Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Naver Corporation

Founders Hae-Jin Lee Joon-ho Lee

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Looking for a perfect list of funds?

Get recommendations from our smart algorithm

Get the list
Total investments 64
Average round size
info
The average size of a deal this fund participated in
$36M
Portfolio companies 53
Rounds per year 2.67
Lead investments 18
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.17
Exits 12
Key employees 6

Areas of investment

  • E-Commerce
  • Software
  • Apps
  • Artificial Intelligence
  • Information Technology
Summary

Naver Corporation is the famous Corporate Investor, which was founded in 1999. The main office of represented Corporate Investor is situated in the Seongnam. The fund was located in Asia if to be more exact in South Korea.

Considering the real fund results, this Corporate Investor is 5 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 deals per year. Comparing to the other companies, this Naver Corporation performs on 23 percentage points less the average number of lead investments. Deals in the range of 10 - 50 millions dollars are the general things for fund. The top activity for fund was in 2017. The higher amount of exits for fund were in 2019. The average startup value when the investment from Naver Corporation is 100-500 millions dollars.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Naver Corporation, startups are often financed by Vertex Ventures, Asia Venture Group, Venturra Capital. The meaningful sponsors for the fund in investment in the same round are Line Corporation, Vertex Ventures, SMDV. In the next rounds fund is usually obtained by DSC Investment, BA Partners, Altos Ventures.

Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - South Korea. Among the most successful fund investment fields, there are Advertising Platforms, E-Commerce. Among the various public portfolio startups of the fund, we may underline Woowa Brothers, Soundhound, NimbleRx The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little.

The fund was created by Lee Hae-Jin. We also calculated 5 valuable employees in our database.

Read more

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Bold Capital LLC -
Chengdu Commercial and Industrial Enterprise Management Center Chengdu, China, Sichuan
CSHVC China, Fujian, Hunan
DataPoint Ventures Massachusetts, Needham, United States
Enterprise Holdings Missouri, St Louis, United States
Huiyi Xinxi Beijing, China, Fengtai
Ixchel Chicago, Illinois, United States
Korea Omega Investment Seoul, Seoul-t'ukpyolsi, South Korea
QB Capital Fukuoka, Fukuoka Prefecture, Japan
Rosewood Venture Group California, San Francisco, United States
Round2 Capital Partners Austria, Vienna
Shenzhen Sinexcel Electric China, Guangdong, Tianjin
Swiss Startup Group Switzerland, Zürich, Zurich
Telkomsel Indonesia, Jakarta, Jakarta Raya
The Colorado Impact Fund Colorado, Denver, United States
Westminster National Capital -
YFPharmab -
Zheyin Capital -

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Cenacle Soft

Health Care
Information Technology
Software
$17M27 Feb 2023 South Korea, Gyeonggi-do, South Korea

Wallapop

E-Commerce Platforms
Marketplace
Mobile Apps
Shopping
Social Shopping
$95M18 Jan 2023 Barcelona, Catalonia, Spain

Brandi

App Marketing
Apps
E-Commerce
Marketplace
Shopping
$58M20 Jul 2022 South Korea, Gyeonggi-do, South Korea

Interior Teacher

Home Decor
$3M11 Jul 2022 -

Pocket FM

Apps
Digital Entertainment
Information Technology
Software
$63M03 Mar 2022 Bengaluru, Karnataka, India

TWO

Artificial Intelligence
$20M22 Feb 2022 San Francisco, California, United States

New Vessel

Consumer Goods
E-Commerce
Marketing
Retail
16 Feb 2022 Seoul, Seoul-t'ukpyolsi, South Korea

Balaan

E-Commerce
Fashion
Lifestyle
Retail
$28M07 Oct 2021 Seoul, Seoul-t'ukpyolsi, South Korea

Brandi

App Marketing
Apps
E-Commerce
Marketplace
Shopping
$17M04 Aug 2021 South Korea, Gyeonggi-do, South Korea
News
Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina

– HappyFresh, the on-demand grocery app based in Indonesia, announced it has raised a $65 million Series D.
– The round was led by Naver Financial Corporation and Gafina B.V., with participation from STIC, LB and Mirae Asset Global Investments.
– It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital.
– Founded in 2014, HappyFresh was the first Instacart-style grocery delivery service to launch in Southeast Asia.
– It expanded into five markets before shutting down its operations in Taiwan and the Philippines in 2016.
– It continues to operate in Indonesia, Malaysia and Thailand.

Stampli Raises $50M in Series C Funding

– Stampli, a Mountain View, Calif.-based AI-driven AP Automation company which enables CFOs and controllers to close the disconnect between accounts payables and the broader organization, raised $50m in Series C funding.
– The round was led by Insight Partners with participation from SignalFire and Nextworld Capital, which joined UpWest, Hillsven, Bloomberg and Naver Corp.
– As part of this funding round, Praveen Akkiraju, Managing Director at Insight Partners, will join the Stampli Board of Directors.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Naver Corporation?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: