# Devsisters

Devsisters is a Corporate Investor based in Seoul, South Korea.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Seoul, South Korea
- **Region:** Asia
- **Address:** Seoul, South Korea
- **Founded:** 2007
- **Assets under management:** 168 (Altss estimate)
- **Website:** www.devsisters.com
- **LinkedIn:** https://www.linkedin.com/company/devsisters

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Media & Entertainment

## Offices

- Japan
- United States
- Taiwan

## People

- Ji-hoon Lee — Founder and Chairman
- Jo Gil-hyun — CEO
- Andy Hyungkew Choi — Founder of Devsisters Ventures

## 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.

## Related profiles

- [Regional Economy Vitalization Corporation of Japan (REVIC)](https://altss.com/profile/regional-economy-vitalization-corporation-of-japan-revic)
- [LRM](https://altss.com/profile/lrm)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/devsisters

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology