About SBVA
SBVA is a venture capital firm founded in 2000. It is primarily based out of Seoul, South Korea. As of Jul 2026, SBVA is an active investor, having invested in 253 companies, with 9 new investments in the last 12 months. It primarily invests in Series A round in South Korea based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Nums AI Overall, SBVA portfolio has seen 11 unicorns, 18 IPOs and 32 acquisitions including key companies like ShopBack, Ajaib and Tempus. A lot of funds co-invest with SBVA, with names like Altos Ventures Management sharing a substantial percentage of its portfolio. SBVA has team of 31 people including 8 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 6 more
Portfolio Soonicorns
Deals in last 12 months
SBVA's List of Top Investments
SBVA has a portfolio of 253 companies, including 11 unicorns. Their most notable investments are in ImpriMed and True Balance.Their portfolio spans across South Korea, United States, China and 14 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 36 other sectors, across stages such as Series A, Series B and 6 more. Here is the list of top investments by SBVA:
1. Databricks
Provider of a unified data and AI platform for building and managing analytical and operational workloads. This platform enables organizations to build business intelligence and artificial intelligence applications, stream and analyze data, and process daily operations with consistent security, performance, and governance. It integrates data engineering, data warehousing, and machine learning capabilities into a single foundation, allowing teams to build, deploy, and manage production applications.
Key facts about Databricks
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2024
- Valuation: $*****
- Stage: Series L
- Total Funding till date: $25.2B
- Employee Count: 5,679 as on Dec 31, 2025
- Investors: equitywestsecurities.com, Founders Circle Capital and 127 Others
- Latest Funding Round: Series L, Jul 17, 2026, $*****
- Highlight: Editors' Pick
Digital platform providing financing solutions for small businesses. It offers various financing options, including micro loans, term loans, and invoice financing. It aims to provide accessible and reliable financing to support business growth. The platform also facilitates debt investments for individual and institutional investors.
Key facts about Funding Societies
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: $50M - $100M as on Dec 31, 2024
- Stage: Series D
- Total Funding till date: $242M
- Employee Count: 466 as on Aug 31, 2026
- Investors: Khazanah Nasional Berhad, Samsung Venture Investment and 53 Others
- Latest Funding Round: Series D, Mar 20, 2025, $*****
- Highlight: Editors' Pick
3. ShopBack
Online platform providing cashback rewards, coupons, and promo codes for purchases. It allows users to earn money back on shopping, travel bookings, and game play. Users can withdraw earnings to their accounts. The platform offers notifications for deals and automatic application of coupon codes.
Key facts about ShopBack
- Founded Year: 2014
- Location: Singapore (Singapore)
- Annual Revenue: SGD 100M - 500M as on Mar 31, 2024
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $350M
- Employee Count: 939 as on May 31, 2026
- Investors: Temasek, SBVA and 41 Others
- Latest Funding Round: Series F, Dec 08, 2022, $*****
- Highlight: Editors' Pick
4. Ajaib
Ajaib is an online investing platform for stocks and mutual funds. It provides tools to assist in risk management, rebalancing, portfolio management, financial goals management, stock alerts, and more. The app is available for Android and iOS devices.
Key facts about Ajaib
5. Tempus
Developer of genomic testing and artificial intelligence tools for medicine. This organization provides molecular profiling, algorithmic diagnostic models, and digital pathology services to assist in clinical decision-making. The technology integrates clinical data with sequencing results to identify therapeutic options and potential clinical trial matches. These tools support oncology, neurology, psychiatry, cardiology, and radiology by analyzing biological data to assist in patient care and drug development. The platform facilitates the identification of biomarkers and provides insights into disease progression and treatment responses.
Key facts about Tempus
- Founded Year: 2015
- Location: Chicago (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $1.05B
- Employee Count: 3,157 as on Sep 30, 2026
- Investors: T. Rowe Price, Baillie Gifford and 11 Others
- Latest Funding Round: Post IPO, Jul 30, 2026, $*****
- Highlight: Public
SBVA's Year-on-Year Investment Trends
SBVA has invested in 254 companies over the last 20 years, with an average of 11 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Jul 2026, it has made 8 investments in this year. Its most recent first time investment was in Nums AI and most recent follow-on round was in Mythic.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 0 | 8 |
2025 | 5 | 2 | 7 |
2024 | 7 | 3 | 10 |
2023 | 7 | 5 | 12 |
2022 | 11 | 5 | 16 |
2021 | 24 | 15 | 39 |
2020 | 8 | 9 | 17 |
2019 | 9 | 8 | 17 |
2018 | 19 | 3 | 22 |
2017 | 13 | 5 | 18 |
SBVA's Investments by Stage
SBVA has made 61 investments in Series A stage with an average round size of $14.6M, 47 investments in Series B stage with an average round size of $36.2M and 34 investments in Seed stage with an average round size of $45.3M.Stage of entry | No. of Investments |
|---|---|
Series A | 61 |
Series B | 47 |
Seed | 34 |
Series C | 13 |
Series D | 5 |
Others | 7 |
Note: We have considered here, only first round of investments
SBVA's Investments by Sector
SBVA has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and FinTech. Notably, it has invested in 200 Tech companies, 134 Enterprise (B2B) companies, 115 Consumer (B2C) companies and at least 111 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 47 |
Consumer | 46 |
High Tech | 31 |
Retail | 28 |
FinTech | 19 |
Others | 176 |
Note: We have considered here, only first round of investments
SBVA's Investments by Geography
SBVA has made most investments in South Korea (79), followed by United States where it has made 34 investments.Country | No. of Investments |
|---|---|
South Korea | 79 |
United States | 34 |
China | 16 |
Indonesia | 10 |
Singapore | 9 |
Others | 20 |
Note: We have considered here, only first round of investments
SBVA's recent investments
SBVA has made 8 investments in 2026 so far. Nums AI and Databricks are the latest among them.Here are the most recent investments by SBVA:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 20, 2026 | South Korea | Seed | 2391 | [+2] | |
Jul 17, 2026 | United States | Series L | 3409 | [+25] | |
Jun 23, 2026 | South Korea | Series B | 4947 | ||
May 15, 2026 | South Korea | Series B | 4173 | [+7] | |
Apr 23, 2026 | - | Series A | 4138 |
Unicorns in SBVA's Portfolio
SBVA has 11 unicorns in its portfolio - Upstage, Ami Labs, ShopBack and others. The most recent unicorn in their portfolio is Upstage. It became a unicorn in 2026, 4 years after SBVA first invested in it.Here is a list of unicorns in SBVA's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of AI platform for multiple task management | 2020 | San Jose | Series C | {rsnar{ | ||
58 | Developer of action conditioned world models for autonomous agentic systems | 2026 | Paris | Seed | guiwzep | ||
79 | Online platform providing cashback rewards, coupons, and promo codes for purchases | 2014 | Singapore | Series F | vylketf | ||
71 | AI-enabled key-word based private search engine | 2020 | Palo Alto | Series C | dyuonpn | ||
49 | B2B platform connecting buyers and suppliers in the food, agriculture, and marine sectors | 2015 | Seoul | Series D | debxhlw |
IPOs and Publicly Listed companies in SBVA's Portfolio
18 of SBVA's portfolio companies have become public. SemiFive got listed on the Korea Exchange (KRX), in Dec 2025 at marketcap of $564M and Nota got listed on the Korea Exchange (KRX) at marketcap of $135M.Here are SBVA's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 29, 2025 | - | - | 4266 | |
Nov 03, 2025 | - | - | 5500 | |
Apr 02, 2025 | - | - | 6142 | |
Jan 23, 2025 | Mar 09, 2016 | Series A | 3706 | |
Nov 07, 2024 | Apr 04, 2016 | Series A | 4828 |
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Acquired companies in SBVA's Portfolio
32 companies from SBVA's portfolio have been acquired. The most recent acquisition was Blueshift in Jun 2026 by BlueConic for $*****.Here are SBVA's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 17, 2026 | Apr 23, 2019 | Series B | 8722 | |
Feb 13, 2026 | Aug 25, 2014 | Series A | 6600 | |
Dec 23, 2025 | Jul 11, 2022 | Series B | 4115 | |
Nov 24, 2025 | - | - | 8709 | |
Nov 04, 2025 | Feb 2020 | Series C | 7920 |
Team profile of SBVA
SBVA has a team of 31 members including 8 Partners and 11 Principals located in South Korea, China and 3 more locations. SBVA's team does not sit on the board of any company as of now.Here is a list of top team members in SBVA:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | South Korea | - | - | |
Partner | South Korea | - | ||
Partner | Seoul | - | ||
Partner | - | - | ||
Partner | Seoul | - | - | |
Partner | South Korea | - | ||
Partner | South Korea | - | ||
Partner | South Korea | - | - | |
Principal | - | - | ||
Principal | Singapore | - | ||
Principal | Haidian | - |
Co-investors of SBVA
Over the past 20 years, 1053 investors have co-invested in SBVA's portfolio companies. This includes funds and angels.
- Invested before SBVA: East Ventures, Alpha JWC Ventures and 363 others have invested in rounds before SBVA. There are 7 companies where East Ventures has invested before SBVA and 4 companies where Alpha JWC Ventures has invested before SBVA.
- Top Co-investors of SBVA: 331 investors entered a company along with SBVA. These include investors like Altos Ventures Management (8 companies).
- Invested after SBVA: A total of 357 investors have invested in SBVA's portfolio after their investments. Top Investors include Korean Development Bank (8 companies), SoftBank Vision Fund (5 companies) and Shinhan Financial Group (5 companies).
Recent News related to SBVA
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Nums AI Raises 4 Billion Won for Tabular Foundation Model DevelopmentDigitalToday•Jul 20, 2026•Numlabs, SBVA
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Innovide Raises 12 Billion Won to Expand K-Dental Lab Business in USSedaily•Jun 24, 2026•Murex, Industrial Bank of Korea, Wonik Investment Partners, SBVA and 3 others
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WIRobotics Secures Approximately KRW 100 Billion (USD 68 Million) Series B FundingWebDisclosure•May 15, 2026•WiRobotics, Intervest, SBVA, Hana Ventures and 7 others
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SBVA invests KRW 50 billion in ‘AMI’ seed round founded by Yann LeCunWowtale•Mar 11, 2026•Ami Labs, SBVA
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SBVA Invests €30 Million in Yann LeCun-Founded AMIPR Newswire•Mar 11, 2026•SBVA, Ami Labs, Hiro Capital, Cathay Innovation and 1 other
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Advanced Machine Intelligence Closes $1.03 Billion Seed FundingFinSMEs•Mar 11, 2026•Ami Labs, SBVA, Shorooq Partners, HV Capital and 6 others
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Mythic raises $125M for compute-in-memory chips led by DCVC, joined by NEA, Softbank KR and Honda Motor Co.SiliconAngle•Dec 18, 2025•Nea, SoftBank, DCVC, Mythic and 15 others
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Tacta Systems Announces $75 million in Funding to Bring Dextrous Intelligence to Robotsintelligence360•Jul 02, 2025•Tacta Systems, AFF, SBVA, Matter Venture Partners and 8 others
