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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.

Enterprise value

How much Seoul’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Seoul, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

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.

Startup funnel

Seoul's startup funnel

Companies headquartered in Seoul at each stage today, by total VC raised. Hover a bar for the split.

2,287
Startups
$100K–15M raised

748 pre-seed · 754 seed · 785 Series A

661
Breakouts
$15–100M raised

455 Series B · 206 Series C

128
Scaleups
$100M+ raised

95 Mega · 33 Mega+

58
Unicorns and/or $100M+ revenue

44 valued at $1B+ · 39 with $100M+ revenue · 25 both

Source: Dealroom.co

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

 

Loading VC raised by Seoul-headquartered companies…

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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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
179
University spinouts
877
Total alumni-founded companies
497
Of which startups (<$15M raised)
307
Breakouts ($15M-100M)
73
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.

$1T
$1T
$627B
$494B
Seoul
$380B
$330B
$298B
$244B
$229B

Combined enterprise value of each ecosystem.

Get the full Seoul ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.