by more than 20 million users.

BlockOdyssey

Series A in 2022
BlockOdyssey Inc. is a technology start-up based in Daejeon, South Korea, specializing in blockchain-based distribution management solutions. The company focuses on providing industry-specific applications such as anti-counterfeiting systems, data storage, and currency exchange. Its primary offering is a blockchain platform that integrates logistics and distribution history management, enabling reliable data sharing among businesses. This platform employs advanced authentication methods, including digital signature QR codes, to ensure the security and integrity of logistics information. BlockOdyssey has garnered investment from prominent companies, including Asia's largest cosmetic firm, and is actively collaborating with pharmaceutical companies in France to enhance its offerings.

Nitra

Seed Round in 2022
Nitra is a financial technology company focused on enhancing the healthcare industry through efficient and transparent solutions. The company offers a platform that provides machine learning-powered financial software, including credit cards, loans, accounts, payments, and expense management tailored for medical professionals. Nitra's tools help healthcare providers streamline their spending and manage payments in one centralized location, offering a clear overview of daily expenses. The Nitra Visa Business Card rewards users with benefits for every transaction and provides access to discounts through a network of partners. By simplifying accounting and receipt reconciliation, Nitra aims to support healthcare providers in balancing patient care with efficient practice management, delivering modern technology and dedicated support to the sector.

Cerecin

Series A in 2021
Cerecin is a healthcare company based in Denver, Colorado, that focuses on developing innovative therapeutics and products aimed at addressing neurological conditions, including memory impairment and Alzheimer's disease. Founded in 2001, the company utilizes lipid science to explore the therapeutic benefits of medium-chain triglycerides, which are intended to induce ketosis and enhance mitochondrial metabolism. Cerecin's offerings include pharmaceuticals, medical foods, diagnostics, medical devices, and e-health products. These evidence-based solutions are designed to provide clinicians with effective tools to support brain health and treat a variety of neurodegenerative diseases, ultimately striving to improve the lives of millions affected by these conditions.

Gpay

Series A in 2021
GPay is a financial services company that specializes in electronic payment solutions, enabling users to conduct money transfers, withdrawals, and payments at any time. The company has developed a secure payment gateway that facilitates various financial transactions, including the payment of utility bills and the purchase of phone cards. By prioritizing user information security, GPay aims to encourage customers to shift from traditional cash transactions to more modern digital payment methods.

Xinapse

Series A in 2020
Xinapse is an artificial intelligence startup based in South Korea that focuses on bridging the digital divide and enhancing conventional work methods. The company has developed a generative content platform capable of autonomously creating text, voice, video, and images. Utilizing advanced artificial intelligence technologies, Xinapse offers solutions such as voice synthesis, virtual voice navigation services, and a virtual audio Bible. Through these innovations, the company aims to enhance the quality of life for individuals by connecting artificial intelligence with everyday experiences, ultimately providing customers with a next-generation audio experience.

Bank Bukopin

Post in 2020
Bank Bukopin is a commercial banking corporation based in Indonesia that offers a range of financial services. Its offerings include general time deposits, foreign currency deposits, demand deposits, and savings schemes designed to source funds from the public. The bank operates through two main segments: Conventional banking and Financing, including Sharia-compliant services. The majority of its revenue is generated from the Conventional banking segment, primarily through interest income, fees, and commissions. Bank Bukopin has a presence in various regions, including Jakarta, Bogor, Tangerang, Bekasi, as well as other areas in Java, Sumatera, and Kalimantan. Additionally, the bank engages in leasing activities to expand its service portfolio.

Prudential of Korea

Acquisition in 2020
Prudential Life Insurance Company of Korea, established in 1989 and headquartered in Seoul, specializes in the life insurance sector in South Korea. The company offers a range of insurance products, including life insurance, hybrid variable insurance, term insurance, children's insurance, sickness insurance, savings insurance, and pension insurance. Prudential of Korea is known for providing tailored insurance solutions aimed at affluent and middle-income markets, emphasizing high-quality customer service. The company distributes its products through a network of life planners. It was formerly known as Korea Prudential Life Insurance Co., Ltd. and rebranded in 1997. As of August 2020, Prudential Life Insurance operates as a subsidiary of KB Financial Group Inc. However, it is important to note that the company has ceased its operations.

PharmEasy

Series D in 2019
PharmEasy is a health tech startup founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health. The company operates an online platform that offers a range of healthcare services, including teleconsultation, medicine deliveries, and diagnostic test sample collections. By digitizing the pharmaceutical supply chain, PharmEasy connects patients with local pharmacies and diagnostic centers, facilitating access to essential medicines and healthcare products. This approach aims to make healthcare services more available, affordable, and accessible to patients.

Spinny

Series B in 2019
Spinny is a technology-driven platform focused on the buying and selling of used cars, founded in 2015 and headquartered in Gurgaon, Haryana, India. The company aims to simplify the used car market by providing a trustworthy and hassle-free transaction experience. Spinny operates on a full-stack business model, ensuring value and transparency for its customers. Its platform features a selection of handpicked pre-owned vehicles, complete with detailed information, test drive options, and a five-day money-back guarantee. This approach allows car owners to list their vehicles while enabling potential buyers to navigate the purchasing process with ease and confidence.

MegazoneCloud

Series A in 2019
MEGAZONECLOUD, headquartered in Seoul, South Korea is established in 2018 as spun out of the cloud business of Megazone Corporation was founded in 1998 with U$45M Series-A investment. It is a customer-centric company dedicated to empowering customers with cloud-optimized technology, people and process as we believe Cloud is the optimized digital transformation platform today. They provide a broad and rich set of consulting services and technology solutions for businesses' cloud adoption and digital transformation based on a strong partnership with Amazon Web Services(AWS) and 100+global technology partners. MEGAZONE has been trusted by more than 1500 enterprise, mid-market, and SME customers, including large Korean enterprises like Samsung, LG, Lotte Group, with diverse use cases ranging from simple migration to the most complex application projects. The company's in-depth technical expertise and years of experience working with customers of different sizes and industries have proven us to be the largest premier consulting partner of AWS in Asia Pacific. Outside Korea, we currently have offices in Palo Alto, Tokyo, Shanghai, Hong Kong, and Hanoi aggressively expanding our presence in the global market.

Mainline

Series A in 2018
Mainline is a technology company that specializes in cloud-based document management systems utilizing artificial intelligence to streamline workflows. Their platform, which has been adopted by over 300 Korean government agencies, facilitates the efficient handling of complex documents, such as regulations and contracts. Recently, Mainline developed software for insurance companies that significantly accelerates product development, reducing the time required from several months to just one week by allowing modifications to a single document. The company's offerings also include services related to technological consultancy, system integration, and application maintenance. Mainline is actively seeking foreign investors following a Series A funding round led by KB Securities.
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