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Top 10 InsurTech VC Funds & Investors in South Korea (May 2026)

The most active venture capital funds investing in South Korea InsurTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Korea InsurTech startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Lotte Ventures
VC Fund
1 South Korea, United States, China Seed, Series A Information Technology, Software, Manufacturing $115k–$7.6M
IBK Capital
VC Fund
1 South Korea, United Kingdom Series A, Series B Travel, Art, Logistics $1.2M–$23M
KB Securities
VC Fund
1 South Korea Series A, Series B Health Care, Big Data, Biotechnology $1.7M–$21M
KONA I Partners
VC Fund
1 South Korea Series A FinTech, InsurTech, Insurance
PIA Investment Management
VC Fund
1 United States Series B Genetics, InsurTech, Health Care
Korea Credit Guarantee Fund
VC Fund
1 South Korea, United States Seed, Series A Artificial Intelligence, Information Technology, Manufacturing $229k–$6.3M
TS Investment
VC Fund
1 South Korea, India Series B, Series A, Seed Biotechnology, Health Care, Apps $2.3M–$27M
SJ Investment Partners
VC Fund
1 South Korea, Hong Kong Series A, Series B, Seed Biotechnology, Manufacturing, Medical $382k–$14M
SK Securities
VC Fund
1 South Korea, United States, Singapore Series A, Series B Therapeutics, Apps, Biotechnology $1.5M–$27M
Seoul Business Agency(SBA)
VC Fund
1 South Korea Seed, Series A, Pre-Seed Apps, Artificial Intelligence, Information Technology $76k–$3.7M
Access all 17 VC funds in South Korea InsurTech startups.

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Investor list

Lotte Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups, 21 in the past 12 months

Lotte Ventures is a venture capital firm that is based in South Korea.

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Investment focus

  • Industry: Information Technology, Software, Manufacturing
  • Stage:Seed, Series A
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 112
  • Round size: Seed $115k–$3M; Series A $2.1M–$7.6M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Returnit — RETURNIT is a service that replaces single-use containers with reusable containers used for food delivery.
  • Sugarblade — Sugarblade is a non-destructive test-based used golf goods certification and trading platform.
  • City Storage — City Storage is a side dish platform that produces and sells salads, soups, and pickles.
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IBK Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in South Korea InsurTech startups

IBK Capital has established an enviable track record as an independent Canadian investment banking firm.

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Investment focus

  • Industry: Travel, Art, Logistics
  • Stage:Series A, Series B
  • Geography: South Korea, United Kingdom

Investor stats

  • Total investments: 13
  • Round size: Series A $1.2M–$15M; Series B $13M–$23M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Ronfic — Ronfic develops a smart fitness healthcare system.
  • MetaFines — MetaFines is researching and developing anti-cancer drugs using cancer metabolism.
  • SeaVantage — Ocean Freight Tracking - Transform your ocean shipping with a real-time ocean freight visibility platform, end-to-end cargo tracking, document management, collaboration and more. SeaVantage provides ocean shipping visibility solutions helping supply chain professionals proactively manage disruptions
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KB Securities
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups

KB Securities is a Financial Services company.

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Investment focus

  • Industry: Health Care, Big Data, Biotechnology
  • Stage:Series A, Series B
  • Geography: South Korea

Investor stats

  • Total investments: 42
  • Round size: Series A $1.7M–$13M; Series B $4.6M–$21M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • BRLab — BRLab is a healthcare company in the sleep tech area. We serve sleep tracking and enhancing platform but also ai-based life coaching services. BRLab's platform allows you to use top notching sleep technologies to any type of related applications.
  • Solum — Stay on track with the newest technology with a digital price tag for your merchandise. SOLUM ESL is the leading company in electronic shelf labels.
  • Luten Technologies — Luten Technologies is a provider of AI portal services.
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KONA I Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups

KONA I Partners is an investment firm.

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Investment focus

  • Industry: FinTech, InsurTech, Insurance
  • Stage:Series A
  • Geography: South Korea

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BOMAPP — Bomapp Inc., the most funded South Korean Insurtech is the developer and operator of Bomapp app, an integrated mobile insurance manager. The company aims to provide new value and experience of insurance via simple and easy to use insurance service powered by IT and data.Bomapp’s iconic service, “Bomapp Coverage Fitting” empowers insuranceconsumers by providing better information through personalized coverage report in a simple and easy manner.The app also offers helpful features including “Current Policy Lookup”, “Easy Claim”, “Insurance Gift”, and “Complimentary Public Insurance Lookup”, to make insurance more engaging to a broader audience. As of July 2020, Bomapp app marked 2.2M downloads with 1.7M signed-up users.Along with its B2C line of business, Bomapp is also innovating B2B and B2B2C insurance territory by catering to emerging insurance needs of SMEs and platform service providers.The company plans to further enhance its digital insurance experience to make everything—from comparing to applying—truly digital via personalized coverage with more reasonable premium.
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PIA Investment Management
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups

PIA Investment Management was founded as investment management firm specializing in alternative investment. PIA IM has continued to engage in a wide array of investments ranging from real estate, energy infrastructure and private equity through strong overseas partners with excellent connectivity to their respective local markets.Building onexpertise sharpened through the successful real estate development and NPL investment track record of PIA, we strive to provide stable returns for our clients.

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Investment focus

  • Industry: Genetics, InsurTech, Health Care
  • Stage:Series B
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BOMAPP — Bomapp Inc., the most funded South Korean Insurtech is the developer and operator of Bomapp app, an integrated mobile insurance manager. The company aims to provide new value and experience of insurance via simple and easy to use insurance service powered by IT and data.Bomapp’s iconic service, “Bomapp Coverage Fitting” empowers insuranceconsumers by providing better information through personalized coverage report in a simple and easy manner.The app also offers helpful features including “Current Policy Lookup”, “Easy Claim”, “Insurance Gift”, and “Complimentary Public Insurance Lookup”, to make insurance more engaging to a broader audience. As of July 2020, Bomapp app marked 2.2M downloads with 1.7M signed-up users.Along with its B2C line of business, Bomapp is also innovating B2B and B2B2C insurance territory by catering to emerging insurance needs of SMEs and platform service providers.The company plans to further enhance its digital insurance experience to make everything—from comparing to applying—truly digital via personalized coverage with more reasonable premium.
  • Genoplan — Genoplan is committed to improving lives by making genetic information accessible to all.
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Korea Credit Guarantee Fund
VC Fund · Daegu, Taegu-jikhalsi, South Korea · 1 investments in South Korea InsurTech startups, 33 in the past 12 months

Korea Credit Guarantee Fund operates as a public financial institution.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: South Korea, United States

Investor stats

  • Total investments: 130
  • Round size: Seed $229k–$2.7M; Series A $764k–$6.3M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Petpharma — Petpharma is an Operator of an e-commerce platform intended to provide veterinary medicines.
  • Uniqconn — Uniqconn is a telecommunication company that offers wireless and mechanical interference services.
  • Pribit Technology — Pribit Technology is a technology agency that provides cloud network security technology to related technology services.
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TS Investment
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in South Korea InsurTech startups

TS Investment is an Investment firm specializing in engineering, real estate, and food and beverage through various group companies. They identifying, analyzing, and developing real opportunities across multiple disciplines. The firm aims to become a top tier diversified holding company offering its subsidiaries the necessary financial,operational, and managerial support to ensure each transcends its customer’s expectations, meets its employees' contentment, and exceeds its responsibilities to its stakeholders.

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Investment focus

  • Industry: Biotechnology, Health Care, Apps
  • Stage:Series B, Series A, Seed
  • Geography: South Korea, India

Investor stats

  • Total investments: 16
  • Round size: Series A $2.3M–$19M; Series B $6.1M–$27M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Deargen — DEARGEN advances the treatment of rare and intractable diseases through the integration of AI and collective intelligence.
  • OpenPlan — OpenPlan develops an online platform that offers mini insurance packages. It offers insurance premiums for various types of daily activity. OpenPlan was founded in 2019 and is based in Seoul, South Korea.
  • Toggle — Toggle provides customized one-day insurance that can be purchased even with a small amount.
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SJ Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups

SJ Investment Partners is a venture capital firm that invests in the IT and biotechnology industries.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Medical
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, Hong Kong

Investor stats

  • Total investments: 46
  • Round size: Seed $382k–$2.3M; Series A $1.5M–$7.6M; Series B $3.8M–$14M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • GenKOre — GenKOre operates as a biotech company, specializing in genetic scissors.
  • GTL — GTL manufactures hydraulic equipment, mechanical parts, industrial robots and automation equipment or aircraft and spacecraft parts.
  • Vetching — Vetching started with the meaning of matching veterinarians and veterinary hospital customers by combining veterinarian and matching.
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SK Securities
VC Fund · Yongdungpo, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups

SK Securities is a South Korea-based financial service provider that specializes in the securities market. It primarily engaged in securities brokerage, dealing and underwriting businesses, covering stocks, futures, options, government bonds, corporate bonds, foreign exchanges, and financial derivative products. The company also involves in theinvestment banking business, which provides acquisition, project financing services, and wealth management services.SK Securities was founded in 1955.

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Investment focus

  • Industry: Therapeutics, Apps, Biotechnology
  • Stage:Series A, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 13
  • Round size: Series A $1.5M–$27M; Series B $6.9M–$12M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Cerecin — Cerecin is a healthcare company that develops novel evidence-based therapeutics and products that aim to help people.We develop novel evidence-based therapeutics and products that aim to help millions of people. These solutions are designed to target conditions ranging from memory impairment to Alzheimer’s disease and other devastatingneurological diseases.
  • Easy Charger — Easy Charger provides EV infrastructure, electric two-wheeled vehicle battery station, solar power, and platform development services.
  • Travel Wallet — Travel Wallet is a foreign currency payment service that uses the Travel Wallet application. The travel Pay card is free of charge for overseas payments. The payments are overseas direct purchases and overseas payments without commission. The license for small overseas remittance businesses and electronic financial businesses by meeting variouscomputer facilities and all requirements. The platform agreement with banks.
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Seoul Business Agency(SBA)
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Korea InsurTech startups

Seoul Business Agency (서울산업통상진흥원) is a Koran startup providing support services for small businesses to increase their efficiency and foster a stable business. The company provides support in the areas of technology, management, human resources, and more.

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Investment focus

  • Industry: Apps, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Korea

Investor stats

  • Total investments: 21
  • Round size: Seed $76k–$3.2M; Series A $917k–$3.7M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Foody Worm — Foody Worm is an insect research company that practices and develops ESG and sustainability management through insects.
  • Headless — We provides growth-hacking D2C solutions through AI headless commerce technology with data-pipeline connection and auto-marketing solutions.
  • Works Mate — Works Mate is a job search matching platform for daily workers in the field of construction and architecture sectors.
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InsurTech VC funding in South Korea at a glance

Stats across 6 deals from 17 investors.

17
investors
in South Korea InsurTech startups
6
deals
in South Korea InsurTech startups
$1.7M
median round
in South Korea InsurTech startups
6%
lead investors
lead at least one round
50%
Series A
most common funding stage

Access all 17 VC funds in South Korea InsurTech startups.

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