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Innogrid

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Develops and sells cloud computing solutions

Seoul, South KoreaFounded 2006eCommerce & Marketplaces
Valuation $100–250M Last recorded · 2024
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Innogrid and the history behind them.

About Innogrid

Established in 2006, Innogrid is a South Korean company specializing in cloud computing solutions. The firm operates as an Infrastructure-as-a-Service (IaaS) provider, primarily serving enterprise clients. The business model focuses on delivering a comprehensive suite of cloud services designed to help clients localize their IT-based operations. This includes offerings in artificial intelligence, Internet of Things (IoT), big data, and blockchain, all built upon its proprietary cloud infrastructure.

Innogrid provides both private and public cloud solutions. Its private cloud offering allows companies to build and manage their own cloud services, giving them control over their IT infrastructure resources. The public cloud service provides server creation and management, large file storage, and user access control. A key product is the Innogrid Cloud Matrix Platform (ICMP), an all-in-one cloud solution developed with the company's own technology. The company also offers a multi-cloud management platform to handle diverse cloud environments.

Over its history, Innogrid has secured $3.81 million in funding from investors including Amino Capital, JB Investment, Korea Investment & Securities, LS Securities, and Life Asset Management. A notable milestone was the acquisition of Nada Technologies in November 2015. In December 2024, Innogrid itself was acquired by E-Tech System and now operates as a subsidiary within the E-Tech System group.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Seoul, South Korea
Open positions
9
Dealroom signal
23.0/100
Industry
Hosting
Sector
eCommerce & Marketplaces, Information Technology
Business model
Marketplace & ecommerce
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Dec 2024 $19M $77M Etech Systems ↗
LATE VC✓Equity / VC May 2022 $4.3M $17M Wooshin Venture Investment · Open Water Investment · Korea Investment & Securities · Life asset management ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Innogrid website traffic

Latest recorded traffic for Innogrid is 29K monthly website visits, up 26.1% over the last three months.

Latest monthly visits29K 3-month web change+26.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Shinhan Venture Investment

Series B and later5 investors entered at this stage

  • Wooshin Venture Investment
  • Open Water Investment
  • Korea Investment & Securities
  • Life asset management
  • Etech Systems
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Seoul HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Innogrid on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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