BonAngels Venture Partners

BonAngels Venture Partners is an early-stage venture capital firm based in South Korea, recognized as one of the first of its kind in the country. Since its founding in 2007, the firm has invested in over 270 startups across more than 53 countries, including South Korea, Japan, China, the United States, India, Indonesia, Vietnam, Thailand, and Malaysia. Their portfolio spans various industries such as technology, education, financial services, lending and investments, foodtech, edutech, mobility, drone, AI, travel, O2O, and fintech.

The firm's investment strategy focuses on early-stage companies, providing support from pre-incorporation through growth stages, including pre-seed, seed, early stage, Series A, Series B, growth, late stage, and pre-IPO. Investment sizes typically range from $1 million to $5 million. BonAngels emphasizes a collaborative partnership approach, offering hands-on assistance to portfolio companies in areas like growth-hacking, public relations, legalities, and recruitment. They also connect startups to industry experts and potential hires, aiming to minimize mistakes and prioritize tasks effectively.

BonAngels has a strong track record, having contributed to the emergence of high-growth startups and the development of the Korean startup ecosystem. Notable exits include companies like Woowa Bros, known for its food delivery service app, and Jobplanet, a Korean equivalent of Glassdoor. The firm's Pacemaker Fund IV, launched in 2022, reflects its commitment to supporting the next generation of entrepreneurs, with 57% of the fund's capital coming from successful startup founders previously funded by BonAngels. This structure fosters a self-sustaining startup ecosystem where capital, talent, and knowledge circulate effectively.