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 192 startups in sectors like Enterprise Applications, Consumer. As of Apr 2026, SparkLabs has witnessed 12 portfolio exits. Most notable companies in
its portfolio include Memebox, JANDI and Chartmetric. The program is backed by a team of 60 people who primarily support Seed startups based in South Korea. Its latest investment was a Undisclosed Seed round in Piero Company on Mar 03, 2026 along with CNT Tech.
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 192 companies. Their most notable investments are in Beacon Surgery and Fluid.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. 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)
- Stage: Series D
- Total Funding till date: $193M
- Employee Count: 227 as on Mar 31, 2026
- Investors: FCVC, AME Cloud Ventures and 29 Others
- Latest Funding Round: Series D, Feb 14, 2020, $*****
- Highlight: Editors' Pick
2. 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: 51 - 200 as on Jul 01, 2024
- Investors: Atinum Investment, SBVA and 15 Others
- Latest Funding Round: Series B, Nov 18, 2022, $*****
- Highlight: Editors' Pick
3. 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: 29 as on Dec 31, 2024
- Investors: Booga Ventures, Primer Sazze Partners and 3 Others
- Latest Funding Round: Seed, Oct 10, 2018, $*****

4. Balaan
Online retailer of multi-category fashion products by designers. The product catalog includes skirts, pants, tops, shoes, sneakers, bags, etc.
Key facts about Balaan
- Founded Year: 2015
- Location: Seoul (South Korea)
- Stage: Series C
- Total Funding till date: $45M
- Employee Count: 40 as on Feb 28, 2026
- Investors: Kolon Investments, KTB Network and 8 Others
- Latest Funding Round: Series C, Oct 16, 2022, $*****
- Highlight: Editors' Pick
5. 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: 76 as on Jul 01, 2024
- Investors: D3 Jubilee Partners, Rapyd and 15 Others
- Latest Funding Round: Series C, Sep 13, 2022, $*****
- Highlight: Editors' Pick
SparkLabs' Year-on-Year Investment Trends
SparkLabs has invested in 192 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 Mar 2026, it has made 2 investments in this year. Its most recent first time investment was in Piero Company and most recent follow-on round was in QuadMedicine.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 1 | 0 | 1 |
2024 | 7 | 0 | 7 |
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 181 investments in Seed stage with an average round size of $226K, 1 investment 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 | 181 |
Series A | 1 |
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 Food and Agriculture Tech. Notably, it has invested in 150 Tech companies, 91 Enterprise (B2B) companies, 79 Software companies and at least 76 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 60 |
Consumer | 58 |
Retail | 33 |
High Tech | 24 |
Food and Agriculture Tech | 15 |
Others | 168 |
Note: We have considered here, only first round of investments
SparkLabs' Investments by Geography
SparkLabs has made most investments in South Korea (144), followed by United States where it has made 27 investments.Country | No. of Investments |
|---|---|
South Korea | 144 |
United States | 27 |
Singapore | 4 |
India | 2 |
Italy | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
SparkLabs' recent investments
SparkLabs has made 2 investments in 2026 so far - Piero Company and TeamKai.Here are the most recent investments by SparkLabs:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 03, 2026 | - | Seed | 9369 | ||
Jan 29, 2026 | South Korea | Seed | 6198 | - | |
Feb 10, 2025 | South Korea | Seed | 3844 | - | |
Jul 01, 2024 | South Korea | Seed | 8557 | - | |
Apr 18, 2024 | South Korea | Series A | 6547 | - |
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 | 3661 | |
Dec 10, 2025 | Jul 12, 2017 | Seed | 9212 | |
Aug 11, 2021 | Jun 22, 2015 | Seed | 6818 | |
- | Dec 10, 2014 | Seed | 6318 | |
- | Sep 30, 2013 | Seed | 7383 |
Acquired companies in SparkLabs' Portfolio
7 companies from SparkLabs' portfolio have been acquired. The most recent acquisition were WePlanet in Jul 2024 by Sparta.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 | 9653 | |
May 11, 2021 | Mar 06, 2013 | Seed | 9971 | |
Aug 20, 2020 | Sep 30, 2013 | Seed | 7907 | |
Aug 19, 2020 | Dec 07, 2017 | Seed | 1107 | |
Feb 25, 2020 | Jul 12, 2017 | Seed | 3078 |
Team profile of SparkLabs
SparkLabs has a team of 60 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, 236 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: 21 investors entered a company along with SparkLabs. These include investors like Kakao Ventures (2 companies).
- Invested after SparkLabs: A total of 187 investors have invested in SparkLabs's portfolio after their investments. Top Investors include SBVA (4 companies) and BonAngels Venture Partners (4 companies).
Recent News related to 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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12 Spark Lab Investment Startup, 'Tips' program selectionVenture Square•Jan 04, 2024•SparkLabs, Tips Industries
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Spark Lab Group SPAC company ‘Spark Acquisition’ listed on NASDAQVenture Square•Oct 10, 2023•SparkLabs
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Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake BunnyTechCrunch+•Apr 13, 2021•Binance, Ideocolab, SparkLabs
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Toss Lab raises $13 million Series B for its collaboration platform JANDI, the ‘Slack of Asia’TechCrunch+•Sep 01, 2020•JANDI, SoftBank Ventures Asia, Atinum Investment, Shinhan Financial Group and 5 others