351 indexable Auto companies headquartered in South Korea, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.3B across 13 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Hanon Systems
Thermal management systems for automobile industry |
$247.9M | — | Acquired | Grant (prize money) Feb 2024 | 313 | 1986 | — |
| 2 |
Hey Dealer
App-driven and auction-based C2B car selling platform |
$97.9M | — | Series D | Series D Feb 2024 | 75 | 2014 | — |
| 3 |
CHEXCAR
Used car inspection and certification platform that provides a one-stop solution for used car purchases |
$8.2M | — | Series B | Series B Sep 2024 | 28 | 2017 | ↑ Active |
| 4 |
ADRO
Manufacturer of high-quality aerodynamic body kits, including carbon fiber front lips, side skirts, and other aftermarket accessories for various BMW models |
$3.9M | — | Series A | Series A Jul 2024 | 19 | 2020 | ↑ Active |
| 5 |
GM Korea
Automotive manufacturing company |
$750M | — | Series D | Series D Dec 2018 | 12,000 | 2002 | — |
| 6 |
POSCORE
Manufacturer of motors for electric vehicles |
$747.4K | — | Seed | Seed Nov 2024 | — | 2023 | ↑ Active |
| 7 |
SK Encar
Online used car listing platform |
$126M | — | Acquired | PE Mar 2014 | 70,000 | 2000 | — |
| 8 |
JM.WAVE
Developer of electric vehicle conversion kits for trucks |
$2.2M | — | Series A | Series A Feb 2024 | 11 | 2017 | — |
| 9 |
CAP
Manufacturer and supplier of wipers |
$58M | — | Late Stage | PE May 2010 | — | 1995 | — |
| 10 |
Getcha
App that provides an auction-based marketplace for new cars |
$9.6M | — | Series A | Series A Apr 2022 | 55 | 2015 | — |
| 11 |
Carmerce
Provider of online marketplace for buying and selling cars |
$2.3M | — | Series A | Feb 2023 | — | 2020 | — |
| 12 |
Mr Pic
Online services for car buyers & sellers |
$2.6M | — | Series A | Series A Nov 2015 | 32 | 2014 | — |
| 13 |
VSI
Manufacturer of multiple automotive electronics parts and accessories |
$1.3M | — | Acquired | Seed Sep 2020 | 28 | 2014 | — |
| 14 |
Eflow
Developer of high-efficiency hydrogen fuel cell and AFPM motor systems for micro-mobility |
— | — | Seed | Seed Mar 2026 | 8 | 2015 | ↑ Active |
| 15 |
WePair
Provider of automotive repair solutions |
— | — | Seed | Seed Aug 2025 | — | 2023 | ↑ Active |
| 16 |
Jim Carrey
Provides tech-enabled luggage delivery and storage services for travelers |
— | — | Series A | Series A Nov 2023 | 33 | 2016 | — |
| 17 |
Wello
Provider of engine, gearboxes, steering, and chassis & electronics parts |
— | — | Seed | Seed Jul 2023 | — | 2021 | — |
| 18 |
Nexen Tire
Manufacturer and supplier of tires to OEMs |
— | — | Public | Grant (prize money) Dec 2022 | 4,153 | 1942 | — |
| 19 |
Renault Korea Automobile
Online retailer of new and used cars |
— | — | Funding Raised | Unattributed May 2022 | — | 1995 | — |
| 20 |
Wiper
App-based car washing platform |
— | — | Series A | Series A Jul 2020 | 5 | 2015 | — |
| 21 |
Carvazo
Online platform that provides pre-purchased vehicle inspection services |
— | — | Seed | Seed Apr 2019 | 13 | 2015 | — |
| 22 |
Lgchem
Manufacturer of petrochemicals, advanced materials, and innovative life science solutions |
— | — | Public | Conventional Debt Apr 2019 | 29,573 | 1947 | — |
| 23 |
Hands Corporation
Manufacturer and supplier of wheels to OEMs |
— | — | Public | Conventional Debt Mar 2018 | 912 | 1972 | — |
| 24 |
LS Automotive
Manufacturer and supplier of electrical and electronic components |
— | — | Late Stage | PE Feb 2018 | 60 | 1973 | — |
| 25 |
Truwin
Manufacturer and supplier of sensors |
— | — | Public | Post IPO Dec 2017 | — | 2006 | — |
| 26 |
Honoka
Online platform to buy & sell used cars |
— | — | Deadpooled | Seed Nov 2017 | 3 | 2015 | — |
| 27 |
Artifex
Manufacturer of bicycles and patient vehicles |
— | — | Deadpooled | Seed 2017 | — | 2017 | — |
| 28 |
Mando Corporation
Manufacturer and supplier of major auto components to OEMs and aftermarket |
— | — | Public | Grant (prize money) Dec 2016 | 5,001 | 1962 | — |
| 29 |
Kodaco
Manufacturer and supplier of major auto components |
— | — | Public | Jun 2013 | 250 | 1986 | — |
| 30 |
Hankook Tire
Manufacturer of tires for passenger vehicles, motorsport, and commercial use |
— | — | Public | Post IPO Aug 2011 | 6,986 | 1941 | — |
| 31 |
ADM21
Manufacturer and supplier of wiper blades |
— | — | Late Stage | Jul 2010 | — | 1967 | — |
| 32 |
SCD
Manufacturer of electrical parts and various motors |
— | — | Public | Jun 2010 | 206 | 1987 | — |
| 33 |
SL Corporation
Manufacturer and supplier of body and chassis components to OEMs |
— | — | Public | Post IPO Feb 2004 | 780 | 1954 | — |
| 34 |
Seoyon Electronics
Manufacturer and supplier of electrical and electronic parts to OEMs |
— | — | Public | Series A Sep 1993 | 1,165 | 1957 | — |
| 35 |
IljiTech
Manufacturer and supplier of body and chassis components |
— | — | Public | Jul 1989 | 412 | 1986 | — |
| 36 |
Aconl Company
Luxl Co Ltd formerly known as Aconl Co Ltd operates in the auto part industry in South Korea. The company is engaged in manufacturing of parts and accessories for motor vehicles. |
— | — | Private | — | 31 | 1979 | — |
| 37 | Actro | — | — | Public | — | 51 | 2012 | — |
| 38 |
AFW
Manufacturer and supplier of automotive parts |
— | — | Public | — | 55 | 1998 | — |
| 39 |
AIC
Manufacturer and supplier of automotive components to OEMs |
— | — | Deadpooled | — | — | 1982 | — |
| 40 |
AJ Selfie
Online used car distributor |
— | — | Acquired | — | — | 2005 | — |
| 41 |
Ajin Industry
Manufacturer and supplier of major auto components |
— | — | Public | — | — | 2005 | — |
| 42 |
Alloy commercial wheel
Manufacturer and supplier of alloy wheels |
— | — | Funding Raised | — | 63 | 2010 | — |
| 43 | Almac | — | — | Public | — | 143 | 1973 | — |
| 44 |
Alton Sports
Provider of a wide range of bicycles for various purposes, including electric bikes, city bikes, kids bikes, junior bikes, and mountain bikes |
— | — | Public | — | — | 1994 | — |
| 45 |
Anchem
Manufacturer of radiation insulation, abrasion protection, and other products |
— | — | Acquired | — | — | 2009 | — |
| 46 |
AP Solutions
Designs and develops aircraft and automobile parts |
— | — | Acquired | — | 350 | 1999 | — |
| 47 |
Arenne
Provider of automotive projects |
— | — | Funding Raised | — | — | 2016 | — |
| 48 |
Audi
Automotive manufacturing company |
— | — | Unfunded | — | — | 2004 | — |
| 49 |
Austem
Manufacturer and supplier of major auto components to OEMs |
— | — | Unfunded | — | — | 1990 | — |
| 50 |
austem
Austem is a manufacturer and supplier of technical automotive components. |
— | — | Public | — | 296 | 1990 | — |
Hanon Systems (fka Halla Visteon Climate Control Corporation) manufactures climate control systems for automobile applications. Their thermal management solutions include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. It has 40 manufacturing sites supported by four global technical centers in 19 countries.
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.
CHEXCAR is a used-car inspection company that offers a one-stop solution for used car buyers. The company's platform provides a comprehensive inspection report and certification, which helps to reduce the risk of buying a used car. CHEXCAR aims to revolutionize the used car market by providing transparency and efficiency in the buying process.
Manufacturer of high-quality aerodynamic body kits, specializing in carbon fiber front lips, side skirts, and other accessories for various car models, including BMW, Toyota GR86, Subaru BRZ, and Tesla Model 3. They offer a wide selection of aftermarket body kits to enhance the sportiness and style of cars.
Automotive manufacturing company
Manufacturer of motors for electric vehicles. The company develops non-permanent magnet synchronous motor, magnetic powder, and more.
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.
Developer of electric vehicle conversion kits for trucks. The platform offers electric motors, batteries, controllers, chargers, and more.
CAP Corporation is a manufacturer and supplier of wipers. Manufactures wiper blades, wiper arms and linkages for automobiles.
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.
Provider of online marketplace for buying and selling cars
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.
Korea Investment Holdings
Shinhan Venture Investment
Strong Ventures
Aju IB Investment
DSC Investment
Daesung Startup Investment
ES Investor
IMM Investment
Kolon Investments
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Premier Partners
Q Capital Partners
SBI Investment Korea
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-18.
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