Shinhan Financial Group

Company

Investment-firm

Last deal

Amount

Venture - Series Unknown

Stage

01.01.2019

Date

1

all rounds

General

About Company
Shinhan Financial Group is a South Korean corporate investor.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Shinhan Financial Group, established in 2006, is a corporate investor based in Seoul, South Korea. The fund typically invests in rounds with 3-4 participants and has been known to finance startups alongside other organizations such as Mirae Asset Venture Investment, Capstone Partners Co., Ltd., and Atinum Investment. In the past, the fund has received subsequent rounds of funding from 500 Startups. With an average startup value of over $1 billion when investing, Shinhan Financial Group has a higher exit commitment rate compared to other organizations. The fund is most active in 2017 and typically engages in deals ranging from $5-10 million. It primarily invests in startups in South Korea, particularly in the Developer Tools and Computer Vision industries. The fund tends to invest in startups that are 6-10 years old and does not have a specific preference for the number of founders.