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Devsisters
Devsisters was established in 2007 by Ji-hoon Lee, who remains Chairman. The company generates its capital through game development and channels a portion into...
Devsisters
Devsisters was established in 2007 by Ji-hoon Lee, who remains Chairman. The company generates its capital through game development and channels a portion into venture investments via Devsisters Ventures. Devsisters Ventures focuses on early-stage seed and start-up rounds as well as expansion and late-stage deals. It has participated in financings with co-investors including LB Investment and Korea Development Bank. Geographic reach covers South Korea plus the additional offices in Japan, the United States and Taiwan. The firm lists 168 million USD in assets under management on an Altss internal estimate. It maintains commercial properties in Seoul and operates the ARA Art Center and Deoksugung Palace collections tied to its Cookie Run franchise. A recent operational note is the continued management of its San Mateo and Tokyo offices. Devsisters operates its investment activity directly from corporate resources rather than through a separate fund structure, creating a direct link between game revenue and venture deployment.
General information
Firm type
Corporate Investor
Year founded
2007
AUM
168 (Altss estimate)
Location
Region
Asia
Country
South Korea
City
Seoul
Corporate office
Seoul, South Korea
Additional offices
Japan · United States · Taiwan
Principals
Ji-hoon Lee
Founder and Chairman
Jo Gil-hyun
CEO
Andy Hyungkew Choi
Founder of Devsisters Ventures
Sector focus
Frequently asked questions
Who runs investment decisions at Devsisters?
Ji-hoon Lee serves as Founder and Chairman. Jo Gil-hyun is the current CEO. Andy Hyungkew Choi founded the Devsisters Ventures arm.
Does Devsisters participate in fund commitments or only direct deals?
Devsisters Ventures makes direct investments and has co-invested with LB Investment and Korea Development Bank in portfolio companies.
What investment stages does Devsisters typically target?
The firm targets early-stage seed, start-up and expansion or late-stage rounds.
Where does the underlying wealth come from?
Capital originates from Devsisters game development operations, principally the Cookie Run franchise.
How is Devsisters related to its philanthropic structures?
Devsisters supports the KAIST Development Foundation and partners with Smilegate Hope Studio on philanthropic initiatives.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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