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About Friend

Friend is a venture capital firm founded in 2018. It is primarily based out of Seoul, South Korea. As of Nov 2025, Friend is an active investor, having invested in 6 companies, with 1 new investment 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 High Tech to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Series A round of CloudHospital A lot of funds co-invest with Friend, with names like The Wells Investment sharing a substantial percentage of its portfolio. Friend has team of 5 people including 2 partners.
Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Soonicorns
Deals in last 12 months

Friend's List of Top Investments

Friend has a portfolio of 6 companies. Their most notable investments are in CastingN and Softberry.Their portfolio spans across and South Korea. They have invested in High Tech, Life Sciences, Enterprise Applications and 7 other sectors, across stages such as Series A, Seed  and 1 more. Here is the list of top investments by Friend:
Developer of software solutions for autonomous driving systems and related services. The company focuses on creating technology intended to provide efficient transportation. It develops software for use in autonomous vehicles. The company also offers services related to its autonomous driving technology.

Key facts about RideFlux

Network of hospitals and doctors facilitating medical care bookings globally. It provides a search platform for individuals seeking various medical treatments. The network connects patients with healthcare providers. It offers resources for finding and booking medical services.

Key facts about CloudHospital

Developer of biomarker-based therapeutics for the treatment of cancer. The company has a drug pipeline of small molecules (WM-S1), antibodies(WM-A1), and protein (WM-P1) therapies in the preclinical stage targeting various cancers including colon, breast, NSLC, liver, and prostate. WM-S1 is CRG targeted inhibitor and WM-A1 is an antibody targeting cancer immunotherapy-related genes (CMG).

Key facts about Wellmarker Bio

App-based platform offering charge point locater services. The company offers mobile application EV infra which provides information on electric vehicle charging points, Soodal offers information on hydrogen vehicle charging stations. Also, it offers in-app payments for charging. The mobile application is available for Android and iOS platforms.

Key facts about Softberry

  • Founded Year: 2016
  • Location: Seoul (South Korea)
  • Stage: Series A
  • Total Funding till date: $70.6M
  • Investors: SK, Hyundai and 6 Others
  • Latest Funding Round: Series A, Mar 21, 2024, $*****
  • Highlight: Editors' Pick
Developer of an AI-ready data platform for enterprise AI execution. It is a developer of an AI-ready data platform that prepares enterprise production data for use in AI training, evaluation, and execution. Its platform, Syntitan, diagnoses enterprise data across six readiness axes covering usability, integrity, context, consistency, reproducibility, and traceability, brings the data to an AI-ready state, seals each prepared dataset into a fixed release state identified by a content hash, and binds every AI run to that state, so a team can reproduce the data state behind an earlier result and compare what has changed. Syntitan works alongside existing storage, pipeline, and catalogue tools rather than replacing them. Two engines run inside the platform. DTS transforms scarce, imbalanced, or low-quality data into datasets that models can train and evaluate on, extracting statistical characteristics without moving the original. LLM Capsule is a context-preserving data layer that lets LLM, RAG, and agent workflows run on data that cannot leave in its original form, replacing designated values with structure-preserving substitutes and reconstructing usable output inside the customer-controlled environment.

Key facts about CUBIG

Friend's Investments by Stage

Friend has made 4 investments in Series A stage with an average round size of $10.6M, 1 investment in Seed stage and 1 investment in Series B stage with an average round size of $18.8M.
Here are Friend's investments by stage:
Stage of entry
No. of Investments
Series A
4
Seed
1
Series B
1
Breakdown of Friend's investments by stage of entrySeries A (4)Seed (1)
Note: We have considered here, only first round of investments

Friend's Investments by Sector

Friend has a diverse portfolio, with companies operating in the High Tech, Auto Tech, Enterprise Applications, Business Services and Consumer. Notably, it has invested in 5 Tech companies, 3 Enterprise (B2B) companies, 3 Software companies and at least 2 companies focusing on Consumer (B2C).
Here are Friend's investments by sector:
Sector
No. of Investments
High Tech
4
Auto Tech
2
Enterprise Applications
2
Business Services
1
Consumer
1
Others
6
Breakdown of Friend's investments by sectorsHigh Tech (4)Auto Tech (2)
Note: We have considered here, only first round of investments

Friend's Investments by Geography

Friend has made most investments in South Korea (6).

Friend's recent investments

Friend has not made any investment in 2026 so far.
Here are the most recent investments by Friend:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Nov 17, 2025
South Korea
Series A
9847
Aug 13, 2025
South Korea
Seed
8054
Oct 31, 2024
South Korea
Series B
3005
Mar 21, 2024
South Korea
Series A
9710
Feb 24, 2020
South Korea
Series A
6493

Team profile of Friend

Friend has a team of 5 members including 2 Partners and 3 Principals. Friend's team does not sit on the board of any company as of now.
Here is a list of all team members in Friend:
Name
Designation
Location
Board Memberships
Contact Details
Partner
-
-
-
Partner
-
-
-
Principal
-
-
-
Principal
-
-
-
Principal
-
-
-

Co-investors of Friend

Over the past 8 years, 50 investors have co-invested in Friend's portfolio companies. This includes only funds.

Recent News related to Friend

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FAQs about Friend

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