# Hanwha Life

> Hanwha Life is a VC fund in Seoul backing Financial Services, Banking and Software. See 11 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Seoul, South Korea
- Total investments: 11
- Last investment: Jun 2024
- Lead investor: 36%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/hanwha-life-co.-ltd.
- X (Twitter): https://twitter.com/hanwhalife
- Website: https://www.hanwhalife.com
- Facebook: https://www.facebook.com/HanwhaLifeInsurance

Hanwha Life is an insurance company that provides life insurance in South Korea.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 3 | 27% |
| Banking | 2 | 18% |
| Software | 2 | 18% |
| Consulting | 2 | 18% |
| Business Development | 2 | 18% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 27% |
| Series A | 2 | 18% |
| Series D | 2 | 18% |
| Series C | 1 | 9% |
| Funding Round | 1 | 9% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 8 | 73% |
| Indonesia | 1 | 9% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Korea Credit Data | Korea Credit Data provides essential services for merchants in Korea including business management, customer analysis, POS and payment services as well as marketplace platform. KCD and its six subsidiaries currently serve more than two million businesses in Korea. KCD aims to resolve issues a business owner faces from the beginning to end of hisbusiness life. To this end, KCD expands its business areas to include payment(Korea Payment Networks), POS(IMU), and credit bureau(Korea Credit Service) which obtained a CB license for the first time in 17 years.KCD made strong strategic partnerships with industry leading companies and built a high entry barrier; the company raised $220M+ from Temasek(Pavilion Capital), Morgan Stanley(Tactical Value), Kakao(No.1 mobile platform in Korea), KB Kookmin Bank(No.1 retail bank in Korea), Hanwha Life Insurance, Shinhan Card(No.1 credit card company in Korea), Dunamu(No.1 cryptocurrency exchange in Korea 'Upbit'), GS Holdings(No.1 CVS in Korea 'GS25'), Fiserv(the largest non-bank merchant acquirer) and more. | $36.2M | Series D | Jun 28, 2024 |  |
| Bank Nationalnobu | Bank Nationalnobu provides general banking services. Bank Nationalnobu offers current and savings accounts; time deposits; and working capital and investment loans, as well as consumer loans, including home mortgage, automobile, and other personal loans. | $34.5M | Post-IPO Equity | Apr 24, 2024 |  |
| Carrot General Insurance | Carrot General Insurance is a digital insurance company. | $130M |  | Sep 08, 2022 |  |
| Carrot General Insurance | Carrot General Insurance is a digital insurance company. | $126.4M | Private Equity | Sep 08, 2022 |  |
| Apposter | Apposter is a Korean-based interactive solutions company engaged in providing UI development, app development, and mobile business consultancy solutions to its customers. Apposter has released many mobile apps and solutions to the enterprise market including, Fotofly, Life Valley, and Tok Song. | $8M | Series B | Sep 07, 2022 |  |
| AIRS Medical | AIRS Medical is an MRI reconstruction software service provider. | $19.4M | Series B | Jul 27, 2022 |  |
| HANDHUG | HANDHUG is a content commercialization company. | $6.1M | Series A | May 17, 2022 |  |
| Day1 Company | Day 1 Company (formerly Fast Campus) is Korea’s fastest-growing Life-Changing Education startup. | $28.2M | Series D | Apr 21, 2022 |  |
| Talent Bank | Talent Bank provides online advisory services to solve business problems. | $5M | Series A | Jan 04, 2022 |  |
| Kbank | KBank Co Ltd provides banking services. The Bank accept deposits and make loans to retail customers. KBank Co serves customers in South Korea. Kbank was established on January 7, 2016 in Seoul-t'ukpyolsi, South Korea. | $1.1B | Series C | May 26, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [Affirma Capital](https://shizune.co/investors/profile/affirma-capital) — VC Fund, 2 deals together
- [Altos Ventures](https://shizune.co/investors/profile/altos-ventures) — VC Fund, 2 deals together
- [STIC Investment](https://shizune.co/investors/profile/stic-investment) — VC Fund, 2 deals together
- [BNK Securities](https://shizune.co/investors/profile/bnk-securities-7af0) — VC Fund, 1 deal together
- [Com2uS](https://shizune.co/investors/profile/com2us-corp) — VC Fund, 1 deal together
- [Comes Investment](https://shizune.co/investors/profile/comes-investment) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Hanwha Life invest in?

Hanwha Life invests primarily in Financial Services, Banking and Software startups, most often at Series B and Series A stage. Most of the 11 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Hanwha Life last invest?

The most recent investment recorded for Hanwha Life closed in Jun 2024. Shizune tracks 11 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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