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Seoul

Metro area · South Korea · Pop. 26M · #17 city by EV

A public taster of the full Seoul ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

3,066 Pool of Funded Startups

New Startups

502 Annual Startups FoundedAll new ventures

391 Annual Startups FundedReceived investment

get funded 78%

2,279Startups

746 Pre-Seed Startups$100K–1M

753 Seed Startups$1–4M

Pre-Seed to Seed 13%

780 Series A Startups$4–15M

Seed to Series A 21%

659Breakouts

455 Series B Breakouts$15–40M

A to Series B 33%

204 Series C Breakouts$40–100M

B to Series C 27%

128Scaleups

95 Mega Scaleups$100–250M

reach Mega 3.1%

33 Mega+ Scaleups$250M+

reach Mega+ 1.1%

46Valuation Outcomes

42 Unicorns($1–10B valuation)

reach Unicorn 1.4%

4 Decacorns($10–100B valuation)

reach Decacorn 0.13%

Pre-Seed

746

Seed

753

Series A

780

Series B

455

Series C

204

Unicorn

Decacorn

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Quarterly report

Seoul's latest quarter in venture capital

VC raised by Seoul-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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Largest rounds

Largest funding rounds in Seoul

A live treemap of the largest VC rounds. Each cell is one round into Seoul-headquartered companies, grouped by Dealroom sector.

Largest rounds in Seoul - 2026

Every $40M+ VC round into Seoul-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Seoul

VC investment into Seoul-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Seoul's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Seoul.

University-linked startup formation

177

University spinouts

860

Total alumni-founded companies

486

Of which startups (<$15M raised)

301

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Seoul stacks up

Compare Seoul with peers from the same country (South Korea) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$1.1T

$1T

$641B

$501B

Seoul

$387B

Singapore

$342B