31 Unicorn Startups in South Korea

A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. South Korea has more than 20.7K+ startups. Of these, 31 have become Unicorns, with the latest entrant to the club being Korea Credit Data on Aug 25, 2023. In 2024, South Korea has seen no new unicorn startups.
​
Globally, South Korea is number 7 in terms of total Unicorns created, behind Germany (47 unicorns) at rank 6 and Israel (48 unicorns) at rank 5. Seoul leads the list of cities in South Korea with most unicorns at 13. It is followed by Gangnam (9 unicorns) and Seongnam-si (5 unicorns). Among sectors, Consumer has seen the most unicorns created at 15, followed by Retail at 11, and Gaming at 4.


Source: Tracxn