# IDG Ventures Korea

> IDG Ventures Korea is a VC fund in Seoul backing iOS, Local and Mobile. See 4 investments, round sizes, portfolio. Updated Oct 2026.

- Type: VC Fund
- Location: Seoul, South Korea
- Total investments: 4
- Last investment: Dec 2014
- Lead investor: 0%
- Last updated: Oct 2026
- X (Twitter): http://twitter.com/IDGVK
- Website: http://www.idgvk.com

IDG Ventures Korea is a VC fund in Seoul focused on iOS and Local. IDG Ventures Korea manages a US$100 million venture capital fund focused on growing companies whose innovative products and services can succeed in both the local and the global market. Korea is a global IT powerhouse that has a history of launching new technologies ahead of other markets.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $100k–$400k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| iOS | 1 | 25% |
| Local | 1 | 25% |
| Mobile | 1 | 25% |
| Android | 1 | 25% |
| Automotive | 1 | 25% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 25% |
| Series A | 1 | 25% |
| Funding Round | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 1 | 25% |
| United States | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cardoc | Cardoc is a location-based mobile automotive repair estimate service. By uploading photos of their car's exterior damage, users can get free repair estimates and text-consultation from selected car body shops.During the 15 month of service period, Cardoc processed $3.5M worth of transactions and registered stores of Cardoc experienced agrowth rate of 30-100% per month. Each user can get their first estimate within an average of 7 minutes and compare at least 3 estimates without having to register personal information. The founding team consists of five automative enthusiasts. They received the support of Daum NIS (Next Incubation Studio), a startup incubation organization proposed by Daum Communications and spun off in January 2014. | $600K |  | Dec 29, 2014 | http://cardoc.co.kr |
| Mykoon co.,ltd. | Plugger solves the dead phone problem.Plugger offers battery swapping & portable chargers at local convenience stores. For only $3, costumers can have their dead battery swapped for a newly charged one. For Apple devices (non-removable batteries), we provide a portable-battery sharing membership. Costumers join our service by purchasing ourbranded portable batteries, which can be swapped out for $3.Plugger currently has over 100 service locations in Seoul, Korea. By the end of 2015, Plugger will be in over 600 locations in Korea. Our partner stores continue to request the expansion of our service to their storefronts.Our goal for 2016 is to expand into new Asian markets, which will help us reach $10M in sales. We will continue to develop and roll-out new services, including Plugger branded smartphone accessories. We will use our established partner-store relationships as our distribution channel for new product launches.We're fundraising! Please contact us to meet. | $100K | Seed | Oct 01, 2014 | http://www.plugger.cc |
| Cardoc | Cardoc is a location-based mobile automotive repair estimate service. By uploading photos of their car's exterior damage, users can get free repair estimates and text-consultation from selected car body shops.During the 15 month of service period, Cardoc processed $3.5M worth of transactions and registered stores of Cardoc experienced agrowth rate of 30-100% per month. Each user can get their first estimate within an average of 7 minutes and compare at least 3 estimates without having to register personal information. The founding team consists of five automative enthusiasts. They received the support of Daum NIS (Next Incubation Studio), a startup incubation organization proposed by Daum Communications and spun off in January 2014. | $600K | Series A | Apr 01, 2014 | http://cardoc.co.kr |
| Mykoon co.,ltd. | Plugger solves the dead phone problem.Plugger offers battery swapping & portable chargers at local convenience stores. For only $3, costumers can have their dead battery swapped for a newly charged one. For Apple devices (non-removable batteries), we provide a portable-battery sharing membership. Costumers join our service by purchasing ourbranded portable batteries, which can be swapped out for $3.Plugger currently has over 100 service locations in Seoul, Korea. By the end of 2015, Plugger will be in over 600 locations in Korea. Our partner stores continue to request the expansion of our service to their storefronts.Our goal for 2016 is to expand into new Asian markets, which will help us reach $10M in sales. We will continue to develop and roll-out new services, including Plugger branded smartphone accessories. We will use our established partner-store relationships as our distribution channel for new product launches.We're fundraising! Please contact us to meet. | $400K | Seed | Nov 01, 2013 | http://www.plugger.cc |

4 of 4 investments shown.

## Co-investors
- [BonAngels Venture Partners](https://shizune.co/investors/profile/bon-angels) — VC Fund, 3 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 1 deal together

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## FAQ

### What does IDG Ventures Korea invest in?

IDG Ventures Korea invests primarily in iOS, Local and Mobile startups, most often at Seed and Series A stage. Most of the 4 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What round sizes does IDG Ventures Korea invest in?

IDG Ventures Korea typically joins rounds of $100k–$400k at Seed. These are whole funding-round sizes, not IDG Ventures Korea's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds IDG Ventures Korea took part in.

### When did IDG Ventures Korea last invest?

The most recent investment recorded for IDG Ventures Korea closed in Dec 2014. Shizune tracks 4 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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