Top 10 InsurTech VC (Venture Capital) Funds in South Korea in May 2026

Portfolio highlights

• Sugarblade — Sugarblade is a non-destructive test-based used golf goods certification and trading platform.
• SpaceVision — Space Vision is an artificial intelligence-powered digital advertising platform.
• City Storage — City Storage is a side dish platform that produces and sells salads, soups, and pickles.

Portfolio highlights

• Dot Mill — Dot Mill is a mixed reality content production company.
• Foody Worm — Foody Worm is an insect research company that practices and develops ESG and sustainability management through insects.
• Works Mate — Works Mate is a job search matching platform for daily workers in the field of construction and architecture sectors.

Portfolio highlights

• Glow Seoul — Glow Seoul is a creative consulting company that specializes in content development, space design, and construction for clients.
• Uneedcomms — We create communication between the shopping mall and customers. We offer mobile shopping malls, dynamic advertising systems, message automation solutions and global image hosting services based on advanced technology. Uneedcomms is moving toward the next generation of marketing that the global E-Commerce market needs with the power of software.
• Shinto Excursion Group — Shinto is a content expert that produces personalized content and promotes styles.

Portfolio highlights

• JLT — JLT supplies industrial automation equipment solutions and focuses on technology improvement through an integrated welding solution development project.
• Selta Square — Pharmacovigilance AI Solution and Service provider SeltaSquare
• PineTree Therapeutics — PineTree Therapeutics engages in the development of disruptive therapies in Oncology and Immuno-oncology.

Portfolio highlights

• HJ Wave — HJ Wave is a manufacturing comapny that designs and develops millimeter-wave RF band, including radar antennas for autonomous driving.
• 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

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.

Portfolio highlights

• Acon3D — Digital Asset Store. Use brushes, 3D backgrounds & animated deformes for all creative fields!
• Coxwave — Coxwave provides product analytics and observability for AI applications. The Skylight platform instruments LLM prompts, responses, context, and user interactions via SDKs and ingestion APIs. It aggregates metrics such as quality, latency, token usage, and cost, and presents dashboards to monitor trends and detect regressions. Teams use it tocollect human feedback, build evaluation datasets, and compare prompt or model variants before and after releases. Tracing links events across sessions and workflows, helping correlate outcomes with inputs and application state. Integrations connect to common LLM providers, orchestration frameworks, and data pipelines, allowing data to flow into existing analytics stacks and workflows.
• Habit Factory — Habit Factory provides financial big data analytics solutions.

Portfolio highlights

• HAII — HAII is a theranostics companion platform that offers treatments developed by AI data analytics.
• Movv — Movv is a mobility service that makes movement more safe and convenient anytime and anywhere by using dedicated articles and vehicles. They offer dedicated drivers and cars to help travelers move safely and comfortably. With the mobile application, you can set up your travel itinerary and call your driver anytime anywhere, so you can enjoy youroverseas travel with the movv.
• Freewheelin — Freewheelin is an edtech company developing AI-powered tools to personalize math education. Their platform offers services such as generating homework books, integrating with textbooks, managing student errors, and analyzing performance data to assist educators in course preparation. The company has curated a database of math resources inpartnership with textbook publishers, ensuring teachers can use materials without copyright concerns.​

Portfolio highlights

• Hudson AI — Hudson AI is an enterprise that delivers AI-based dubbing solutions. It supports the development of dubbed content, which is the core of content localization, using voice and video AI technologies.
• EnhancedBio — EnhancedBio is a biopharmaceutical company that develops and provides anti-cancer therapeutics.
• HN Novatech — HN Novatech is a food ingredient company that makes foods through seaweed-extracted heme molecules-based alternative meat.

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.