
Springcamp
Description
Springcamp is a prominent early-stage venture capital firm headquartered in Seoul, South Korea, despite the user's provided location. Established in 2013, it operates as a subsidiary of Naver Corporation, a leading South Korean internet conglomerate, which provides it with a unique strategic advantage and access to a vast network. The firm primarily focuses on identifying and nurturing innovative technology startups at their nascent stages, typically investing in pre-seed and seed rounds.
The firm's investment strategy is centered on identifying promising teams with strong technical capabilities and disruptive ideas across various sectors, including artificial intelligence, big data, SaaS, mobile applications, and consumer technology. Springcamp is well-known for its hands-on approach, often combining capital investment with comprehensive incubation and acceleration programs. These programs are designed to provide startups with mentorship, operational support, and access to Naver's resources, aiming to significantly enhance their growth trajectory and market readiness.
Springcamp has been a highly active investor in the South Korean startup ecosystem, having made over 200 investments since its inception. Its typical initial check sizes for seed-stage companies range from approximately $73,000 to $365,000 USD, reflecting its commitment to early-stage funding. Beyond financial backing, Springcamp plays a crucial role in fostering a vibrant startup environment in Korea, leveraging its deep industry connections and the strategic backing of Naver to help its portfolio companies scale and achieve their full potential.
Investor Profile
Springcamp has backed more than 38 startups, with 8 new investments in the last 12 months alone. The firm has led 3 rounds, about 8% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in South Korea, United Kingdom, United States.
- Strong thematic focus on Software, Artificial Intelligence (AI), Health Care.
- Led 2 rounds in the past year.
- Typical check size: $73K – $365K.
Stage Focus
- Seed (55%)
- Series A (29%)
- Pre Seed (5%)
- Series Unknown (3%)
- Non Equity Assistance (3%)
- Series B (3%)
- Series C (3%)
Country Focus
- South Korea (82%)
- United Kingdom (5%)
- United States (5%)
- Vietnam (5%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Health Care
- Information Technology
- Financial Services
- Marketing
- E-commerce
- Consulting
- Fashion
- Saas
Frequently Asked Questions
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