Best Auto Retail & Aftersales Companies in South Korea
The 60 best Auto Retail & Aftersales companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SK Encar.
South Korea's Auto Retail & Aftersales sector has 60 tracked companies and $249M in disclosed funding, and the numbers tell you exactly where the weight sits. Sk Encar leads at $126M, Hey Dealer follows at $98M, and everything else in the directory operates at a fraction of that scale. That concentration isn't a flaw in the data; it's the story. According to 2025 research, omnichannel pressure on automotive OEMs is a primary demand driver, which maps cleanly onto why platforms built around digital car transactions are pulling the majority of capital. The global market behind all this sits at roughly $143.9B with a 14.6% CAGR forecast through 2028, so the runway for Korean players is real.
And the mobile signal backs that up. Median install growth across automotive and catalog retail apps is running at roughly +21% YoY across 1,358 tracked apps, which is a solid proxy for consumer appetite shifting online. So what does that mean for the 58 companies outside the top two? Getcha ($10M) and Chexcar ($8M) are the clearest mid-tier bets I'd watch, both operating in a market where replacement parts availability online keeps expanding. Strong Ventures, Korea Investment Holdings, and Atinum Investment are the most active backers here, and with zero unicorns yet in the cohort, the upside case for the right platform remains wide open.
- ResearchAndMarkets.com
Ranked: Best Auto Retail & Aftersales companies in South Korea
| # | 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 | 148 mo ago | Acquired | — | 2000 | +12% | — | — |
| 2 | Hey Dealer App-driven and auction-based C2B car selling platform | $98M | 29 mo ago | Series D | Park Jin-Woo CEO | 2014 | +27% | — | — |
| 3 | Getcha App that provides an auction-based marketplace for new cars | $10M | 50 mo ago | Series A | You chul Jung Founder & CEO | 2015 | +14% | — | — |
| 4 | CHEXCAR Used car inspection and certification platform that provides a one-stop solution for used car purchases | $8M | 21 mo ago | Series B | — | 2017 | — | — | — |
| 5 | Mr Pic Online services for car buyers & sellers | $3M | 127 mo ago | Series A | — | 2014 | — | 2 patents User interface area selection methods for input devices and gesture interaction | — |
| 6 | Carmerce Provider of online marketplace for buying and selling cars | $2M | 40 mo ago | Series A | Paul Ahn CEO | 2020 | — | — | — |
| 7 | JM.WAVE Developer of electric vehicle conversion kits for trucks | $2M | 28 mo ago | Series A | Jeongmin Park Founder & CEO | 2017 | — | 41 patents Patents concentrated in computing, sensing & instrumentation | — |
| 8 | WePair Provider of automotive repair solutions | — | 11 mo ago | Seed | Kihwan Kim Co-Founder & CEO | 2023 | — | — | — |
Top 12 Auto Retail & Aftersales companies in South Korea
#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 B · Suwon-si, Gyeonggi-do · founded 2017 · 28 employees$8.2Mraised▾
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.
- Sep 2024Series B$5.2M
- Aug 2021Series A—
#3
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
#4
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
#5
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
#6
Series A · Yongin si, Gyeonggi do · founded 2020$2.3Mraised▾
Provider of online marketplace for buying and selling cars
#7
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
#8
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—
#9
Series A · Busan, Busan · founded 2016 · 33 employees—raised▾
Provides tech-enabled luggage delivery and storage services for travelers. It is a company that provides luggage transportation and storage services. They offer a platform for users to reserve and leave their luggage at designated locations and get them delivered to the reserved location.
- Nov 2023Series A—
#10
Funding Raised · Gangseo, Yeongnam · founded 1995—raised▾
Online retailer of new and used cars
- May 2022Unattributed—
#11
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—
#12
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—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto Retail & Aftersales coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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.