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Unicorns & thoroughbreds

Unicorns in South Korea

Dealroom tracks 44 unicorns headquartered in South Korea — companies that reached a verified $1B+ valuation — worth $186.5B combined, plus 12 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.

44Unicorns ($1B+ valuation)
5Valued at $10B or more
12Thoroughbreds ($100M+ revenue)
$186.5BCombined unicorn valuation

Every unicorn in South Korea

All 44 companies headquartered in South Korea that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.

# Company Sector HQ Founded Valuation Status
1 Celltrion Biotech & Life Sciences Incheon 2002 $39B IPO 2005
2 NAVER AI Seongnam-si 1999 $21B IPO 2002
3 Kakao Corp eCommerce & Marketplaces Jeju 2010 $13B IPO 2003
4 Dunamu Fintech Seoul 2012 $13B Private
5 Korea Aerospace Industries Space Sacheon-si 1999 $12B IPO 2011
6 Yanolja Other Seoul 2005 $9B Private
7 Krafton Consumer Services Seongnam-si 2007 $7.5B IPO 2021
8 Toss Fintech Seoul 2011 $7B Private
9 Rainbow Robotics Robotics Daejeon 2011 $6B IPO 2021
10 Yello Mobile Consumer Services Seoul 2012 $4B Private
11 Woowa Brothers eCommerce & Marketplaces Seoul 2011 $4B Private
12 GP Club Other Seoul 2003 $3.4B Private
13 Gentle Monster Other Seoul 2011 $3B Private
14 Danggeun Market eCommerce & Marketplaces Seoul 2015 $2.7B Private
15 Musinsa eCommerce & Marketplaces Seoul 2001 $2.6B Private
16 ABLY eCommerce & Marketplaces Seoul 2018 $2.5B Private
17 Rebellions Semiconductors Seoul 2020 $2.3B Private
18 NCSOFT Consumer Services Seoul 1997 $2.3B IPO 2003
19 Zigbang eCommerce & Marketplaces Seoul 2010 $2.1B Private
20 Ligachem Bio Biotech & Life Sciences Daejeon 2006 $2B IPO 2013
21 Megazone Cloud Other Seoul 1998 $2B Private
22 TMON eCommerce & Marketplaces Seoul 2010 $2B Private
23 WeMakePrice eCommerce & Marketplaces Seoul 2010 $2B Private
24 Hyperconnect Consumer Services Seoul 2014 $1.7B Private
25 IGAWorks Marketing Seoul 2006 $1.7B Private
26 Market Kurly eCommerce & Marketplaces Seoul 2015 $1.6B Private
27 LegoChem Biosciences Other Daejeon 2006 $1.6B Private
28 OliX Pharmaceuticals Biotech & Life Sciences Suwon 2010 $1.5B IPO 2018
29 Pearl Abyss Consumer Services Anyang-si 2010 $1.4B IPO 2017
30 Ohouse eCommerce & Marketplaces Seoul 2014 $1.4B Private
31 RIDI Consumer Services Seoul 2008 $1.3B Private
32 L&P Cosmetic | Mediaheal eCommerce & Marketplaces Seoul 2009 $1.1B Private
33 NHN Corporation Other B2B Software Seongnam-si 1998 $1.1B IPO 2013
34 Korea Credit Data Fintech Seoul 2016 $1.1B Private
35 Good Choice Company eCommerce & Marketplaces Seoul 2015 $1B Private
36 Oasis Market eCommerce & Marketplaces Seoul 2011 $1B Private
37 Upstage AI Yongin-si 2020 $1B Private
38 Aprogen Biotech & Life Sciences Seongnam-si 2000 $1B Private
39 Shiftup Consumer Services Seoul 2013 $989M IPO 2024
40 Tridge eCommerce & Marketplaces Seoul 2014 $733M Private
41 Lunit Biotech & Life Sciences Seoul 2013 $621M IPO 2022
42 Socar Transportation Seoul 2012 $547M IPO 2022
43 Rznomics Biotech & Life Sciences Yongin-si 2017 $449M IPO 2025
44 FADU Semiconductors Seoul 2015 $47M IPO 2023

Thoroughbreds — the $100M+ revenue tier

Dealroom's revenue milestone: 12 South Korea companies past $100M in annual revenue, proof of traction beyond paper valuations.

# Company Sector HQ Founded Valuation Status
1 Hugel Control Biotech & Life Sciences Seoul 2001 $1.6B IPO 2016
2 JYP Entertainment Other Seoul 1997 $847M IPO 2001
3 BRANDI eCommerce & Marketplaces Seoul 2014 $671M Private
4 Com2uS Consumer Services Seoul 1998 $266M IPO 2007
5 Digital Daesung Edtech Seoul 2000 $197M IPO 2010
6 Worldex Industry & Trading Co. Semiconductors Seongnam-si 2000 $193M IPO 2008
7 Vieworks Robotics Anyang-si 1999 $158M IPO 2009
8 Joycity Consumer Services Seongnam-si 1994 $131M IPO 2010
9 Amicogen Other South Korea 2000 $109M IPO 2013
10 devsisters Consumer Services Seoul 2007 $76M IPO 2014
11 Gravity Consumer Services Seoul 2000 $4M IPO 2005
12 It's Skin Other Seoul 2014 IPO 2015

Frequently asked questions

How many unicorns are there in South Korea?

Dealroom tracks 44 unicorns headquartered in South Korea as of August 2026, worth $186.5B combined. 5 of them are valued at $10B or more.

What are the biggest unicorns in South Korea?

The three most valuable are Celltrion, NAVER, Kakao Corp. Seoul is the top hub with 30 of them.

What counts as a unicorn — and what is a thoroughbred?

A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.

Unicorns in other countries