Best Auto Companies in Seoul, South Korea
The 50 best Auto companies in Seoul, South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SK Encar.
Our analysis of 256 Auto companies
$29.3b in tracked funding; 77% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Auto companies in Seoul
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | App-install YoY | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SK Encar Online used car listing platform | $126M | 149 mo ago | Acquired | — | 2000 | +12% | — | — |
| 2 | Hey Dealer App-driven and auction-based C2B car selling platform | $98M | 30 mo ago | Series D | Park Jin-Woo CEO | 2014 | +27% | — | — |
| 3 | Getcha App that provides an auction-based marketplace for new cars | $10M | 51 mo ago | Series A | You chul Jung Founder & CEO | 2015 | +14% | — | — |
| 4 | Mr Pic Online services for car buyers & sellers | $3M | 128 mo ago | Series A | — | 2014 | — | 2 patents User interface area selection methods for input devices and gesture interaction | — |
| 5 | JM.WAVE Developer of electric vehicle conversion kits for trucks | $2M | 29 mo ago | Series A | Jeongmin Park Founder & CEO | 2017 | — | 41 patents Patents concentrated in computing, sensing & instrumentation | — |
| 6 | VSI Manufacturer of multiple automotive electronics parts and accessories | $1M | 70 mo ago | Acquired | Steve Kang Founder & CEO | 2014 | — | 29 patents Advanced spread-spectrum clocking and interference‑robust signal processing for wireless communications | — |
| 7 | WePair Provider of automotive repair solutions | — | 11 mo ago | Seed | Kihwan Kim Co-Founder & CEO | 2023 | — | — | — |
| 8 | Wiper App-based car washing platform | — | 72 mo ago | Series A | — | 2015 | — | — | — |
Top 10 Auto companies in Seoul
#1
Series D · Seoul, Seoul · founded 2014 · 75 employees$97.9Mraised▾
App-driven and auction-based C2B car selling platform. Users can sell the cars on an auction-based system to dealers through the platform. Sellers should provide car details, owner details, expected price range, and more for selling the car. Their app is available for both Android and iOS devices.
- Feb 2024Series D$33.6M
- Dec 2021Series C$33.6M
- Jul 2019Series B$25.4M
- Jul 2016Series A$4.5M
#2
Series A · Seoul, Seoul · founded 2017 · 11 employees$2.2Mraised▾
Developer of electric vehicle conversion kits for trucks. The platform offers electric motors, batteries, controllers, chargers, and more.
- Feb 2024Series A$2.2M
#3
Acquired · Seoul, Seoul · founded 2000 · 70000 employees$126Mraised▾
SK Encar is an online used car listing platform. Claims to list more than 1 million cars as of August 2015. Claims to attract around 400,000 unique visitors per day on its online and mobile sites. Also has an inbuilt mobile and web auction system that allows users to participate in bids for used cars. Carsales.com purchased a 49.9% stake in SK Encar for $126M in 2014.
- Mar 2014PE$126M
#4
Series A · Seoul, Seoul · founded 2015 · 55 employees$9.6Mraised▾
App that provides an auction-based marketplace for new cars. Buyers can configure a car of their choice & submit a request for price quotations. The platform shares the buyer's information with its dealership network, collects multiple price quotes, and provides users with the best available offer in real-time. Agreeing with the offer, buyers can deposit a down payment and schedule a pickup/delivery of their vehicle. The app is available for both Android & iOS devices.
- Apr 2022Series A$2.9M
- Oct 2021Series A$6.7M
#5
Series A · Seoul, Seoul · founded 2014 · 32 employees$2.6Mraised▾
Mr Pic provides services to car buyers and sellers looking to buy or sell cars online. It offers three services to its users including a service to buy inspected pre-owned cars from certified dealerships, selling used cars to the dealerships through auctions, and a car information service to provide accurate used car price to consumers and dealers through national used car price analysis statistics.
- Nov 2015Series A$1.3M
- Jul 2015Series A$1.3M
#6
Acquired · Seoul, Seoul · founded 2014 · 28 employees$1.3Mraised▾
Manufacturer of semiconductors designed for vehicles. The company specializes in automotive networking technologies and focuses on developing products of essential use in autonomous vehicles, providing car manufacturers with automotive semiconductors.
- Sep 2020Seed$1.3M
#7
Seed · Seoul, Seoul · founded 2023—raised▾
Provider of repair services for automobiles, with a focus on connecting customers with suitable repair shops, providing repair estimates, and managing the repair process from start to finish.
- Aug 2025Seed—
#8
Series A · Seoul, Seoul · founded 2015 · 5 employees—raised▾
Yper is an app-based platform to book car washing services. Users are allowed to make reservations for a car wash by checking the available dates on the platform & can make an online payment. Provides both delivery car wash & visiting car wash services. Other services include customer reviews, customer care & more. Their app is available for iOS & Android devices.
- Jul 2020Series A—
#9
Seed · Seoul, Seoul · founded 2015 · 13 employees—raised▾
Online platform that provides pre-purchased vehicle inspection services. Through the platform, users can book an appointment with the auto mechanic so that they can inspect the cars for users before buying.
- Apr 2019Seed—
#10
Deadpooled · Seoul, Seoul · founded 2015 · 3 employees—raised▾
Honoka is an online platform to buy & sell used cars. Sellers can request & schedule an inspection to get a free car valuation for their vehicles. On the scheduled date, company's technicians visit the sellers to inspect their vehicles and evaluate the listing price. The evaluated vehicles get listed on the platform for selling. Prospective buyers can browse through the listed vehicles & schedule an appointment to check the desired ones and make the purchase accordingly. The company charges 1~ 2% of the deal money from both parties as service charge.
- Nov 2017Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Autonomous Vehicles in Seoul is moving
A read on the academic research around Autonomous Vehicles in Seoul — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 57 papers.
- Seoul National University43
- Seoul National University of Science and Technology9
- University of Seoul5
- The Seoul Institute3
- Hanyang University Seoul Hospital1
- Reinforcement learning2
- Human–computer interaction2
- Lidar2
- Tracking (education)2
- Path (computing)2
- Path (computing)1→4
- Controller (irrigation)2→5
- Transport engineering1→3
- Trajectory3→5
- Control theory (sociology)3→5
- Adaptability1
- Throughput1
- Software deployment1
- Routing (electronic design automation)1
- Vehicle dynamics1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.