
InterVest Co.
Description
InterVest Co. is a prominent venture capital firm headquartered in Seoul, South Korea, established in 1999. With over two decades of experience, the firm has solidified its position as a key player in the Korean venture ecosystem, specializing in investments across various stages from early-stage startups to pre-initial public offering (pre-IPO) companies. InterVest's investment philosophy centers on identifying innovative businesses with high growth potential, providing not only capital but also strategic support to help them scale and achieve market leadership.
The firm maintains a diversified investment portfolio, primarily focusing on sectors such as information technology (IT), biotechnology and healthcare, new materials, and smart manufacturing. This broad sectoral approach allows InterVest to capitalize on emerging trends and disruptive technologies across different industries. As of the end of 2022, InterVest had successfully raised a total of 32 venture capital funds, accumulating a substantial asset under management (AUM) of approximately KRW 1.1 trillion, equivalent to over $810 million USD. This significant capital base enables them to participate in a wide range of investment rounds, from initial seed funding to substantial growth equity.
InterVest has built a robust track record of successful investments and exits, contributing significantly to the growth of numerous companies. The firm has cultivated a diverse portfolio of over 400 companies, demonstrating its extensive reach and commitment to fostering innovation across various sectors. This strategic approach has contributed to an impressive average internal rate of return (IRR) of 10.5% as of the end of 2022, reflecting their disciplined investment process and value-creation capabilities. InterVest's long-standing presence and consistent performance underscore its role as a trusted partner for entrepreneurs seeking to navigate the complexities of the startup journey and achieve long-term success.
Investor Profile
InterVest Co. has backed more than 33 startups, with 10 new investments in the last 12 months alone. The firm has led 8 rounds, about 24% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in South Korea, United States, Japan.
- Strong thematic focus on Artificial Intelligence (AI), Health Care, Software.
- Led 3 rounds in the past year.
- Typical check size: $500K – $15M.
Stage Focus
- Series B (24%)
- Series A (24%)
- Series C (24%)
- Seed (18%)
- Series Unknown (9%)
Country Focus
- South Korea (61%)
- United States (24%)
- Japan (6%)
- Singapore (3%)
- Thailand (3%)
- Indonesia (3%)
Industry Focus
- Artificial Intelligence (Ai)
- Health Care
- Software
- Machine Learning
- Medical
- Beauty
- E-commerce
- Wellness
- Biotechnology
- Fashion
Frequently Asked Questions
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