Top startups in South Korea for 2024

In South Korea, we rank 1288 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in South Korea are exceeding the performance of their global counterparts.

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Top Unicorns in South Korea for 2024

SB Score:798

Discover a captivating online fashion platform offering a one-stop destination for all your style needs. Immerse yourself in the world of fashion with curated collections, trend reports, and shopping guides. Explore, shop, and stay on top of the latest trends effortlessly.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:749

Kurly is a convenient online platform for ordering food and managing logistics. Users can easily browse and order meals from a variety of restaurants, all while enjoying efficient delivery services.

Industry:
Foodtech
Subindustry:
Online Food Ordering

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SB Score:739

Wemakeprice is an e-commerce platform offering internet advertising services. It provides a variety of products and deals to customers while helping businesses reach their target audience through online marketing.

Industry:
Ecommerce & Retail
Subindustry:

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Total amount:14

Best Startups in South Korea for 2024

SB Score:738

OP.GG offers in-depth analytics and tools for gamers to track and improve their performance in online games. From detailed stats to personalized recommendations, OP.GG helps players level up their skills and dominate the competition.

Industry:
Software & Data
Subindustry:
Software

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SB Score:710

Kakao Pay is the financial technology division of Kakao. It allows over-counter payments, peer-to-peer transactions, bill payment, web banking and more, and it will move to offer financial services such as loans and financing.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:696

O-House is a one-stop platform for homeowners and design enthusiasts, offering inspiration, shopping, and a community for all things home living and decoration.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:686

Buzzvil, a Seoul-based startup founded in 2012, revolutionizes advertising by connecting brands with consumers through smartphone lockscreens. With over 2 million users in South Korea and the #1 lockscreen platform in Japan, Buzzvil's Honeyscreen and Lockjoy apps offer a natural and effective advertising experience.

Industry:
Marketing & Sales
Subindustry:
Adtech

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SB Score:654

Carrots Market is a local second-hand app connecting nearby residents for direct buying and selling. Find great deals on preloved items in your community with ease.

Industry:
Social & Leisure
Subindustry:
Communities

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SB Score:644

Bithumb is the go-to platform for trading cryptocurrencies. Easily buy and sell digital assets with a user-friendly interface. Start investing in the future of finance today.

Industry:
Fintech
Subindustry:
Cryptocurrency

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SB Score:596

NHN Cloud is an operator of a cloud-based platform designed for providing integrated services to improve the business's performance.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:589

Doctornow is a leading digital healthcare platform in South Korea and the pioneer of the nation's first remote medical consultations & drug delivery services. Doctornow offers a range of services, including medical AI assessments and real-time consultations with medical practitioners.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:587

JoyCity is a game development and services company.

Industry:
Social & Leisure
Subindustry:
Gaming

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SB Score:584

This startup empowers users to streamline career management through personalized employment insights and company data.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:583

Bespin Global offers consulting, migration, and managed services for hybrid cloud solutions, helping startups seamlessly transition and optimize their cloud infrastructure.

Industry:
Software & Data
Subindustry:
Data Analytics

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Total amount:1288

Most Funded Startups in South Korea for 2024

The top three most funded startups in South Korea have raised total funding of more than USD 2.39B. Among the top three funded startups, the most popular industry, based on total funding, is Transportation.

SB Score:510

42dot is revolutionizing mobility with UMOS, leading the way in seamless and self-driving transportation services.

Industry:
Transportation
Subindustry:
Automotive

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SB Score:375

Crypto Financial Services Provider.

Industry:
Fintech
Subindustry:
Cryptocurrency

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Total amount:1288

Top Hiring Startups in South Korea by Employee Number

The top three hiring startups in South Korea have an average employee size that is larger than to the global average. Among these, the Transportation industry features the startup with the largest workforce.

SB Score:570

Coupang is one of the largest eCommerce companies in Asia.

Industry:
Marketing & Sales
Subindustry:
Marketing & Sales-Other

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SB Score:490

As a pioneer in the Korean automobile industry, Hyundai Motor Company has established itself as a global automobile manufacturer. We are leading the future mobility industry based on the world's first mass-produced hydrogen car, autonomous driving and connectivity technologies.

Industry:
Transportation
Subindustry:
Automotive

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SB Score:380

SK Hynix is the global leader in producing semiconductor, such as DRAM and NAND flash and System IC including CMOS Image Sensors.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

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SB Score:536

LINE Plus Corporation was established in March 2013 in South Korea as a subsidiary of LINE Corporation. It supports LINE’s global business development with programmers, designers, marketers, sales personnel, and PR managers of 50 different nationalities working together.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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Total amount:1288

Explore the Startup Ecosystem of South Korea

Population

(South Korea)

51.6 Million

Regional Rank

(East Asia)

2nd

1

Global Rank

(WorldWide)

20th

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Best Software & Data Startups in South Korea for 2024

South Korea startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data startups in South Korea have raised more than USD 719M, an amount that is higher than the global industry average.

SB Score:738

OP.GG offers in-depth analytics and tools for gamers to track and improve their performance in online games. From detailed stats to personalized recommendations, OP.GG helps players level up their skills and dominate the competition.

Industry:
Software & Data
Subindustry:
Software

City Rank (Seoul)

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SB Score:596

NHN Cloud is an operator of a cloud-based platform designed for providing integrated services to improve the business's performance.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Seongnam-si)

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Regional Rank (East Asia)

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SB Score:589

Doctornow is a leading digital healthcare platform in South Korea and the pioneer of the nation's first remote medical consultations & drug delivery services. Doctornow offers a range of services, including medical AI assessments and real-time consultations with medical practitioners.

Industry:
Software & Data
Subindustry:
Apps

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Total amount:481

Best Hardware & IoT Startups in South Korea for 2024

South Korea startups in the Hardware & IoT industry are overperforming their global industry peers. The top three Hardware & IoT startups in South Korea have raised more than USD 225M, an amount that is higher than the global industry average.

SB Score:570

Dable, Inc. offers a B2B Omni-channel Personalization Platform that enhances user engagement. Their platform provides clear and engaging customer experiences across multiple channels.

Industry:
Hardware & IoT
Subindustry:
Hardware

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SB Score:473

Gen.G is the premier esports organization bridging the gap between the U.S. and Asia. They lead the industry by connecting gamers, fans, and brands across continents through innovative partnerships and competitions.

Industry:
Hardware & IoT
Subindustry:
Hardware

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SB Score:448

Supertone offers cutting-edge AI technology for voice synthesis and real-time voice enhancement. Their world-renowned tools provide crystal-clear audio for any application.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

City Rank (Seongnam-si)

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Total amount:98

Best Social & Leisure Startups in South Korea for 2024

South Korea startups in the Social & Leisure industry are overperforming their global industry peers. The top three Social & Leisure startups in South Korea have raised more than USD 577M, an amount that is higher than the global industry average.

SB Score:654

Carrots Market is a local second-hand app connecting nearby residents for direct buying and selling. Find great deals on preloved items in your community with ease.

Industry:
Social & Leisure
Subindustry:
Communities

City Rank (Seoul)

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SB Score:587

JoyCity is a game development and services company.

Industry:
Social & Leisure
Subindustry:
Gaming

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SB Score:581

Lezhin Entertainment is a Korean startup that offers Lezhin Comics, a webtoon ( web comics , online manga ) service for mature readers.

Industry:
Social & Leisure
Subindustry:
Entertainment

City Rank (Seoul)

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Total amount:118

Top Cities for Startups in South Korea - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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