Hexagon Ventures

What Hexagon Ventures does

Hexagon Ventures (legal entity: Hexagon Ventures Co., Ltd., formerly Hexagon Investment Consulting) is a privately held South Korean venture capital and accelerator firm founded in 2016 and headquartered in the IUCF Building at Hanyang University's Ansan campus. The firm provides early-stage investment, consulting, global expansion advisory, follow-on funding support, and IPO preparation services to startup founders, operating under a "1M1P" (1 Project per Month) sourcing cadence since registering as an official accelerator with Korea's Ministry of SMEs and Startups in August 2021. Its investment focus spans AI, Big Data, ICT, Prop-tech, Platform, NFT, and Blockchain, with a dedicated AI Fund (50억 KRW, expandable to 200억 KRW) launched in January 2023 in partnership with the Korea AI Association.

The firm's core technology is its investment and acceleration platform rather than a software product: it manages the H Angel Investment Partnership Fund series (Funds 1–10, approximately 40억 KRW combined), conducts accelerator Demo Days, and operates a Value-Up program for AI startups. Its portfolio of 20+ companies includes both established Korean unicorns (Kakao Bank, Viva Republica/Toss, Krafton, Yanolja, Dunamu, Market Kurly, Kakao Games, SK Bioscience, Socar, Banksalad, Kakao Entertainment, Ridibooks) and earlier-stage bets (Lighters, AMP, Uproot, Neton, Ten Eleven, Pet Price, Valueup Systems, Bionote, SugarPic). Underlying infrastructure is augmented by MOUs with Renaissance Law Firm, DKL Partners, and Beyond Space for legal, IP, and co-working support to portfolio companies.

Revenue is generated through three streams: (a) management fees and carried interest on the ~60억 KRW in AUM across the H Angel Fund series and AI Fund; (b) transaction-linked returns from successful portfolio exits via M&A or IPO; and (c) professional services fees from consulting engagements in business strategy, market analysis, overseas expansion, and IPO preparation. Distribution is direct, founder-led sourcing supplemented by partnerships (Korea AI Association, Alternative Asset Management) and overseas offices in Indonesia (PT. Hexagon Ventures Indonesia, established 2018) and the US (Apps311 partnership office, Carle Place, NY, 2023). Pricing and fee structures are negotiated individually with portfolio companies and are not publicly disclosed.

Name

Hexagon Ventures

Legal name

Hexagon Ventures Co., Ltd.

Website

https://hexainv.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Hexagon Ventures is a South Korean venture capital and accelerator (founded 2016) that provides early-stage investment, consulting, global expansion, and IPO preparation to startups, managing approximately 60억 KRW across the H Angel Fund series and a dedicated AI Fund via partnership with the Korea AI Association.

Ownership category

akta.pro rank

Product category

Venture Capital and Accelerator Services

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (525990), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industries

Accelerators & Incubators (Investor-Operated) (FSANAAAM), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture capital services
• Startup accelerator programs
• Early-stage investment
• Portfolio management
• Investment consulting

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Investment Returns: Hexagon generates returns through successful exits from portfolio companies via M&A or IPO. They invest in early-stage startups and support their growth to achieve exit opportunities.
2. Fund Management: Manages venture capital funds including H Angel Fund series (1-10호), with total AUM of approximately 60억원. Charges management fees and carries carried interest from fund operations.
3. Consulting Services: Provides consulting services including business strategy, market analysis, overseas expansion strategy, new business strategy, follow-on funding support, and IPO preparation for portfolio companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Hexagon Ventures is a venture capital and accelerator firm that makes initial investments in early-stage startups and provides accompanying consulting, global expansion support, and follow-on investment services. It operates the Value-Up accelerator program in partnership with the Korean AI Association and manages multiple investment vehicles including the H Angel Fund series (1-10) and a 50 billion KRW AI Fund targeting early-stage companies in AI, Big Data, ICT, Prop-tech, Platform, NFT, and Blockchain sectors.

Product overview

Hexagon Ventures is a venture capital and accelerator firm that provides investment services to early-stage startups, offering early-stage investment, consulting, global expansion support, and follow-on investment. The company operates a Value-Up acceleration program for AI startups in partnership with the Korea Artificial Intelligence Association. Current portfolio focus includes AI, Big Data, ICT, Prop Tech, and Platform sectors, with expansion planned into NFT and Blockchain. The firm does not offer software products; its core offering is investment and acceleration services for portfolio companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Value-Up Accelerator Program
• H Angel Fund Series (Funds 1-10)
• AI Fund
• Portfolio Company Consulting Services
• Overseas Expansion Support via Indonesia Subsidiary

Quantifiable outcome

• Reduced construction design validation time from 5 days to 30 minutes through AI-powered BUILD IT platform (Ten Eleven)
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core, minor and supporting.

• Korean AI Association (한국인공지능협회)coreStrategic or Co-development Partner · 14 August 2023Hexagon Ventures partnered with Korean AI Association to co-host the 'Value-Up Demo Day' for AI startups and are jointly raising a 50억원 AI Fund (expandable to 200억원). This is a flagship partnership for AI startup discovery and acceleration.
• Apps311, LLCminorGTM or Marketing Partner · 1 January 2023US-based partnership for investment collaboration, located in Carle Place, NY. Supports Hexagon's cross-border investment activities and US market expansion.
• DKL Partners Law Firm (디케이엘파트너스법률사무소)supportingImplementation/ SI/ Consulting Partner · 17 August 2022MOU for mentoring and legal advisory focusing on content IP, blockchain IT, venture startup M&A, and general legal counsel to support portfolio companies.
• Beyond Space (비욘드스페이스)supportingImplementation/ SI/ Consulting Partner · 28 July 2022MOU for co-working space provision, government support program collaboration, and startup nurturing space provision. Beyond Space operates shared offices, warehouses, and study cafes.
• Renaissance Law Firm (법무법인 르네상스)supportingImplementation/ SI/ Consulting Partner · 26 May 2022MOU for mentoring, legal advisory, and corporate nurturing support. Provides legal services from early-stage through IPO including M&A advisory, tech company legal counsel, and regulatory navigation.
• Alternative Asset Management (얼터너티브자산운용)coreStrategic or Co-development Partner · 24 March 2022Strategic MOU for joint startup discovery, investment screening, follow-on investment support, and nurturing. Both firms aim to identify and cultivate high-growth venture companies together.
• PT. Hexagon Ventures IndonesiacoreOthersWholly-owned subsidiary established in Jakarta, Indonesia for Southeast Asian market operations and regional startup investment activities.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Mirae Asset Venture Investment: Established Korean venture capital arm of Mirae Asset Group. Comparable as Korean VC with tech startup focus, but with substantially larger AUM and institutional backing.
• IMM Investment: One of Korea's largest venture capital and growth equity firms with broad sector exposure. Comparable as a Korean VC, but significantly larger AUM and more institutional, offering Hexagon an aspirational scale benchmark.
• Korea Investment Partners: Major Korean venture capital and private equity firm with early-to-growth stage focus. Broader portfolio and institutional scale compared to Hexagon's emerging-manager profile.

Direct peers

• D.CAMP: Korean startup accelerator and early-stage investor run with banking industry backing. Operates a similar accelerator-plus-investment model targeting Korean founders.
• SparkLabs: Korean startup accelerator and early-stage VC running cohort programs similar to Hexagon's 1M1P and Value-Up. Both are Korean-domiciled accelerators investing seed and Series A in tech startups with global expansion support.
• Primer: Korean early-stage venture capital firm investing in tech-enabled startups with similar sector focus (AI, platforms, consumer). Operates comparable fund structures and provides hands-on portfolio support.
• Altos Ventures: Korean-origin early-stage venture capital firm investing in tech startups. Similar fund size and stage focus as Hexagon, with comparable portfolio support model.
• Mashup Ventures: Korean early-stage venture firm and accelerator with comparable size and sector focus. Directly competes for seed-stage Korean tech startups.

Regional players

• 500 Global: Global accelerator and early-stage VC with active Korea/Asia programs. Comparable accelerator-plus-fund structure, though operates primarily outside Korea and provides global deal flow competition.

Emerging players

• TIPS (Tech Incubator Program for Startups Korea): Government-backed Korean startup accelerator and investor program. Comparable as a Korean accelerator, but with public funding and different mandate, making it more of a programmatic peer than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hexagon Ventures