About SparkLabs
SparkLabs, an accelerator and incubator program founded in 2012, is based in Seoul, South Korea. With a presence in 9 countries, it has supported around 194 startups in sectors like Enterprise Applications, Consumer. As of Oct 2026, SparkLabs has witnessed 12 portfolio exits. Most notable companies in
its portfolio include JANDI, SentBe and Memebox. The program is backed by a team of 53 people who primarily support Seed startups based in South Korea. Its latest investment was a Undisclosed Series A round in fapis on Jul 02, 2026 along with Smile Gate Investment.
Key Metrics
Founded Year
2012
Location
Seoul, South Korea
Sectors of Investment
Stages of Investment
Seed, Series A & 2 more
Locations of Investment
SparkLabs' List of Top Investments
SparkLabs has a portfolio of 194 companies. Their most notable investments are in Fluid and FlexFine.Their portfolio spans across South Korea, United States, Singapore and 6 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 30 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by SparkLabs:1. JANDI
Cloud-based enterprise collaboration platform for team messaging. It allows teams to collaborate, communicate and connect teams, share files, manage feedback and create chat rooms for different teams based on location and topics. It enables users to manage team storage for files and documents & manage settings for check boards, charts and bulletin boards.
Key facts about JANDI
- Founded Year: 2014
- Location: Seoul (South Korea)
- Stage: Series B
- Total Funding till date: $25.8M
- Employee Count: 35 as on Sep 30, 2026
- Investors: Qualcomm Ventures, SBVA and 15 Others
- Latest Funding Round: Series B, Nov 18, 2022, $*****
- Highlight: Editors' Pick
2. SentBe
Cross-border remittance solution. Users can receive money through banks, cash pick up, home delivery, etc. It offers a mobile app for iOS and Android platforms.
Key facts about SentBe
- Founded Year: 2015
- Location: Seoul (South Korea)
- Stage: Series C
- Total Funding till date: $24.1M
- Employee Count: 130 as on Sep 30, 2026
- Investors: D3 Jubilee Partners, Rapyd and 15 Others
- Latest Funding Round: Series C, Sep 13, 2022, $*****
- Highlight: Editors' Pick
3. Memebox
Memebox is an internet first brand offering multi-category beauty products. The product catalog includes facial care products, makeup products, lipsticks, foundation, nail paints, and more.
Key facts about Memebox
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $193M
- Employee Count: 229 as on Sep 30, 2026
- Investors: AME Cloud Ventures, Pegasus Tech Ventures and 29 Others
- Latest Funding Round: Series D, Feb 14, 2020, $*****
- Highlight: Editors' Pick
4. Chartmetric
Provider of analytics and intelligence tools for the music industry. The company offers a suite of tools for artist analytics, playlist tracking, and radio analytics. It also provides tools for discovering new talent and analyzing brand partnerships. The platform offers data for social equity and artist marketing.
Key facts about Chartmetric
- Founded Year: 2015
- Location: Sunnyvale (United States)
- Stage: Seed
- Total Funding till date: $820K
- Employee Count: 51 as on Sep 30, 2026
- Investors: Booga Ventures, Primer Sazze Partners and 4 Others
- Latest Funding Round: Seed, Oct 10, 2018, $*****
5. bemyfriends
Cloud based fan engagement platform. It is a platform for connecting creators with fans. It enables companies, brands, and creators to connect with fans, and manage relationships in real time. It allows creators and brands to build platforms and grow monetization through fan interactions, content creation, service management, data intelligence, eCommerce, NFT enabled digital rewards, and more. Features include content uploading, community management, membership services, live streaming, and interactive communication.
Key facts about bemyfriends
- Founded Year: 2015
- Location: Seoul (South Korea)
- Stage: Series B
- Total Funding till date: $43.7M
- Employee Count: 71 as on Sep 30, 2026
- Investors: Cleveland Avenue, Goodwater Capital and 5 Others
- Latest Funding Round: Series B, Jul 27, 2026, $*****
- Highlight: Editors' Pick
SparkLabs' Year-on-Year Investment Trends
SparkLabs has invested in 194 companies over the last 13 years, with an average of 14 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jul 2026, it has made 4 investments in this year. Its most recent first time investment was in fapis and most recent follow-on round was in QuadMedicine.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 1 | 0 | 1 |
2024 | 8 | 0 | 8 |
2023 | 23 | 0 | 23 |
2022 | 18 | 0 | 18 |
2021 | 13 | 2 | 15 |
2020 | 10 | 1 | 11 |
2019 | 19 | 1 | 20 |
2018 | 20 | 2 | 22 |
2017 | 15 | 0 | 15 |
SparkLabs' Investments by Stage
SparkLabs has made 183 investments in Seed stage with an average round size of $222K, 2 investments in Series A stage, 1 investment in Series B stage with an average round size of $13M and 1 investment in Unattributed stage with an average round size of $25K.Stage of entry | No. of Investments |
|---|---|
Seed | 183 |
Series A | 2 |
Series B | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
SparkLabs' Investments by Sector
SparkLabs has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, High Tech and Media & Entertainment. Notably, it has invested in 153 Tech companies, 93 Enterprise (B2B) companies, 80 Software companies and at least 79 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 58 |
Consumer | 52 |
Retail | 30 |
High Tech | 24 |
Media & Entertainment | 15 |
Others | 170 |
Note: We have considered here, only first round of investments
SparkLabs' Investments by Geography
SparkLabs has made most investments in South Korea (145), followed by United States where it has made 28 investments.Country | No. of Investments |
|---|---|
South Korea | 145 |
United States | 28 |
Singapore | 4 |
India | 2 |
Italy | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
SparkLabs' recent investments
SparkLabs has made 4 investments in 2026 so far. fapis and Lobster are the latest among them.Here are the most recent investments by SparkLabs:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 02, 2026 | South Korea | Series A | 2247 | ||
Jun 01, 2026 | South Korea | Seed | 1748 | - | |
Mar 03, 2026 | - | Seed | 4634 | ||
Jan 29, 2026 | South Korea | Seed | 3815 | - | |
Feb 10, 2025 | South Korea | Seed | 9348 | - |
IPOs and Publicly Listed companies in SparkLabs' Portfolio
5 of SparkLabs' portfolio companies have become public. QuadMedicine got listed on the Korea Exchange (KRX), in Dec 2025 at marketcap of $115M and FESCARO got listed on the Korea Exchange (KRX) at marketcap of $102M.Here are SparkLabs' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2025 | Jan 13, 2020 | Seed | 9300 | |
Dec 10, 2025 | Jul 12, 2017 | Seed | 6620 | |
Aug 11, 2021 | Jun 22, 2015 | Seed | 6015 | |
- | Dec 10, 2014 | Seed | 1944 | |
- | Sep 30, 2013 | Seed | 6070 |
Acquired companies in SparkLabs' Portfolio
7 companies from SparkLabs' portfolio have been acquired. The most recent acquisition was WePlanet in Jul 2024 by Sparta for $*****.Here are SparkLabs' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 18, 2024 | Mar 06, 2013 | Seed | 4418 | |
May 11, 2021 | Mar 06, 2013 | Seed | 3758 | |
Aug 20, 2020 | Sep 30, 2013 | Seed | 3616 | |
Aug 19, 2020 | Dec 07, 2017 | Seed | 9507 | |
Feb 25, 2020 | Jul 12, 2017 | Seed | 7427 |
Team profile of SparkLabs
SparkLabs has a team of 53 members including 13 Partners, 8 Venture Partners and 11 Principals located in South Korea, United States and 2 more locations. SparkLabs' team sits on the board of 1 company.Here is a list of top team members in SparkLabs:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Seoul | - | ||
Partner | - | - | - | |
Partner | Seoul | |||
Partner | Singapore | - | ||
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | ||
Partner | Seoul | - | - | |
Partner | - | - | - | |
Partner | - | - |
Co-investors of SparkLabs
Over the past 13 years, 245 investors have co-invested in SparkLabs's portfolio companies. This includes funds and angels.
- Invested before SparkLabs: SBVA, Stonebridge Capital and 26 others have invested in rounds before SparkLabs. There are 2 companies where SBVA has invested before SparkLabs and 2 companies where Stonebridge Capital has invested before SparkLabs.
- Top Co-investors of SparkLabs: 22 investors entered a company along with SparkLabs. These include investors like Kakao Ventures (2 companies).
- Invested after SparkLabs: A total of 195 investors have invested in SparkLabs's portfolio after their investments. Top Investors include Korean Development Bank (5 companies) and Industrial Bank of Korea (4 companies).
Recent News related to SparkLabs
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Korean Used Luxury Goods Platform FAPIS Completes Series A Bridge Funding for Japanese Market EntryPR TIMES•Aug 21, 2026•Smile Gate Investment, SparkLabs, fapis
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Toss Founder Founded Private Messenger ‘Lobster’ Attracts Seed Investment from SparkLabsWowtale•Jun 01, 2026•Lobster, SparkLabs
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SparkLabs invests in customer service AI agent company 'TeamKai' with seed investmentVenture Square•Jan 29, 2026•Murex Partners, SparkLabs
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Spark Lab invests in the 'Rocket' operator Bueno CompanyVenture Square•Feb 10, 2025•SparkLabs, Kaffe Bueno, Groket
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SparkLabs Injects $75k Boost: Four Startups Secured for 22nd Accelerator Program with Substantial Initial InvestmentKoreaTechDesk•Jan 10, 2024•SparkLabs
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12 Spark Lab Investment Startup, 'Tips' program selectionVenture Square•Jan 04, 2024•SparkLabs, Tips Industries
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SparkLabs DeepTech Fund I Launches to Discover Disruptive Technologies in South KoreaPRWeb•Oct 25, 2023•SparkLabs
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Spark Lab Group SPAC company ‘Spark Acquisition’ listed on NASDAQVenture Square•Oct 10, 2023•SparkLabs
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Daewoo E&C Vina, SparkLabs, and Bespin Global Partner to Build a Smart City Platform in VietnamPRWeb•Jun 27, 2021•SparkLabs, Daewooencvina, Bespin Global